XLMUSDT
Stellar Lumens / Tether USD
crypto Composite

Beginner’s Guide To Stellar XLM

Beginner’s Guide To Stellar Lumens XLM

Stellar Lumens XLM Explained For Beginners

Serious question: ETH fees are generally around $0.16 to $0.22 per transaction. At times they can be high and run into the dollars per transaction. The transaction times in non peak times take around 12 to 30 seconds, and in peak times can be up to 30 minutes How can Shib compete with XLM and XRP with very low fees such as $0.000002 per transaction all the time and faster transaction times at 3 to 10 seconds all the time? Believe you me, I would love Shiba Inu to get into the payments area, but from a business perspective, what advantages does Shib running on ETH give businesses?

Hey everyone,
A few weeks ago we [introduced LumenWipe here](https://www.reddit.com/r/Stellar/comments/1wbvj6v/introducing_lumenwipe_opensource_infrastructure/) along with Phase 1. Phase 2 (Tranche 2) is now completed, approved and live, and it covers the part of an account classic tools can't see: Soroban.
# Why this matters
If an account has a Blend deposit, an Aquarius or Soroswap LP position, or Soroban token balances, a normal account merge doesn't touch any of it. Merge the account and that value stays behind in the contracts. LumenWipe now finds it and moves it out before the merge.
# What's new
* **DeFi exits.** Blend (repays debt before withdrawing, claims BLND first), Aquarius (claims AQUA rewards, then withdraws) and Soroswap (withdraws through the router). If LumenWipe can't confirm a position, it tells you instead of treating the account as empty.
* **Soroban tokens.** For each token you choose: convert it to XLM through the Soroswap Aggregator with a minimum you accept, send it as the token to another account, or leave it on record.
* [**Allowance inspector**](https://www.lumenwipe.com/mainnet/allowances)**.** Lists every SEP-41 allowance an account has granted and revokes any of them in one click. You don't need to close anything to use it.
* **Sponsored fees.** An account holding only its minimum balance can't pay the fee to close itself. A sponsor account now pays it through a CAP-15 fee-bump.
# Seen on-chain
One testnet account with positions in Blend, Aquarius and Soroswap at the same time closed in a single pass: three exits, then [one last transaction](https://stellar.expert/explorer/testnet/tx/4c2ab3ed209b0f049596623c7ebe00431bc67b84117ef6f0f4c39249e008abb6) that swapped the AQUA rewards to XLM, removed the trustline and merged the account. The token conversion has also [run on mainnet](https://stellar.expert/explorer/public/tx/80207b5424bde583103d7e2170879c574d37a508a44c6a83d33fc821d7974ea7) with real funds.
# Your keys stay with you
Every transaction is signed in your browser, and your secret key never reaches our servers. Before your wallet signs a Soroban call, your browser decodes it and checks the contract, the function, every account it touches, and the fee. The analysis is read-only, so you can look at any account without signing anything.
Want to see it first with no wallet and no funds? The [testnet playground](https://playground.lumenwipe.com) creates a messy account and walks you through closing it end to end.
# Links
* **Web App:** [https://www.lumenwipe.com](https://www.lumenwipe.com)
* **Phase 2 write-up:** [https://www.lumenwipe.com/blog/phase-2-launch](https://www.lumenwipe.com/blog/phase-2-launch)
* **GitHub (Apache 2.0):** [https://github.com/LumenWipe/lumenwipe](https://github.com/LumenWipe/lumenwipe)
* **Documentation:** [https://docs.lumenwipe.com](https://docs.lumenwipe.com)
Building a wallet or app and want account offboarding built in? Reach us:
* **Telegram:** [@miguelnietoa](https://t.me/miguelnietoa) | [@salazarsebas](https://t.me/salazarsebas)
* **Discord:** @miguelnietoa | @salazarsebas\_cr
Feedback and suggestions are always welcome!

Lapsecoin: fun new project.
Just stacking. I’ve stacked quite a few of little ones actually. Some listed, some not. But I need a much larger amount of belief to actually buy. Some I’ve bought: BTC, XLM, ETH, SOL