🤝Add a Trustline with Lobstr

How to add a Trustline for StellarCANNACOIN on Lobstr

WHAT IS A TRUSTLINE?

according to the official Stellar lumens documentation (available here) :

Before an account can hold an asset another account issues, it has to establish something called a trustline, which is a persistent account-level ledger entry created with a change_trust operation.

A trustline is an explicit opt-in to hold a particular token, so it specifies both asset code and issuer. Each trustline increases an account’s minimum lumen balance by one base reserve — currently 0.5 XLM — and tracks the balance of the asset the account holds. Trustlines can also limit the amount of an asset an account can hold, though more often than not, account holders don’t set that limit: they simply turn the trustline on, which by default allows the maximum.

ADD A TRUSTLINE WITH STELLAR CANNACOIN

Starting from the LOBSTR Dashboard, click on "Assets" in the left column (fig. 09).

In the next screen enter Asset Code or Home Domain

These are the data to insert to add Stellar CANNACOIN:

  • ISSUER : GBLJ4223KUWIMV7RAPQKBA7YGR4I7H2BIV4KIMMXMQWYQBOZ6HLZR3RQ

  • HOME DOMAIN : www.stellarcannacoin.org

  • ASSET CODE : CANNACOIN

it is only necessary to insert one of the data listed above (a) and then click on the "Add" button (b) (fig. 09a)

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