Go to website
Explore our frequently asked questions (FAQ) section and find answers to common queries about using DeversiFi.
rhino.fi: What is the purpose of the Data Availability Committee?
What is the purpose of the Data Availability Committee? Why is the Data Availability Committee needed? Privacy is key to trading. In addition to being slow, existing decentralised exchanges make all trades visible, even though professional traders want to protect their trading activity, and proprietary trading strategies, from competitors and public view. Privacy will be a key requirement for decentralised exchanges to gain traction with this audience moving forward. In ord
Unlocking Legacy Tokens
Unlocking Legacy Tokens Legacy Wrappers From time to time, due to a variety of factors from site protection to upgrades, we need to update our contracts. While extremely rare, this would mean users may have funds in legacy contracts. To access legacy balances for further trading, users are required to unlock them from these legacy wrappers and re-lock them in the live version. The process involves interacting with the legacy wrapper via Etherscan in order to unlock your tokens:
How to withdraw/retrieve funds if you lose your rhino.fi trading key that is registered to your MetaMask account?
How to Withdraw Your Tokens if You Lose Your rhino.fi Trading Key (Non-Migrated Accounts Created Before May 2021) Do not worry if you have lost your rhino.fi Trading Key, your funds are recoverable as rhino.fi is what is known as a Layer 2 exchange built on zero-knowledge rollup (Validium) technology. Your funds are safe. The good news is that since May 2021, rhino.fi has switched to a new way of handling trading keys which means you do not need to back up your rhino.fi trading key, as
rhino.fi: Prohibited Jurisdictions
Prohibited Jurisdictions The use of rhino.fi trading and OTC features are unfortunately prohibited for all users (individual and corporate) resident in certain jurisdictions. For more information, please refer to our Terms of Service or contact support. US users: rhino.fi's trading and OTC features are not available to US individuals and corporations.
What is Public Key Encryption?
Public key encryption, or public key cryptography, is a method of encrypting data with two different keys and making one of the keys (the public key) available for anyone to use. The other key is known as the private key. Data encrypted with the public key can only be decrypted with the private key, and data encrypted with the private key can only be decrypted with the public key.
rhino.fi: What is Ethereum?
What is Ethereum? Ethereum is a decentralised platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. These apps (also known as Dapps) run on a custom-built blockchain - an enormously powerful globally shared infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move fun
What are the contract address of DVF and xDVF?
What are the contract address of DVF and xDVF? The DVF and xDVF contract addresses are as as follows: DVF - 0xdddddd4301a082e62e84e43f474f044423921918 xDVF (Staked DVF) - 0xdddd0e38d30dd29c683033fa0132f868597763ab
How to Earn DeFi Yield On rhino.fi
When you use the Invest section on rhino.fi, you are purchasing liquidity provider tokens which represent lending positions in various DeFi protocols. For example, when you supply USDT to the cUSDT product in the Invest section on app.rhino.fi, you are effectively lending your USDT to the Compound Finance protocol on Ethereum. In return for lending your USDT, you receive cUSDT tokens in your rhino.fi account. The way this works in practice is that rhino.fi Labs, operator of the rhino.fi plat
_Please note that the aUST opportunity on DeversiFI has been removed. The old Knowledge Base article which was last updated on the 11th April 2022 can be found below _ AnchorUST (AUST) Please review the risk warning at the bottom of this article and please do your own research before using the DeversiFi AUST Invest product AUST Overview The AUST token is the yield earning liquidity provider token of the Anchor protocol. The Anchor protocol allows users to supply Terra stablecoins (US
Connecting Ledger to rhino.fi Troubleshooting
Ledger <> rhino.fi Connectivity Troubleshooting Sometimes when connecting your Ledger directly to rhino.fi (not via MetaMask), your Ledger can either be stuck 'pending,' fail to display any prompts to sign transactions or generally be buggy (for example, the rhino.fi app may not be displaying your funds). If you are having problems when connecting your Ledger to rhino.fi then nine times out of 10, any combination of the following will likely solve your issue. **1) Software Version Chec
What Is the Most Secure Way to Connect To rhino.fi?
What Is the Most Secure Way to Connect To rhino.fi? This article is meant as an overview of the technology, and should not be considered an endorsement of any individual wallet, or taken as any sort of crypto/wallet security advice. Please be sure to conduct your own research and make sure that you are comfortable holding custody of your own assets in the wallet of your choice before using rhino.fi, as well as making sure you understand how rhino.fi operates on layer 2. You can connect to r
How to View Your rhino.fi Token Balances On Zapper
How to View Your rhino.fi Token Balances On Zapper The below video guide shows you how to make your rhino.fi token balances (and trading activity if you wish) public and therefore visible on the Zapper portfolio tracker dashboard. You simply need to navigate to the API section in your Account on app.rhino.fi and toggle the privacy settings on. You can make your rhino.fi balances and/or trading activity private again by turning the toggles to the off position.
rhino.fi Reward Programmes
Read about our Rewards Programme on our blog
Why is My Wallet Quoting An Incredibly High Gas Price To Deposit?
What to do if your Metamask or Ledger is quoting a very high gas price when you try and deposit to rhino.fi. TLDR - Nine times out of 10, you do not have enough ETH in your on-chain wallet, even if the eventual gas cost of the deposit is much lower. When you deposit to rhino.fi you are interacting with a smart contract, not just making a simple token transfer to another address. Wallets are notoriously bad at estimating the gas cost of interacting with a smart contract, so they alwa
rhino.fi AMM Liquidity Provider Rewards
For more information on the rhino.fi AMM Liquidity Provider liquidity mining programme, please see the following blog post.
Staked MATIC (stMATIC)
Staked MATIC (stMATIC) Please review the risk warning at the bottom of this article and please do your own research before using the rhino.fi stMATIC Invest product. Staked MATIC Overview The Polygon Network (POS) operates what is known as a proof-of-stake consensus mechanism to secure its Ethereum side-chain. Anyone who has MATIC tokens can stake those tokens to run validators, which in turn process network transactions in return fo
How to fix an ETH STARKKEY NOT MATCHED error
ETH STARKKEY NOT MATCHED You can resolve an ETH STARKKEY NOT MATCHED error using the following steps: Note, these steps are for accounts that registered on rhino.fi after May 2021. if you first connected & used your address with rhino.fi prior to May 2021 then it is best to reach out to rhino.fi customer support so that the support team can check to make sure the following steps will still work for your account. Clear your browser cache Close your browser entirely (completely exit
Staked ETH (stETH)
Staked ETH (stETH) Please review the risk warning at the bottom of this article and please do your own research before using the rhino.fi stETH Invest product Staked ETH Overview Ethereum is moving towards a proof-of-stake consensus mechanism called Ethereum 2.0, where anyone can use their ETH to help run network validators that earn a share of inflation rewards. ETH stakes will also earn a share of Ethereum network transaction fees after an event called [The Merge](https://ethereum.o
Leveraged Staked ETH (icETH)
Leveraged Staked ETH (icETH) Please review the risk warning at the bottom of this article and carry out your own research before investing icETH via the rhino.fi platform. icETH Overview Index Compounding ETH (icETH) is an Index Coop product that aims to provide exposure to a leveraged long liquid-staked ETH position, which targets a leverage ratio of a 3.1 multiple of the standard underlying staked ETH yield. https://indexcoop.com/blog/introducing-the-interest-compounding-eth-index
aUST Market Temporarily Disabled
Supplying and removing USDT to/from the AUST opportunity on the rhino.fi Invest section is currently temporarily disabled due to the UST peg deviation. If you would like to trade aUST elsewhere, you can initiate a regular withdrawal of aUST from rhino.fi to the Ethereum network by changing the option in the rhino.fi withdrawal widget in the 'advanced options' section. For more information regarding the UST peg situation, see the Terra Twitter feed: https://twitter.com/terra_money The AUST
USDT yVault (Yearn Stargate Ethereum USDT)
USDT yVault (Yearn Stargate Ethereum USDT) Please review the risk warning at the bottom of this article and please do your own research before using the rhino.fi USDT yVault opportunity. Yearn Stargate Ethereum USDT Overview When you supply your USDT to the USDT yVault opportunity on rhino.fi, you are supplying your USDT to the Yearn Finance USDT yVault strategy on Ethereum mainnet. This strategy supplies US