Self-custody on rhino.fi
rhino.fi is a self-custodial DeFi platform. This means that the funds you see and hold on the platform remain completely under your control, always. Your funds cannot be moved or sold without your permission, and you can always recover your funds even if, for some reason, our website were to stop operating. This provides a level of security and transparency that wouldn’t be possible on a centralised cryptocurrency exchange. Core design The platform has been built in collaboration with StSome readersCross-chain swaps on rhino.fi
Cross-chain swaps enable rhino.fi users to swap stablecoins into any of our supported tokens on other chains, and then back into stables (currently, one of the tokens in the transaction always has to be a stablecoin). We support over 600 tokens, across four different chains: Ethereum (our native chain), BSC, Polygon and Arbitrum. To execute a cross-chain swap, users must go to or from rhino.fi: they can’t swap between two of our supported chains without going through our platform. Key terminFew readersFees on rhino.fi
rhino.fi strives to give users a simpler, cheaper trading experience by enabling them to bypass the main Ethereum blockchain, which can be extremely congested, and save the high gas (or transaction) fees it can charge during peak times. However, rhino.fi does charge a certain fee for each of its core functions. In this post, we will explain the fee structure for each of the key services we offer. Same-chain swap fees For same-chain swaps, the maximum fee is around 0.3% per swap, chargeFew readersBridges on rhino.fi
Bridges on rhino.fi Bridges allow rhino.fi users to move their funds between ecosystems and explore a range of opportunities around DeFi. They complement our cross-chain swap feature by allowing users to port the same assets between different blockchains, rather than swapping one chain-specific asset for another. In this post, we explain how our bridges work in detail. Core technology Rhino.fi’s bridges are collateralised, using liquidity outposts we’ve established on different chainFew readersrhino.fi and StarkEx
rhino.fi is built on StarkEx, a scalability rollup created by our partner, StarkWare, on Layer 2 of the Ethereum blockchain, designed to validate transactions using zero-knowledge technology. The use of StarkEx is fundamental to our decentralised trading model, enabling us to provide fast, low-cost and self-custodial transactions. Here we explain how StarkEx shapes the trading experience on rhino.fi, and how it impacts everyday users. StarkEx model StarkEx is a SaaS product designed toFew readersrhino.fi Transparency Guides: Yield
This article deals with yield, a crucial part of rhino.fi’s evolution as a multi-chain DeFi aggregator and a key facet of our cross-chain technology. Summary Yield opportunities enable our users to access passive as well as active income opportunities and find sanctuaries in crypto’s bear market. We offer both cross-chain and native Ethereum yield opportunities, which are carefully curated to weed out spammy and unsustainable offers. Users can currently pursue yield opportunities onFew readers