Privacy on rhino.fi
rhino.fi uses a Validium approach to Layer-2 scaling. This means that rhino.fi trade data is held off-chain and a Data Availability Committee is used. The DAC has three main jobs: Protect user trading privacy by allowing balance updates and trades to be hidden from other users and from on-chain data. Check the balances state and, if valid, sign to allow the Merkel root of the statFew readersrhino.fi: Learn how OTC trading works
Learn how OTC trading works After discussing with the community, we’ve decided to launch rhino.fi OTC feature to make your trading experience more seamless and flexible than ever. The new feature, now available on rhino.fi, unlocks a whole new way to trade tokens, reducing the potential for slippage while giving you additional flexibility when working with the exchange. Orders created via rhino.fi OTC are not shared on the regular exchange order book. Instead, rhino.fi OTC generates a uniqFew readersrhino.fi Why do I need to 'deposit' tokens?
Why do I need to 'deposit' tokens? The rhino.fi trading platform has been designed to optimise for speed, privacy, certainty of execution and cost efficiency. Once a trade is matched on rhino.fi, it is executed instantly, your balance is updated and your new funds are available to trade right away. However, rhino.fi never has custody of your funds or those of the other traders whose orders are on the order book. So how can one be certain that all parties will honour their orderFew readersrhino.fi: TWAP (Time Weighted Average Price)
TWAP (Time Weighted Average Price) A time-weighted average price order (TWAP) allows you to execute a large order over a period of time by splitting it into a series of small trades placed at regular intervals. The app.rhino.fi.com screen must be kept open in order for the TWAP to run. Moving to another tab in your browser will not prevent the order from being executed, but closing the tab or browser will prevent order execution. So it is important to keep your browser open and running!Few readersrhino.fi: 90% Fill Market Buy Orders
90% Fill Market Buy Orders Why Are Market Buy Orders Only Being 90% Filled? In some cases, rhino.fi only executes approximately 90% of your market buy order. This article will explain why this happens, and outline two of the potential remedies that the rhino.fi team is exploring. Background Traders on self-custodial Ethereum exchanges (including rhino.fi) sign each order that they place with their Ethereum key (on our exchange this links to the trader’s unique rhino.fFew readersrhino.fi: Order Types
Order Types There are currently two order types available to users of rhino.fi: Limit Order and Simple Order. Limit Order The Trader specifies the exact price and quantity they to buy or sell at. The order is then only successful if that specific price is met. Example: Imagine you have 10 ETH and you want to sell all of them. The current market price for ETH is $300 but you do not want to sell your tokens for less than $320. Using a limit order, you would set the price to $320Few readersCross-Chain Swap Into Stablecoins
Cross-Chain Swap Into Stablecoins In order to take advantage of rhino.fi's frictionless one-click swapping, you need to either start with Stablecoins on rhino.fi. or swap into a Stablecoin on rhino.fi USDC USDT The reason for one leg of your swap needing to be either USDT or USDC is because behind the scenes rhino.fi makes use of stablecoin bridging. To give you the best possible experience & zero slippage on the stablecoin-to-stablecoin portion of the cross-chain bridging transacting,Few readersrhino.fi: Order Time In Force (TIF)
Order Time In Force (TIF) The time in force (TIF) for orders placed via the rhino.fi UI is 720 hours (30 days). The TIF is not updated if an order is partially filled - i.e. the original TIF remains in place. The TIF can be changed to a value other than 30 days if you are trading via the API.Few readersLiquidity Issues
Liquidity Error Messages Not Enough Liquidity or Failed To Quote error messages if you see an error message that details there is not enough liquidity for a given trade then this could be for one of a few different reasons Your trade size is too large for the available liquidity available in the market The market has a temporary liquidity problem, such as it is undergoing maintenance If the market is sourcing liquidity from on-chain, then external liquidity providers may haFew readersCross-chain Swap Wait Message
Cross-chain Swap Wait Message Swapping or investing tokens on different blockchains & Layer 2 chains is super-fast and frictionless on rhino.fi Your transaction executes within a few seconds, but in order to provide some protection against something called 'chain re-orgs' you need to wait approximately 2 minutes before you make another blockchain transaction. You can track the progress of your transactions in your history or portfolio section on rhino.fi While cross-chain transactions areFew readersSunsetting Yield Opportunities
Important Update: Sunsetting Our Yield Opportunities Dear rhinos, We have an important update regarding the yield opportunities on our platform. After careful consideration, we have decided to sunset all current yield opportunities to focus our resources on building and developing rhino for the future. For stablecoin holders, we’ll be sharing some exciting updates soon. Which Yield Opportunities Are Affected? The following yield opportunities will be sunset: cUSDTFew readers