Rhinofi Overview
- What is Rhinofi?
Rhino Fi positions itself as a layer 2 bridge and aggregator designed to simplify and enhance the way users interact with decentralized finance (DeFi) across multiple blockchains. It allows users to easily bridge tokens between non-EVM networks and all major L2s. Users can also easily switch tokens between several blockchains without worrying about gas tokens or separate wallets.
- Main Features
- Seamless Cross-Chain SwappingOne-Click Cross-Chain TransactionsSelf-Custodial BridgeMultiple Wallet IntegrationPortfolio Management
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Frequently asked questions
Yield is earned by lending assets to liquidity pools. Rhino.fi offers a variety of liquidity pools to choose from. Users will get a counterpart token representing their lending position, which they can use to redeem back their assets.
Swapping: Same-chain swaps: Maximum fee of 0.3% per swap. Multi-hop swaps (swaps involving multiple blockchains): Maximum fee of 0.6% per swap.
Deposits: Free (But users might still pay gas fees to the underlying layer 1 blockchain depending on the network)
Withdrawals: Fees vary depending on the type of withdrawal and the amount being withdrawn. (This likely refers to gas fees associated with the destination blockchain)
Yield: Staking or providing liquidity on the same network does not have a fee. However cross-chain staking has USD-based fee for gas. Unstaking will require a fee.
You can join their discord server to seek assistance from the team or even community members. They also have a widget on the bottom of the screen to start a chat with the support team.
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