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Voice Discord Session with rhino.fi

February 17, 2023 / 3:00 pm

Satoshi Club, rhino.fi
200$ prize

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Subscribe @satoshiclub
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Timeline

Part 1

$50/5 users – We’ll select 5 questions from the community. A user can post maximum 3 questions. 5 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2

$50 /5 users – Open chat for 120 seconds. You can post Max 3 questions. rhino.fi Team will select 5 questions and answer them.

Part 3

$100 – A quiz about rhino.fi

Rules

Total Reward pool

200$

Requirements
For more details

266 Comments

  1. Hello Rhino.fi team
    It’s really interesting to know that Rhino.fi allows users to deposit from multiple networks or even fiat. The multiple networks that I saw are Ethereum, Polygon, BNB Chain, and Arbitrum. I guess Arbitrum is the newest chain that you just added to your ecosystem. So, Could you tell us the reason why you chose Arbitrum instead of other chains to your platform ? Do you have a plan to add another new chain in the future ? About the deposit with fiat, Could you tell us the guide how to deposit with fiat currency ? Which fiat currency is allowed to deposit into your platform ?
    Thank you

  2. Hello Rhino.fi team
    I’m quite amazed with Rhino.fi cross chain features, such as bridge and cross chain swap that allows users to swap any token on different chain with no gas fee. But sometimes, Bridge and Cross chain swap feature still have a lot of bugs and the amount we receive from swap is not equal from what it should be and sometimes, bridging assets transaction get stuck in the middle of the process. So, How can you assure us that all transaction processes that involving different chains can run smoothly without bug in Rhino.fi ? Have you done any testnet about cross chain swap and bridging assets before ?
    Thank you

    • Please could you introduce your team to us.We know that having a working team is essential to the existence of a crypto currency.And how have your team worked through the time of the development of rhino.fi project?

    • Greetings rihnofi Team!

      I noticed that Rhinofi Pry themselves as the world’s best DeFi aggregator. Well i believe there have to be a reasonable explanation for you to make such a bold statement, so can you kindly explain what makes you the best Defi Aggregator out there? What sort of services and opportunities does rhinofi present to its users that sets them apart from other DeFi aggregators out there? However, we all know that the potential downside of using a DeFi aggregator is the gas fees. Usually, gas fees are higher on aggregators compared to using the individual protocol. So in this note, could you kindly explain how your platform would tackle the issue of high gas fees for its users.
      Thanks.

      • Good day everyone, Seeing as your project is a multi blockchain project, how many Blockchains does it support presently and does it have a view of supporting more Blockchains in the future?

  3. What types of tokens and NFTs may we earn from the weekly leaderboard, please? What qualifications must one meet in order to compete in the competition? Do you mandate that all players pass KYC in order to take part in the competition?

  4. I went through the overview of your project and i can say there’s something new that rhino.fi have to add in the DeFi world.
    You said that your DeFi project is multi-chain meaning users and investors using differnt blockchains can access your platform with their investments so if am to ask, how many blockchains does your platform support at the moment ?
    Bridging is something many newbies in crypto find it dificult to do
    How does your project simply the process of bridging ?
    You said to have your governance token, where and how can we trade your governance token ?
    Thank you

  5. Hi rhino.fi

    In the crypto sphere, these days one thing people are very conscious of is security,
    What’s your security infrastructure?
    In case of hacks and other cyber attacks what plan do you have un place to prevent or counter such scenarios ?
    You have some plausable plans about securing your users assets , but do you have any audit at the moment ,? Be it internal or external audit that will give your prospective clients like us confidence in your project ?

    Thank you

  6. Hi greetings rhino.fi

    One major part of any project is the community,
    How’s your community growth at this point ?
    What plans do you have in place to actively grow your community ?
    Any incentive or weekly or fortnight rewards system that draws in users to any of your community?
    Do you have any ambassador program at the moment ?

    Thank you

  7. Please can you talk on the DVF Reward or earning yield with DVF. You mentioned that there are two main mechanisms for earning interest/yield that involves DVF token, which are 1. DVF as a protocol fee sharing mechanism and 2.DVF as a reward for providing automated Market Maker (AMM) liquidity. Can you explain how these two mechanisms works? How can users earn reward or yield with this two mechanisms? What are the % yield that users can earn with each process? Does one have to stake DVF in order to earn reward in any of these mechanisms, if yes can you explain all your staking protocols?

  8. I find your governance feature quite interesting. You mentioned that your governance comprises of four main stakeholders, the operator rhino.fi labs(that’s the team), automated Market Maker liquidity providers, everyday rhino.fi users and DVF holders. And as part of the governance committee, we can vote on both the big stuffs and the small stuffs. And I find out that to participate in your governance, all we need to do is stake your DVF for it’s staked counterpart xDVF. So with regards to this governance, will there be any minimum required DVF to be staked to make certain proposals and to be part of the stakeholders? How will governance rights be distributed among the stakeholders? Who are to vote or make proposals of the big stuff and the small stuffs regarding the project, does it depends on how much DVF one stake?

  9. I notice that you initially started with the name “DeversiFi” but along the line you relaunch with the name “RhinoFi”.Why was there any change of name of your project?Before the relaunch of RhinoFi,you wanted to stay committed to DeFi and maximized its benefits, Ethereum or otherwise.Where you able to reach that goal before the rebranding?And why did you decide to change from being a trading exchange back when you were called “DeversiFi” and become a gateway to all of DeFi? Please explain Thanks

  10. In the crypto world there many DeFi Aggregator that users consider as the best,we have the likes of Zapper,Plasma Finance and many more. So in a short summary why do you consider RhinoFi as the best when compare to others?And how many protocol can you track making it easier for users to find tokens that aren’t popular?Does RhinoFi sources liquidity from major decentralized exchanges giving users a single-transaction access to liquidity pools and even automated strategies?Do you already have a Dashboard that displays the available features and operations you have for easier navigation? Please explain Thanks.

  11. Hello Rhino.fi Team

    Rhino.fi boasts about being the world’s best DeFi aggregator. How can user’s grab the Rhino by the horn; is the Rhino’s self custodial DeFi wallet sufficient in allowing users explore, perhaps leverage the best DeFi opportunities? What is Rhino’s extent of being self-custodial? Can users keep full privacy and control of their funds no matter the location they are based? Furthermore, how does the platform handle the issues associated with liquidity; how would Rhino.fi provide a deep liquidity in protecting users from slippage and also bring the best price on every single transaction being initiated?

  12. Hello Rhino.fi Team

    I noticed that the platform has made provision for investments (Yield Bearing Opportunities). Can you briefly highlight the investment types provided by Rhino.fi and how these investments can secure a reliable passive income in the long term? Can you highlight some key advantages that Rhino.fi’s investment opportunity offers over numerous other platforms out there? Lastly, what is the extent of your platform’s decentralization; to get started, what info would a user have to submit and to what third party organisations may these info be disclosed to?

  13. Hello Rhino.fi team

    I clearly understand that rhino.fi’s native token, DVF, gives power back to the community and as well as trading the token on the platform, it can be used to shape the key governance decisions around the project. In this regard, can you fully elaborate on how the platform’s governance is structured and how voting power will be distributed fairly; what is the threshold of tokens that a user must hold to participate in the governance process? Also, how do you aim to limit the effect of whales in the governance process, thereby providing a healthy governance system which is fair to all. Lastly, with what strategies and mechanisms were the DVF tokens built in ensuring long term credibility?

  14. Hello, rhino.fi welcome to one of the best crypto community.
    From your website blog is found out that the rhino.fi lets you glide between chains without complex bridges or network switches. And we’re totally self-custodial, so no matter where you go, you’ll keep full privacy and control of your funds. Well you have not mention anything about transaction fee. We want to know if you charge transactions fee when a transaction is initiated on your wallet.

  15. Hello rhino.fi welcome to satoshi club.
    I saw that your logo is almost similar to a bull. Please what is the relationship of your project with a bull or what does the logo signifies?

  16. Hello rhino.fi i found out that by holding $DVF, you can vote on both the big stuff and the small stuff: how our smart contracts work, how we allocate our fees and how our governance process will evolve over time. You can also propose your own updates to the community, and trigger votes. So please i want to know the quantity of $DVF i will hold to enable me to vote and also how do I get to vote?

  17. Hello rhino, I saw that you created DVF back when you were called DeversiFi. But later change your name, but you still kept the token, so holders can work with us to build a unified cross-chain future. Please what is the reason behind your change of name and why did you not make it effective on the token?

    • GOOD DAY!!!
      HELLO TEAM RHINO!!🥰🥳

      My question is how do you ensure to that server is smooth when a huge player arrived on the game? how can we assure that there are no lags and no problems when taking profit ??

  18. I saw on your website that you use DVF to reward your supporters and share control over our project.
    Please how do you tend to reward your supporters. Is it in terms of giveaways or airdrops. Also can we participate?

  19. hello rhino.fi I have a very short question for you. I saw that i can Earn $DVF via liquidity mining on 18 different AMM pools and tokens when they initially go live. Please when do you intend for it to go live and how can we know about it? Can you help us with your most active social media handles?

  20. I read that crypto investors’ interest in Defi projects increased after major CEXs like FTX went bankrupt. How did the FTX incident affect your project? Do you take the necessary precautions to avoid a problem similar to FTX? What are you doing to minimize the risk of lack of liquidity?

  21. I want to make sure that when I link my wallet to an app, I won’t have any security issues. When I stake my coins, I want to make sure that my coins are not lost or have a problem when I want to get them back. What are your precautions against security problems? Do you have a partnership in the field of security? Most importantly, if investors lose their coins/tokens for any reason, is there an insurance fund to make up for their losses?

  22. Rhino.fi is a frictionless Layer2 gateway to multi-chain DeFi. A very interesting concept for many traders and operators. But, with your technology, how have you managed to overcome the interoperability or slippage issues between chains to provide a simple and accessible interface for experts and beginners? Why is Layer 2 technology the one they have decided to use to create this new and audacious blockchain interface? Thank you!

  23. The concept of ” self-custodial” is one of the most important assumptions that Rhino.fi has, which is very appealing. My question is, how have you managed to make this system really efficient with all the chains and operations that Rhino.fi handles? Is it possible to apply a high level of security to each operation without the risk of any margin of loss? Thank you!

  24. One of the most interesting features of Rhino.fi is that it offers multi-chain exchanges from one place, but can you tell us how many chains the platform currently supports? I would also like to know how much are the commissions, it is very common that these transactions are expensive, even more if they are made with Ethreum, have you managed to optimize this somehow? Are they at least somewhat cheaper than other similar platforms?

  25. One of the Key Feature of Rhino.fi is the SWAP. In Rhino.fi, users can swap cross chain or native Ethereum Tokens in a matter of seconds. Can you elaborate more on your SWap system? How many Blockchain Does Rhino.fi SWAP supports? Can you also Explain on your Deep Liquidity and how it works to successfully Protect Slippage and also Bring out Best Price in each Transactions.? Lastly, how can users access this SWAP feature?

  26. Hello Rhino.fi Team,
    Talking about Investments, I see that user can invest in Yield Bearing Opportunities and secure Reliable passive income for long term in Rhino.fi. Can you explain more on Yield Bearing Opportunities in Rhino.fi? On which Blockchain is this Yield Bearing Opportunities Hosted? What are the requirements for users to participating in this Yield Opportunity in terms of fees and other scopes? What is the Maximum and Minimum Term for this investment?

  27. In Rhino.fi, I understand that users can instantly Trade at current prices and also set limit order for future price shifts. What are some of the distinct Features which Rhino.fi offers to users as regards to Trading.? I also see that users can Build their own APIs to automate their strategies in Rhino.fi, can you share more information on how users can build their APIs in Rhino? What is the Maximum Number of APIs in which users can build? Can this Strategy which users build be shared with other Users within Rhino.fi Trading system.?

  28. I saw that provide liquidity to yours automated market maker(AMM), or stake your tokens will get rewarded. I couldn’t find more details on how any of this is done so I have two questions here. So on the staking aspect, Can you please tell us how your conduct stakings? How can we stake, What will be the the rewards and apy for staking, and how long does your staking duration last. Then secondly concerning providing liquidity to Automated market maker to earn rewards, how can we provide liquidity can you please give us a guide thank you.

  29. I discovered that you just launched your first cross chain which is charged to arbitrum. Can you please tell us why you choose arbitrum for the launch of your cross chain instead of other blockchains. I also saw that 10 lucky users who join your arbitrum cross chain charge, will share $100 each. Can you please provide details about this as I couldn’t find more details. How can we participate on your cross chain charge, what are the necessary procedures which we must follow in order to be eligible to participate? And also, in what way will you reward members, Would it be in your tokens or usdt?

  30. I seen that Rhino just launched Rhino referrals, And I am interesting about this event, can you please give us more detail about the Rhino Referral Scheme? How can we refer our friends in Rhino platform? What are the ways of participating in referral scheme? Does it open only for new users of Rhino? Do you allow self-referral?

  31. I understand that rhino.fi is formerly name DeversiFi. And DeversiFi, is a multi-chain, self-custodial DeFi platform hosted on layer 2, on top of the Ethereum blockchain. But, I’m just curious about the rebranding of your project name, what is the reason behind the rebranding? Is there any more changes in your platform aside from rebranding? And why did you choose Ethereum blockchain? Are you aware the high gas fee in Ethereum? And what will you provide to users of rhino.fi from the congestion of the Ethereum mainnet and frees them from the punishing gas (transaction) fees?

  32. Good day,

    I recognize that Rhino.fi pays attention to security. I see that you have a Bug Bounty program in place and this will definitely help strengthen the platform’s security. I’d like to know more about the bug bounty program: Can you give details on the eligibility criteria to participate in the bug bounty program? Can you give details on the severity of bugs reported and the associated rewards? How does the platform determine the classification of any issues reported, what mechanisms is in charge of this? What factors are being put into consideration when classifying the severity of issues reported? Can you give a sneak peek on bounty rewards for issues/threats ranging from low to high or even critical? Thanks

  33. Good day,

    As a crypto trader, the trade feature provided by Rhino.fi caught my attention and as such, I’d be glad if you can shed more light on this trade feature: Is Rhino.fi’s trading features sufficient in allowing users trade instantly at current prices, perhaps set limit orders for feature time shifts? I understand that the platform offer both AMM and order-book; is it possible to automate my strategies by building my own API’s? Does the platform support bot-trading? what risk minimizing strategies/programs does the platform have in place to protect traders from the downside of the crypto market??

  34. Good day,

    In short, Rhino.fi was described as the “world’s best multi-chain DeFi aggregator”; From one self custodial layer 2 wallet, users can swap, trade, earn and invest. Considering the quoted phrase above, can you explain the reasons as to why Rhino.fi should be considered best amongst other aggregators, for ex Portals.fi, Origin Dollar etc? Being a multi-chain aggregator, can you list out the chains supported by Rhino.fi and also the platform’s plan of expanding for compatibility with even more chains? Are the fees on Rhino.fi more reasonable as compared to other similar platforms? Give us an hint on fees being charged for trades, swaps and investments; what factors could alter these fees?

  35. I like that Rhino fi accepts deposits for fiat
    But what Innovation are there for cash restrictive countries like Cuba who can’t earn foreign exchange and depend on BlockChain?

  36. Hello Rhino.fi team ,going through your blog I saw a section that Indicates we’ll be able to stake some tokens soon and one of the tokens I saw was DAI meanwhile DAI is not yield bearing ..DAI is algorithmic and doesn’t go well for staking
    Could you tell us why you added DAI to the tokens we’ll be able to stake (invest) meanwhile being aware of what Happened to UST last year

  37. We understand that Ethereum provides Scalability in the aspect of the BlockChain Trilemma requirements creating multi chain innovations 🤔
    The Question now is how does Rhino.in intend to build its assets and make profits for investors?
    Are the backed by physical Quantities
    What are their proof of reserve, to help prevent what happened in Luna,FTX turning BlockChain solutions to Ponzi, this should not repeat itself. How does Rhino.fi assures interested investors of their diligence and security? 👍🏼

  38. The total supply of the DVF is $2 million
    I’d like to know ..is $2 million really enough?🤔
    Because most DeFi projects like this make sure the total amount of the project’s coin in circulation is higher than the coins staked and used by the clients so as to create am healthy protocol
    Will the $2 million supply be enough or more will still be added?

  39. Hello team Rhino🥰🥳

    Do you have any important goals in mind that you want to accomplish? Could you please post a photo of having a good road map?

  40. Hello!!
    Team rhino fi?🎉

    A project not only brings interesting to solve the problem of the market but also has a strong community and attracts larger partners? So how does your project plan to build its community?

  41. Hello!!!

    A project not only brings interesting to solve the problem of the market but also has a strong community and attracts larger partners? So how does your project plan to build its community?

  42. While doing my research of your project I realized that the project name was initially DeversiFi before it was renamed to RhinoFi. What was the reason behind the name change? Does the name RhinoFi have any significance in terms of activity and ecosystem development? What new features have been added to the ecosystem since the name change? What are some of the technical and economic challenges that the team is currently facing and how are you planning to overcome the challenges?

  43. I understand that RhinoFi is the world best Defi aggregator where users can trade, swap, invest and earn. Does RhinoFi use the automated market maker model? Can users mine on your protocol? What are the gas fees like on your protocol?
    Can you explain what makes RhinoFi different from bridges and how it is better than bridges ? Is it faster or more secure?
    Will you be releasing a mobile application or will it be a dApp on the web?

  44. I read that RhinoFi uses Validium to address privacy and security concerns. Can you explain the operating mechanism behind Validium? Why did you decide to use Validium as the security protocol? Asides from Validium are there any other security measures to prevent hacks and breaches in the ecosystem? Any audits from a security company?

  45. Hello rhino.fi
    I saw from your website that you were once known as DeversiFi before you rebranded as Rhino.fi, my question is why did you rebrand from the original DeversiFi to the Rhino.fi, what were the objectives of the rebranding and its effect to your project, I see that your token name is still $DVF which is still a derivative of the old franchise DeversiFi, so are you going to at any point rebrand the token from $DVF as well or are you going to sustain the $DVF token?
    Thank you

  46. Hello rhino team.
    I want to talk about your project’s security and details. Going through your website I couldn’t see any report of an audit. So I want to ask have you been audited? If yes who are your auditors? And can you give us a sneak peak at the details of the audit?
    Secondly I also couldn’t get access to your white paper to get more details about your project, can you share with us where to get your white paper and more informations?

  47. Good day rhino team
    I find myself confused on the idea of your project. I read that it is like an exchange that users can use to transact with features available commonly on centralised Exchanges and then I read that it is also a custodial wallet. So I want to know what sort of exchange is the rhino.fi? Is it a CEX OR DEX? What are the prominent features offered by rhino.fi that is not found in other similar platforms that will keep it atop it’s game?
    Thank you

  48. Hello Rhino fi Team
    Is Fantastic to know that from your article i read that the purpose of the DLM was to allow early supporters of DeversiFi to purchase DVF tokens ahead of the start of several DeversiFi product launches & liquidity mining, AMM liquidity provision and initial price discovery – aka the official DVF launch and that RLM help determine the market price of a new token that is not already trading or circulating..
    My question is what is the difference between RLM and DVF RLM.?? And what is really specially about the name Rhino fi that you had to change from the former name (DEVERSIFI).??

  49. Hello Rhino team welcome to satoshi club

    I see that according to your website rhino.fi lets you glide between chains without complex bridges or network switches. And we’re totally self-custodial, so no matter where you go, you’ll keep full privacy and control of your funds.

    How are able to that even though DeFi itself is not fully decentralized in some aspect???

  50. Hello rhino team welcome to satoshi club discord glad to have you here

    So I see according to your website that you are making use of the ethereum blockchain so my question is why did you choose the ethereum blockchain despite it having high gas fee how will small investors be able to cope???

  51. Hello,
    Defi platforms have always been confusing to me. However, I saw that you have a user-friendly interface. It is very nice of you to categorize the coins. Please explain, can I stake with any amount I want? Is there a minimum or maximum amount limit? Can I leave the stake whenever I want? How often is my income distributed? Do you have a mechanism in the pools to prevent temporary loss of income?
    Thanks.

  52. To unlock the power of governance one have to stake $DVF for $XDVF . The governorship gives the power to partake in small and big issues on your platform. My question is what are the different stake pools available? What’s the minimum amount to stake for each pool? Inorder to make big decision do one need to stake a bigger amount of $DVF?

  53. As regards your staking pools, what’s the minimum period of time to have my token locked up ? Is there a provision to unstake at will to cut losses ? How safe are your staking pools have you been audited?what do you do in the case of Rugpull?

  54. Hello Rhino☺

    How sure are you that with the launching of DVF that Ethereum will happen.???

    How can you distribute the control of rhino.fi your native token.??

    Thank You.!

  55. What is the governance structure of rhino.fi, and who are the four main stakeholders that are involved in the process? How does holding DVF allow users to vote on the development of the platform?

  56. How does the deep liquidity provided by rhino.fi protect against slippage, and what factors contribute to its ability to offer the best price on every transaction? Can you provide examples of yield-bearing opportunities that users can invest in through rhino.fi?

  57. Hello Rhino.fi i welcome to satoshi club my questions are:
    1.What plans do you have to further improve the user experience on rhino.fi, and how are you planning to make it easier for users to access and take advantage of the opportunities available across DeFi?
    2.What additional features and services can users expect to see on rhino.fi in the future?
    3. How do you plan to keep up with the rapidly changing DeFi landscape and ensure that rhino.fi has access to the most up-to-date and advanced DeFi platforms?

  58. We are all very aware that technology is rapidly advancing with the time so I would say that changes must occur in the already existing technology.We have seen changes take place in earlier cryptocurrency.
    Please, could you talk about some additional features you would like to add to the already existing features of Rhino.fi?Are there features you would like to improve on? Please I need a vivid explanation.

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