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rhino.fi Profile picture
@rhinofi
Aug 13, 2020 • 5 tweets • 3 min read • Read on X
Due to problematic gas prices, DeversiFi is trialling a NEC-based GAS-rebate program.

The first 100 wallets to register (no KYC) will be airdropped 75 & a further 75 for depositing.

This marks the first dapp to effectively allow cost-free entry w/ gas-free trading.

… Image
Why are we doing this?

We are in the midst of a GAS crisis, making Ethereum exceedingly prohibitive/unattractive for many users, both old and more importantly new, ultimately impacting adoption of #DeFi.

This initiative is an attempt to solve this issue.

…
In future, we'll need to work with others to speed up L2 composability ensuring ETH remains a cost-efficient & attractive chain to use.

This'll only become more important as, despite these friction points, ETH adoption continues to grow & more exciting dapps are built.

…
For now, anyone who wants to trade , , , , , , , , USDT or can do so at scale with the lowest cost available.

Directly from their @Ledger @metamask_io or Keystore.

deversifi.com 👈
@Ledger @metamask_io For the avoidance of doubt, registering a wallet is not the same as connecting a wallet.

Please refer to our pinned message below for more and ask DeversiFi admins any questions you have:

t.me/DeversiFi/79536

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More from @rhinofi

rhino.fi Profile picture
Apr 14, 2022
Right, we’re just going to say it: Today’s exchanges are broken

🛑They list scam coins that have peaked and will never return
🛑They promote dangerous activity
🛑They don’t care whether their users make money

It’s time to break this toxic model. Here’s how we will change that👇
Today’s exchanges are torn ⛔️

They need the trading fees so they incentivise trading of all kinds of crap 💩

This creates a vicious circle of ever-riskier assets and offerings. Effectively, they are (unfortunately) geared towards you LOSING money 😭

(2/7)
We want to flip this on its head. We want to make profits with our users, not at their expense 💪

Because right now, DeFi matters more than ever.

👉 Inflation is spiraling
👉Governments are weaponising finance
👉 Currencies are collapsing
👉 Refugees need finance they can trust
Read 7 tweets
rhino.fi Profile picture
Jan 1, 2022
With DeFi about to reach critical mass, the next 12 months will be crucial for the future of #Layer2 - and for our platform in particular.

Let’s take a Deep Dive with @will_harborne as he explains what's to be expected for DeversiFi in 2022.

#Thread (1/11)
2022 will be the avalanche year for Ethereum, the year that it takes back the centre-ground of crypto DeFi ecosystems and this will be driven by #Layer2 ecosystems. In fact, we predict there will be significantly more people using #Ethereum Layer 2 than #L1.

(2/11)
In parallel, we will see the growth of multi-chain ecosystems, which allow several blockchains to connect with one another - enabling #decentralised apps and protocols to launch on several networks.

(3/11)
Read 11 tweets
rhino.fi Profile picture
Dec 31, 2021
2021 has changed everything for #DeversiFi 🔥

We’ve broken $1 billion in total trades, launched loads of new features, and paved the way for the mass adoption of #DeFi 🚀

Here are nine key breakthroughs that have shaped our year

#Thread (1/11)
At the start of 2021, we hadn’t even rolled out the swap feature on our platform...

But we launched it in January and now it’s our most-used feature of all! 🎉

(2/11)
We’ve launched our native governance token, $DVF, on our brand-new launch market.

The success of the #DLM shows we’ve got a viable mechanism to launch tokens on L2 - and #DVF allows you, our supporters, to take control of our protocol 🤝

(3/11)
Read 11 tweets
rhino.fi Profile picture
Sep 30, 2021
With #DeFi options ever expanding, many investors are turning to #yieldfarming as an alternative to trading with safer and often higher returns! 

But what is yield farming and how can you get involved? 👀

🧵 #Thread🧵 (1/6)
Just like a bank 🏦 giving you interest on your savings, you can earn interest on your #crypto by lending your tokens to a #cryptocurrency project such as @CurveFinance, @BalancerLabs, @AmpleforthOrg and more!

(2/6)
Lending your #tokens is trustless, meaning you always control your funds and can access them at any time. The whole process is open and #permissionless, with the rules determined by computer code 🖥️ instead of a centralised gatekeeper - like a bank. 

(3/6)
Read 6 tweets
rhino.fi Profile picture
Sep 24, 2021
Yesterday we launched the FIRST EVER #Layer2 bridge to a centralised exchange 🥂 - @bitfinex, but what does that mean for you?

🧵 #Thread🧵 (1/6)
Remember how you used to pay those pesky gas fees 💸 and wait absurd times ⏳ when moving from an exchange to #DeFi? This all changes now with minuscule fees and rapid transfers!
(2/6)
This bridge🌉now enables fast and low-cost transfers between #Bitfinex & #DeversiFi meaning that you can move @Tether_to tokens ($USDt) seamlessly between the two platforms, without ever touching #Layer1 #Ethereum! And what's more, we’ll be adding more #ERC20 tokens soon!
(3/6)
Read 6 tweets
rhino.fi Profile picture
Sep 22, 2021
With #DeFi heating up, more and more people are beginning to use #DEXs over traditional #CEXs🙌

However, some people are still confused about what a #DEX is and the different types that exist!

Here's a summary👇 #Thread
#CEXs are often the place users go to buy their first #cryptocurrency 🪙
However, in order to use them, you must create an account on their website and send your money to them trusting that they will (hopefully🤞) send it back when you’re finished 😅
#DEXs exist on multiple blockchains, but the most popular ones are built on #Ethereum. Instead of creating an account to use them, you connect existing Ethereum wallets (such as @MetaMask) and then start making trades! 🙌
Read 10 tweets

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