Announcing Arbitrum on rhino.fi | rhino.fi

Sounds wicked, right? Well, prepare to get even more excited…

Because we’ve proven we can add new chains in a matter of days, meaning that our rate of addition will get faster and faster.

We already explained the technology in our BSC blog, but here’s the TL;DR.

We establish a liquidity outpost on the chain in question, and create a new smart contract allowing swaps to and from that chain (the core premise of our smart contracts is that we can’t touch your funds unless you ask us to).
Once we’ve established the outpost, we use StarkEx, our scalability partner, as the central cog in the wheel. In other words, when you swap, your funds go to and from StarkWare, and they do the rest. You don’t have to touch your desired chain at all.

What this means is that

You can do everything from rhino.fi: no need to switch networks or create new wallets. If you’re here, you’re there.
You don’t need to worry about bridges. We take care of all that stuff in the background for you.
You don’t have to pay fees in native gas tokens, so no more pointless swaps to arm yourself for the gateway.

In other words, you get web3 possibilities with a web2 UX, and you can access new chains with the same speed and simplicity you got when we were a same-chain DEX.

It took us months to build this system, but it’ll take us only days to roll it out to new chains.

So whether you tell us you want a particular chain, or we discover it ourselves (we’re traders ourselves, remember) we can bring it straight onto rhino.fi.

This is what we mean when we call ourselves a DeFi aggregator. We can bring you any opportunity in DeFi, so you don’t have to search for it.

In fact, our goal is to make DeFi searches obsolete. We want to be the last DeFi platform you ever use; once you’re on rhino.fi, you’ve got the whole of DeFi at your fingertips.