rhino.fi is a private non-custodial trading portal built on Ethereum, harnessing StarkWare’s Layer-2 scaling technology (ZK-Rollup/Validium). rhino.fi provides high-speed API and UI access to some of the the industry's deepest order-books, allowing for 9000+ transactions per second, privacy-by-default, competitive fees, and withdrawal certainty.
Additionally, rhino.fi traders can use rhino.fi’s deflationary Nectar token to enjoy extra fee discounts (on top of volume-based discounts), as well as membership of one of the largest DAOs — Nectar DAO — to help govern the future of Nectar and rhino.fi through the collective allocation of available funds. 17,000 $ETH have been pledged to the Nectar DAO.
rhino.fi is focused on facilitating high-speed execution. This is achieved by hosting the order books ‘off-chain’ (similar to centralised exchanges). Once a trader has locked their tokens into a smart contract, whilst still maintaining control at all times, the trader can submit, modify and change orders simply by signing each change with their Ethereum key (as simple as clicking a 'Confirm' button with user-friendly wallets like MetaMask). This is instead of having to submit a full transaction to the Ethereum blockchain every time they would like to update an order or trade. This saves gas fees and enables traders to employ more advanced trading strategies that are dependent on being able to update orders quickly.
$DVF is an ERC-20 token and is part of the governance system of rhino.fi. By staking their $DVF tokens for xDVF, users can vote on key governance decisions whilst earning a potential share of platform fees.