Rivo.xyz – Namecheap customer – (United States)
Developers dedicated to advancing the adoption of web3 are housing their projects on .xyz domains. Web3 authenticator Dynamic.xyz is geared towards simplifying access to digital wallets. Crypto startup JoinClutch.xyz aims to promote active participation in web3. Generative art platform Tonic.xyz strives to make web3 technology more accessible. In this week’s #BlockchainThursday, we’ll introduce you to a platform that aims to simplify access to decentralized finance (DeFi), especially for those transitioning to web3: Rivo.xyz.
Rivo.xyz is a digital platform designed to offer a simplified and accessible entry point into the world of DeFi. It seeks to accomplish this through its account abstraction technology, designed to address the complexities of DeFi and to lower Ethereum’s high gas fees. The platform comprises a smart contract wallet for secure and efficient asset management across multiple blockchains and a DeFi marketplace that provides a curated selection of investment strategies. With features like two-factor authentication, multi-signature technology, and integration with WalletConnect and MetaMask, Rivo.xyz seeks to enhance the DeFi experience by making it more inclusive, secure, and user-friendly. Since its beta launch in November 2023, Rivo.xyz has been focusing on expanding its features, including new security measures and enhanced wallet functionalities, positioning itself as a comprehensive solution for both seasoned DeFi users and newcomers.1
The platform offers a range of features aimed at simplifying the user experience within the DeFi ecosystem. Rivo.xyz includes a smart contract wallet that supports asset management across multiple blockchains, such as Ethereum and BNB Smart Chain, intended to improve user interaction with DeFi products. The platform’s DeFi marketplace gives users access to a selection of investment strategies, which are chosen based on their risk and reward profiles. Rivo.xyz utilizes account abstraction technology designed to facilitate easier login processes and potentially reduce transaction fees, while incorporating security measures like two-factor authentication and multi-signature technology to enhance asset protection. It also offers options for social recovery and educational resources to assist users in making informed decisions.
In particular, the smart contract wallet and the DeFi marketplace are central to Rivo.xyz‘s functionality. The wallet is designed to allow for the secure and efficient management of assets, with features that aim to protect users’ funds through advanced security mechanisms. The DeFi marketplace, meanwhile, acts as a platform for accessing investment strategies, intended to navigate users through the DeFi space with tools for risk assessment and educational support. These components illustrate Rivo.xyz‘s approach to facilitating access to DeFi, emphasizing security and user education.
In November 2023, as highlighted on the platform’s Mirror.xyz profile, Rivo.xyz launched its Founding Club – Season #1, introducing an exclusive NFT program designed to integrate users more deeply into its ecosystem, which combines a multichain smart-contract wallet and a DeFi marketplace. By acquiring a Founding Member NFT, users can access benefits such as reduced platform fees, exclusive raffles, and rewards, with eligibility requiring a minimum $500 investment in any Rivo.xyz platform strategy and a 14-day holding period, limited to a series of 500 NFTs. Alongside the NFT initiative, Rivo.xyz has rolled out a decentralized affiliate program, allowing users to earn rewards by referring new members to mint Founding Member NFTs, offering $30 for NFT holders per referral and $15 for non-holders, with the ability to generate referral links directly from web3 wallets and automatic reward claims upon meeting set criteria.
Securing a premium domain name such as Rivo.xyz is a significant strategic asset for the platform. Its concise and memorable nature makes it exceptionally user-friendly, particularly for mobile users, streamlining access to the platform’s services. Rivo.xyz reflects the platform’s core mission of simplifying decentralized finance (DeFi) access. Investing in a premium domain like Rivo.xyz can be likened to owning a prime piece of real estate in the digital world, potentially reducing marketing costs through increased organic discovery. As the platform grows, Rivo.xyz has the potential to become a hallmark for innovation and ease of use in the DeFi community, mirroring the directness and modern appeal of its domain name. You can learn more by following the platform on X/Twitter @rivoxyz, joining the Discord, and visiting Rivo.xyz.
1.https://cryptodaily.co.uk/2023/11/rivoxyz-defi-gateway-bridging-web2-and-web3-via-smart-wallets-and-hand-picked-investment-strategiesXYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
