stake.rivusdao.xyz Open in urlscan Pro
92.205.173.62  Public Scan

URL: https://stake.rivusdao.xyz/withdrawalstao
Submission: On April 29 via api from US — Scanned from FR

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Text Content

Stake
Withdrawals
Rewards
Wrong NetworkConnect
Stake

Withdrawals

Rewards

Wrong NetworkConnect

Invalid address.

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Disconnect

--
0 ETH

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Disconnect
Withdrawals
Request rsTAO withdrawal and claim wTAO
Use Validator
Rate
1:1
Waiting time:
1~2 days
Use Dex
Rate
~1:1
Waiting time:
1~5 mins
Request
Claim
Balance: 0 rsTAO
MAX
Withdrawal Fee
0.01 wTAO
Rate
1rsTAO = 1 wTAO
Final Amount
-- wTAO
Gas and Transaction Fee
0.003 ETH
Waiting Time
1~2days

Request
What is Rivus Stake?

Stake is a product built by Rivus Labs that allows users to deposit wTAO on
Ethereum and recieve rsTAO, which is a liquid reward bearing token that offers
users the flexibility to utilize this asset across various EVM ecosystems.
How does Rivus Stake work?

Stake currently uses Taobridge to seamlessly transfer wTAO from Ethereum to the
Bittensor Finney network. Once transferred, the TAO tokens are automatically
staked in a validator pool. As validators accrue rewards for maintaining the
network, rsTAO holders receive a proportional share of these rewards based on
their stake.
How long does it take to unstake rsTAO?

The unstaking process in Rivus Stake involves a safety measure where withdrawals
require manual approval before being automatically bridged back to Ethereum.
This precaution is aimed at mitigating potential risks associated with smart
contract vulnerabilities on Ethereum.

Also, the community-operated Tao Bridge is utilized for the bridging of TAO from
Finney Network back to Ethereum. There can be potential additional delays.

In general, users should anticipate a delay of up to 48 hours for the completion
of their unstaking requests.
What are the risks of using Rivus Stake?

It is important to note that rsTAO is currently in its early testing phase and
the EVM smart contracts have been audited. Users are advised to exercise caution
and avoid depositing large sums of TAO. To mitigate risks, particularly those
associated with smart contract exploits, the platform has implemented a manual
approval process for withdrawals from the Bittensor Finney network. This process
is an essential step in ensuring the security of user assets during the early
stages of the platform's development. There are also risks associated with
TaoBridge so it is strongly recommend to deposit and withdraw in batches if
necessary.
Disclaimer

For detailed information, please visit the Disclaimer page on our website.
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