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RivusDAO
RivusDAO operates a liquid staking platform for TAO (Bittensor), allowing users to stake wTAO and receive rsTAO, a liquid staking token, in return.
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Rivus DAO
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Description
Rivus Stake is a product built by Rivus Labs that allows users to deposit wTAO on Ethereum and receive rsTAO, which is a liquid reward-bearing token that offers users the flexibility to utilize this asset across various EVM ecosystems. The platform uses Taobridge to transfer wTAO from Ethereum to the Bittensor Finney network, where the tokens are staked in a validator pool. Users can unstake rsTAO with a delay of up to 48 hours due to manual approval processes aimed at mitigating smart contract risks.TVL: $1.7K
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