 | I'm what you could call a true defi degen and a few month ago I switched from Metamask to Rabby wallet and I like it so much that I want to share with you why it is so much better than Metamask.
Every Dapp that is compatible with metamask is compatible with Rabby too (if there is not a Rabby connect button just use the metamask one and it will work)
I find Rabby so much secure than metamask with plenty of features designed to prevent you from losing your precious (or shitty) tokens Here is a screenshot of the token approval As you can see Rabby display several warnings.First it tells me that I never interacted with this contract before which is huge as in the case of a defacing like the balancer one recently the hacker are going to replace the contract with their own, hence if that happens Rabby will tell you that this is a new contract, suspicious. Also It warns about a low trust value for the token approval, this value represent the number of tokens standing by in addresses that the contract have access to. It is a great indicator of the level of trust other users have in this contract. Of course new contract will always have a low trust value in this case nothing beat a little block explorer investigation to make sure that everything look as it should. 3.Transaction Simulation results Before signing a transaction Rabby displays a Simulated result of the transaction Here you can see that after a swap it shows me how much I would pay in eth and get in USDC It works also for more complicated transactions this tool can be a life saver to verify that the transaction you are about to sign is what you think. 4 A way better address book than Metamask In metamask if you have several addresses you own to better compartimentalize your defi life every address has its own address book which can make it painfull to deposit to CEX when the address you are using now does not have it in its address book. In Rabby you only have one address book for all your addresses furthermore it will identify your CEX deposit address and label them accordingly which again helps you make sure you are sending to the right address. On this page I can verify that I'm about to send to my kraken address. Also you can see the system of whitelist. If an address has not been whitelisted then to send a transaction to it you will need to input your password and it will display a warning.
I found Rabby has one of the best Approval checker tool. You can check your approval by contract or asset, it display the trust value of the approved contract and also allow you to select several token at a time (you will still have to sign each transaction but they will automatically pop up one after the other)
Even for defi and several transactions per day I always use a hardware wallet. Nowadays I'm using a ledger nano X and its integration with Rabby was flawless.
If you swap your token in metamask it adds of fee of 0.875% of your transactions while Rabby swap will query plenty of dex aggregator to get you the best rate and will use them natively not adding their own smart contract in the middle so you really get the best rate here is an example: You can even easily check how much you would get on a CEX. 7 No countless Manually adding ERC20 token to be able to send them In metamask (also they might have improved since I stopped using them) I had to manually find the tokens smart contract address in an explorer to be able to manually adds them to be able to transfer them to another address. In Rabby it uses the very complete Debank data to know which tokens you own and you are able to use or send them right away without manually adding them. 8 It change network seamlessly and instantly with the network the dapp is expecting And it worked so well I never had to add a custom RPC yet. Feel free to ask me anything regarding defi, Rabby, or even hardware wallet or crypto security. [link] [comments] |
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