Rabby Wallet Integrates IOTA EVM to Enhance Multi-Chain DeFi Experience

Rabby,
a
Web3
wallet
developed
by
DeBank,
has
integrated
IOTA’s
Ethereum
Virtual
Machine
(EVM),
significantly
enhancing
the
multi-chain
decentralized
finance
(DeFi)
experience
for
its
users,
according
to
the

IOTA
Foundation
Blog.

Enhanced
Multi-Chain
Wallet
Experience

The
integration
of
IOTA
EVM
into
the
Rabby
Wallet
aims
to
provide
a
secure,
transparent,
and
efficient
way
for
users
to
navigate
the
DeFi
landscape.
Rabby
is
specifically
designed
for
DeFi
users
of
Ethereum
and
EVM-compatible
chains,
positioning
itself
as
a
safe
and
transparent
wallet
for
multi-chain
ecosystems.

Smooth
Multi-Chain
User
Experience

One
of
the
key
features
of
this
integration
is
the
optimized
multi-chain
experience.
Rabby
Wallet
makes
it
easier
for
users
to
switch
between
different
blockchain
networks
while
using
multiple
DeFi
applications
simultaneously.
The
wallet
automatically
selects
the
appropriate
blockchain
network
for
each
DeFi
decentralized
application
(dApp)
based
on
its
database,
eliminating
the
need
for
users
to
manually
switch
networks
when
interacting
with
various
dApps.

Transaction
Understanding

Rabby
Wallet
also
provides
detailed
transaction
insights.
A
confirmation
pop-up
window
explains
in
detail
what
each
transaction
entails,
helping
users
understand
the
actions
they
authorize.
This
includes
showing
estimated
balance
changes,
which
is
a
significant
improvement
compared
to
other
commonly
used
Web3
wallets.
This
feature
helps
users
navigate
the
complex
world
of
smart
contract
executions
with
greater
ease.

Pre-Transaction
Risk
Scanning

To
enhance
security,
Rabby
Wallet
includes
a
pre-transaction
risk
scanning
feature.
This
security
engine
screens
transactions
for
potential
risks
before
users
sign
them,
alerting
users
to
vulnerabilities
such
as
interactions
with
previously
attacked
contracts
or
non-existent
recipient
addresses.

Seamless
Integrations

Rabby
Wallet
also
offers
seamless
integrations
with
several
hardware
wallets,
including
Ledger,
Trezor,
and
Keystore.
It
also
supports
institutional
and
custodial
solutions
like
Fireblocks
and
Gnosis
Safe,
as
well
as
various
mobile
wallets
such
as
Phantom,
MetaMask,
Trust
Wallet,
and
Wallet
Connect.

With
the
integration
of
IOTA
EVM
into
Rabby
Wallet,
users
can
now
enjoy
a
streamlined
and
secure
DeFi
experience
across
multiple
chains.
This
integration
is
part
of
a
series
of
enhancements
aimed
at
expanding
and
improving
the
IOTA
EVM
ecosystem.

Image
source:
Shutterstock