The easiest way to manage your web3 portfolio
Edge wallet is one of the solution on RSK that focuses on exchange functionality; it is a self custody exchange that allows you to buy sell and trade different cryptocurrencies but fundamentally first you hold your key and you hold your assets and that is one of the promises of Bitcoin and Edge wallet maintains that promise.
The biggest differentiator is also at the foundational level; key management aspect like a password manager it automatically Two-factor’s it and gives you even password recovery capabilities, bridging the gap between intimidating decentralized self-custody world and the custodial world that we are already used to with banks, PayPal and other Web2 applications, cutting off other intimidating process of swapping into a one swipe.
Edge also safeguards its users; when you do an integration with a DeFi protocol into an application like Edge you can hone in on the functionality it provides, you don’t have to provide functionality to deposit collateral for a loan using a token that is highly volatile.
one of the challenges with a lot of DeFi protocols like Metamask wallet connect to a website; if you are taking out loans such as what you might be doing with Tropykus you realize that you might want to know when you are getting liquid at hand and there is no way to notify a user but when you are backed into a mobile app such as edge that have the ability to notify users to go ahead, that’s a good point for instance; you are 50% or 10% away from getting liquidated Edge notifies you so you can add more collateral to prevent liquidation.
With that said Edge exposes some aspects that are a bit safer and prevent users from entering much more risky type of DeFi usage
Edge wallet is one of the solutions on RSK (Rootstock).
Rootstock supports DeFi Apps to serve the underbanked and the people that needs it the most, it is a smart contract platform bursting with possibilities and it will keep growing and pushing what’s possible on Bitcoin.