Intro: Rabby Wallet in Synch with DeBank

in LeoFinance2 years ago (edited)

Long a big fan of and a believer in the great value of competition in the marketplace, I recently found out about Rabby Wallet, a worthy competitor to MetaMask. For your own consideration of using it, I would like to share my experience with you!

Source: Home page of the Rabby Wallet website.

In the eyes of many, long the "champ" wallet extension, MetaMask is a wallet I personally avoided using as long as I could. The UI leaves a lot to be desired IMHO. And over time?

Well ... It doesn't seem to be a high priority to ever make it any better ... With its support of my mission-critical Ledger, along with just about every DeFi site I would ever consider using, "resistance was futile" ...

Still, given its preeminent position, what would it take to "knock out" the Champ? Does Rabby wallet have what it takes?

  • If an issue, don't let the somewhat whimsical name put you off or fool you! While "whimsical" to me, the name Rabby is likely an asset for attracting the younger generations ... 😉

Let's take a closer look ... 🧐

Quick Overview

Rabby makes no pretense about its objective. It wants to become your "go to" wallet and replace MetaMask.


As you are about to read, they have already made an outstanding start in reaching their objective.

In starting in to even considering Rabby myself, I thought "wait!" I don't ever recall seeing Rabby in the list of wallets listed, when you want to connect to a DeFi website. Right?

Well, of course, Rabby would have the same question. And they handled in a very straightforward manner:

Rabby's response to clicking on "MetaMask," when prompted to Connect!

You just click on MetaMask and Rabby responds! Wait a minute!? Why doesn't MetaMask respond? Right ... This is one important issue of which you want to be aware right away. Having both wallets active at the same time is problematic. "Best practice" is to only have one or the other active at any given time.

What? How do I do that @roleerob? Pretty simple. You go to the "Manage extensions" page on your web browser:

Illustrating 1) deactivating MetaMask and 2) activating Rabby.

It is that simple!

  • While you can also remove any extension, it is highly recommended that you do not do that. You will find instances where you'll want to temporarily switch MetaMask back "on," to accomplish certain tasks ...

________________________

Backing up just a bit, for a little broader overview, Rabby is intentionally linked to DeBank. I found reference to it myself, while following up on a LeoFinance discord chat I read where @pjansen mentioned DeBank. With time and favorable impressions from the interaction, I decided to check it out. 👍

By design, Rabby is an invaluable add-on to the use of the DeBank website:

From Home Page of DeBank website. Rabby link in lower left corner!

By itself, you are likely to quickly find DeBank to be a "can't live without" website, given all it offers. Particularly, of course, if you are in any way involved or interested in all of the many DeFi platforms. As this is written (see illustration above), it offers you a "Portfolio" view summarizing an incredible 657 protocols on 14 different EVM-based blockchains. As you will learn in this post, Rabby is designed to be an invaluable aide to using this website to its fullest potential

Rabby is a Chrome browser extension (see links below, in "Additional Resources"), just like MetaMask. I personally do all in my power to keep Google at "arm's length," so pleased to report it works just fine on my preferred browser, Brave! 👍👍

________________________

Before providing you a closer look into what Rabby offers you, dear reader, I will ask you if you have ever heard of Rabby before? I had not and, once learning how impressive it is, wondered why that is the case?! 🤷‍♂️

I have no idea, but one of the primary reasons I am investing my time in writing this post is to do my small part to change that, for as many people as I can! 🙂👍🚀

Executing a Transaction

The whole point of having these wallets is to execute transactions with your crypto assets. Rabby has not only got nicer versions of what MetaMask offers, but ...

features which
MetaMask simply
does not have!


One to Two Step Transaction Execution

Take a close look at these images above. First, we see a very clean interface, but with a lot of beneficial info for us to consider, before executing any given transaction:

  • The total value change expected, from executing the transaction!

  • The estimated cost of the transaction, along with the estimated time for completion.

  • A multi-part ("behind the curtain") check for any known risks to you, before you execute the transaction!

As with MetaMask, Rabby comes us with a recommended gas setting. Depending upon the blockchain on which you are transacting, you will learn by experience how comfortable you are with this recommendation. It is very simple to change, if you are not comfortable, as illustrated above.

  • The illustration, linked to a CubFinance transaction, is on BSC. I know from experience that a gas setting of 5 has literally almost never failed. The difference in value between 5 and Rabby's recommendation of 1 is not more important to me than just the "peace of mind" that the transaction is going to be executed without fail.

________________________

Like what you see illustrated above, my initial experiences with Rabby very quickly confirmed to me that it was my new "go to" wallet, as much as possible. There was just too much to like about the design and functionality of Rabby to ever "go back."

These details of executing a transaction are just the beginning. Many more "goodies" to follow!

Deeper Dive ...

With the relatively brief overview of this impressive wallet and executing all-important transactions covered above, let's take a "deeper dive" into some of Rabby's features:

"Default" screen, upon opening Rabby

From this opening screen, you quickly find it is quite interactive. You can do the following simply by clicking on it:

  1. Address Selector.

  2. Chain Management.

  3. "Auto" open DeBank to a "Portfolio" view of the wallet address in #1. Change the address in Rabby and the "synch" with DeBank changes this "portfolio" view to the new address automatically! 👍

  4. Open Send dialog screens to move assets between addresses, in your Contact list.

  5. Open Transaction history, with a very nice added feature to what we are all accustomed!

  6. "Auto" open the website linked to the selected icon, for your desired DeFi platform (placed here, once it has been connected ...).

As a nice added touch to #6, we see the website to which you are currently connected at the bottom! 😉 Also, as you can see, we are able to "star" our favorites! 🦁🚀

Let's look into each of these features a little bit more:

________________________

1 - Address Selector

We start with making sure we have the right address in focus:

The Address Selector screen

Just scroll down and click on the address you want in focus and that's it! Much nicer than the comparatively "kludgy" way you have to select a different address in MetaMask, amirite? And, if you want to add a new address, click on the "Manage addresses" hyperlink at the bottom and it is very straightforward from there.

Note the icon's below each address. Rabby "knows" about any portfolio (presumably via its close link to DeBank) details you may have on each EVM-based blockchain and so displays each one of them in this view!

Not too bad huh! 👍 Well, check out this next section and how Rabby handles "chain management!" 👍👍

________________________

2 - Settings and Chain Management

Having "fought" for years with MetaMask's approach to this all-important feature of your wallet, I was immediately "wowed" by this feature. By itself, I knew that I was not going back to MetaMask, unless I had no alternative.

The Settings screen and then the Chain Management screen

No more trying to find all of the intricate details to set up a new blockchain node. Rabby has you covered! 👍 Okay (pessimists / skeptics), but do they "keep up" @roleerob? Well, a very recent post by @revisesociology on the Cronos blockchain details what most of us are well acquainted with - how to manually and tediously set up MetaMask for accessing it. 🤔

Did I mention Rabby has you covered! Cronos is at the bottom (you have to scroll down, as it is not visible in the initial view) of the list, as it is the most recent entry. They are staying on top of the "latest, greatest!" 👍👍

________________________

3 - Launch DeBank

This is the only section of this post without any illustrations. By design. First, I will transparently and openly say I prefer to keep my affairs private and it is almost impossible to show what DeBank does with obfuscating most of it.

More importantly, this post is not really about DeBank, although I personally think you will not want to be without its impressive benefits. Particularly if you ware in anyway involved with DeFi (think CubFinance! And "soon," its Polygon "cousin!") And to get the "full effect," you will want to check it out yourself and have your own portfolio displayed for your viewing pleasure! Just type in your desired address and voilà!

As illustrated in the first image above, to open DeBank you simply click on the ">" to the right of your selected address. Not only that (they have thought of just about everything ...), if you change to a new address in Rabby, the "portfolio" view in DeBank automatically changes to it, as they are in "synch!"

With the use of Rabby, you'll never have to type an address into DeBank again!

________________________

4 - Send Function

A fairly common (for me, at least) function is the need to send some of your assets to another address. How does Rabby handle this?

Send Function screens

The screen captures above illustrate the nicely laid out Send functionality of Rabby. If the address to which you want to send an asset is a common one, it is very simple to add it to your Rabby Contact List, as illustrated.

I don't know how this could be any easier.

________________________

5 - Transaction History Feature

Most of us are familiar with transaction history views and I won't be touching on that here, as Rabby, of course, provides you a list of your transaction history, for whichever address you have in focus (see #1 above).

But ... What if you have a pending transaction and you wish you knew what was going on "in there?" Particularly with a large (for you) sum at stake? Rabby, once again, has got you covered!

View of a Pending Transaction!

By clicking on a pending transaction, Rabby allows you to see in "real time" exactly what is going on with your transaction. Note that you see how many transactions are ahead of you for execution. This info is provided real time, i.e. it is continuously updating, so you can watch the "countdown" to when yours will be completed!

And, if you get "nervous" about how this is going, you can click on the screen and up your gas allocated to getting your transaction "across the line."

  • I know this from experience, as I have tried repeatedly to figure out how to execute "somewhat" less expensive transactions on ETH. I have watched, when setting a lower gas value, to how the number of transactions ahead of me actually increases, when you haven't set your gas high enough, as higher "priced" transactions keep "cutting in front" of yours.

How cool is this feature! 👍🙂👍

________________________

6 - Open Desired DeFi Platform

How are you at organization? Are you one of those (like me) who hasn't "met" an organization aide he didn't like. I don't think you can have too many ...

Rather than you having to first manually open a web browser bookmark to the website of interest to you and then make sure MetaMask is connected to it, Rabby has them "built in!" 👍

App Portion of "Default" Screen

Simply click on the desired DeFi platform of interest to you and Rabby "auto" opens it in a new tab on your browser. AND, of course, Rabby is both "auto" connected to it, after ensuring the focus of Rabby is on the app's corresponding EVM-based blockchain! Wow ...

As illustrated above, note that Rabby shows you the URL linked to each app. Just in case you haven't used it for awhile and not sure you can remember what the icon represents. There is an invisible selection square around each app and this info appears, once you hove over it.

And you also see a little icon, in the upper right of each app, showing the blockchain icon linked to them!

Rabby has really thought of just about everything!

________________________

Okay, a bit more info than an "intro," but I want to leave you, dear reader, with a good idea of how impressive I think this wallet is, for the average user. Particularly those interested in "jumping in" to the world of the amazing DeFi opportunities on all of the steadily increasing number of EVM-based blockchains.

Additional Resources

If you want to "dig a little deeper" into Rabby, while seriously considering adopting it for your own use, here is a list of resources:

  • Rabby wallet website. Contains Discord (upper right) server invite link, to stay on top of all the latest developments / request new features.

  • Rabby wallet link to the Chrome Web store.

  • Rabby Release Announcement on 26 July 2021.

Note that last item, dear reader. Rabby's "launch" announcement was barely 5 months ago! Ask yourself how long MetaMask has been around? 🙄 By contrast, think about where Rabby may be even on its 1st anniversary! 💥

Closing

It is exciting to me that DeBank has obviously elected (from their own experience with the limitations of using it?) to invest "time and treasure" to build an alternative to MetaMask. How are they doing so far?

It seems rather obvious in places this effort is still in its relatively early days. That said, it has already shown me DeBank "has what it takes" to uhhh ... "knock out" ... the Champ! I love the way it has been built to integrate nicely with main DeBank website.

This "combo" has a great deal to offer anyone seriously committing time and money to the remarkable opportunities in the DeFi world. This wallet is literally barely a 5 months old.

The "coup de grâce?" As someone with some programming experience, when using some crypto apps, I have often wondered if the developers actually "eat their own cooking?" Yes, as a retired Business Systems Analyst, I fully understand the concept of MVP, but ... C'mon man!! 🙄🤷‍♂️

By contrast to MetaMask, Rabby has the "feel" of some very fine craftmanship in its coding. I do not believe you will be disappointed.

I’d love to hear any feedback you may be inspired to provide.

Until "next time," all the best to you for a better tomorrow, as we all work together to build up our Hive Communities and add increasing value to our Hive blockchain! 👍 😊

Respectfully,
Blogger @roleerob
Hive "Dolphin" 🐬, LeoFinance "Whale" 🐋, & Man Cave "Dragon" 🐉

________________________

P.S. I am not a financial adviser. Please consider this post as financial information and / or opinion only. Please perform your own due diligence, in whatever manner seems best to you, if you have found it to be beneficial.

P.P.S. Hmmm. ~ 3,171 words. 🙃 Well ... According to the latest great "stats" post by @dalz, I should be in great shape in 7 days ... 😉

________________________

Posted using LeoFinance and “immutably enshrined” in the Hive blockchain on
"Thanksgiving Eve" in America, Thursday, 25 November 2021!

🌲 No trees were harmed in the publishing of this post! 🌲


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The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Thank you @poshtoken! Amazing to learn this post has already received a favorable comment from the founder of DeBank!!

Hopefully, as a key objective of our community's #LeoAlpha initiative, that will bring more attention to our LeoFinance community!

Posted Using LeoFinance Beta

I haven't heard of this wallet but I already set up Metamask for BSC and Polygon so I don't think I will swap at this point. However if I do move over to a new blockchain, I may use this instead to see if it is easier to set up.

Posted Using LeoFinance Beta

"... if it is easier to set up."

There is really no comparison IMHO @jfang003. I have been investing in crypto since Aug 2017 and I am very thankful to finally have a great alternative to having to use MetaMask ...

Posted Using LeoFinance Beta

Great overview! Rabby looks interesting and yeah, Metamask is lacking some serious upgrades these days.

I'm used to the old clunky interface and I kinda love it for all the wrong reasons but it's obvious that people are looking for better alternatives and they are finding them for sure.

Btw if you liked Rabby check out 0xFrame. Not saying it's better but it is definitely worth trying out if you are looking for innovative alternatives.

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First Rabby, now 0xFrame. The more options we have for whatever we do, the more freedom to have to act as we see fit. Thanks for posting your comment.

It's too late for me to upvote your comment, so please accept this slice of !PIZZA instead.

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Yes, @jerrythefarmer ...

"I'm used to the old clunky interface ..."

... so was I, since I have been at this since Aug 2017. So ... I was resigned to it, after giving up on the thought any kind of a "continuous improvement" mindset would ever take hold ...

While I did not mention it in this post, I have done my small part to help the developers of Rabby with screenshots and descriptions of any issues I have encountered. They have been responsive, so I think there is a genuine team behind this impressive wallet.

Time is always at a premium for me, but I will make a note of this wallet you have mentioned. If you have a bit of extra time to tell me how you see it in comparison to either MetaMask or Rabby, I would welcome the input.

Posted Using LeoFinance Beta

Good to know that an actual user gave feedback during production. One more reason to give Rabby a spin next week and try it out.

I would say that 0xFrame is just a more advanced version of Metamask. Instead of listing your assets generically, it gives you a great overview of your holdings on many different chains.

I'll definitely think about doing a side-by-side article and try to point out the good and the bad in all of them.

Posted Using LeoFinance Beta

Hmmm.

"Instead of listing your assets generically, it gives you a great overview of your holdings on many different chains."

Good to know. Rabby's approach, as explained in this post, is to simply open the DeBank website and display the full details of your portfolio in there. No way a comparatively simple wallet extension UI can compete with that ...

"I'll definitely think about doing a side-by-side article and try to point out the good and the bad in all of them."

Seems like a worthy post to me @jerrythefarmer! If you want, feel free to tag me inside that post, once you have written it. I would be interested in what you have to say about your discovery process.

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toruk_washere_bonus.jpg

More info why you see this.

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Wow! My first "Toruk!!" 👍🙂

Thank you for the extra encouragement that comes with it!!

Posted Using LeoFinance Beta

A comprehensive tutorial on the Rabby wallet which has nice perks for DeFi users. For sure it will eat a big piece of the cake for soft wallets.

Posted Using LeoFinance Beta

"... it will eat a big piece of the cake for soft wallets."

Yes @behiver, I certainly hope that is the case. As mentioned in a separate comment, I have done my small part to help Rabby's developers and have found them to be responsive. A very favorable additional reason why I am a big fan already ...

Thanks for stopping by and all the best to you and yours for a better tomorrow! 👍👋

Posted Using LeoFinance Beta

Thanks for writing this Article. Even though I don't like the UI of Rabby and MetaMask I'd have to say that it's worth trying it out. Im still new in the Crypto World but this seems worthy to try out, so thank you once again. :)

Posted Using LeoFinance Beta

Hmmm ...

"Even though I don't like the UI of Rabby and MetaMask"

Well @immali, I can agree with ½ of that! 😉

"Im still new in the Crypto World ..."

Yes, at a glance you appear to also be new to LeoFinance. Is that right? If so, welcome! I will be happy to do whatever I can to help you get started. Feel free to ask.

There is a lot to learn, but hopefully you will enjoy the challenge and reap rewards commensurate with the effort you put into it!

Posted Using LeoFinance Beta

Yes. Just heard from a friend that this is "something like Reddit" but explicitly for Crypto and I registered to try it out but still a bit overwhelmed with the Blockchain / Crypto world.

Posted Using LeoFinance Beta

Yes @immali, no question the "cryptosphere" is a bit bewildering / overwhelming at times. But, like anything else with which we have become familiar, if we stay at it, the "lights go on" ... 🙂

"... but explicitly for Crypto ..."

Yes and no. You and I are interacting as part of the LeoFinance community built on top of the Hive blockchain, via their LeoFinance UI. And LeoFinance has a specific focus on crypto and investing in it.

But there are many, many communities with specialized areas of interest covering just about anything that might be of value / interest to you or anyone.

All this is made possible by our Hive blockchain. I think once you begin to experience the broader scope of what all the Hive blockchain makes possible, it will make Reddit (assuming you are familiar with that) seem very limited by comparison.

Where to start?

My recommendation is that you open PeakD's UI here, which has your Hive account details to explore. The hyperlink I provided for you here will open to it. PeakD is IMHO, far and away the best generalized UI for engaging with others and experiencing all the Hive blockchain has to offer.

Once you open it, look around and check it all out. At some point, then click on "Communities," as illustrated below:

image.png

That will begin to give you some idea of what I have written above.

Get back to me, as you have time and interest with any questions and, again, I will do what I can to help you along on your own "journey" into all the fascinating aspects of what blockchain technology makes possible.

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P.S. If you don't mind my asking @immali, I would be curious to know how you learned about LeoFinance and this post.

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I have never used this wallet but I will try it

After you have, let me know what you think @aiovo! I don't think you will be disappointed.

Posted Using LeoFinance Beta

Ok let see

@Roleerob this is amazing, I never really get into defi but I like this wallet because of the simplicity

Posted Using LeoFinance Beta

If you do get into DeFi @dwayne16, then you'll definitely want to seriously consider making this your "go to" wallet!

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Loading...

Just got linked back to this post on Rabby after talking about alternatives to MetaMask in the comments section of my blog.

It's still great content all these months later :)

!PIZZA

Posted Using LeoFinance Beta

Thank you for letting me know you found it useful @forexbrokr! 👍

Just be aware a lot of the screenshots in it are now obsolete, given the pace of "continuous improvement" Rabby has undergone.

"All for a good cause," though, as every initial issue I had with it has been addressed. I used to have to switch back and forth with MetaMask (you can have only one of them active at any given time ...), but that has not been necessary now for many weeks.

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It's March 2022 as I type this comment, so last month I took the plunge into DeFi and bought CUB to place into a Kingdom at Cub Finance. Adding BSC to my MetaMask wallet was easier than I had expected. Unfortunately, while MetaMask connected successfully to BSC, Cub Finance was iffy in trying to connect to my MataMask wallet. When I get a chance I will install Rabby for Brave Browser to see how well I can connect to Cub Finance.

@forexbrokr recommended this post at the 2022 March 6 edition of Daily Crypto Markets Live Blog, and I'm glad I clicked the link to your post.

While I'm working on getting Rabby up and running I may as well give DeBank a test drive.

It's too late for me to upvote this post, so please accept this slice of !PIZZA instead.

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Thank you for "stopping by" and letting me know @magnacarta.

"When I get a chance I will install Rabby for Brave Browser to see how well I can connect to Cub Finance."

That is what I have done. If you move ahead, good luck with it! I'll be happy to answer any questions along the way, if needed. I use Rabby exclusively now and very happy with making this effort myself months ago ...


P.S. See my comments above to @forexbrokr about this post ...

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