Rarible Proxy

Rarible Proxy Proxies are blockchain protocols designed to streamline and automate the process of creating, buying, selling, and trading digital assets on the Rarible platform. They help to make transactions faster, safer, and more efficient by serving as an intermediary between users and the decentralized blockchain network.

What is a Rarible Proxy?

A Rarible Proxy, also known as a Proxy Contract, is a smart contract that represents you in interacting with the Ethereum blockchain. It performs actions on your behalf, such as buying or selling NFTs. Proxy contracts significantly improve the user’s experience when interacting with the protocol, as they do not need to confirm each action on the blockchain.

What are the benefits of using Rarible Proxies?

Rarible Proxies facilitate seamless transactions when interacting with the Rarible protocol, making the experience more efficient and user-friendly. These proxies also allow for batch transactions or executing multiple actions in a single transaction to save gas fees. All these are done without sacrificing the security of your assets, as they stay in your wallet until a trade is executed.

Are Rarible Proxies safe to use?

Yes, Rarible Proxies are safe as they do not hold any user funds; instead, they act on your behalf on the blockchain. Therefore, your tokens always remain safe in your wallet until a transaction is confirmed. Additionally, Rarible smart contracts have undergone extensive contract audits to ensure their safety and security.