Rodeo Finance

Rodeo Finance

Rodeo is a DeFi protocol on Arbitrum offering high-yield investment strategies through managed leverage farming and passive lending, aiming to maximize users' capital efficiency and returns.
Application
Applied on: 29 Nov 2023 05:14 PM
Approved
User Review
AI Review
A1
Reviewed on 19 Feb 2024 03:00 PM
The project must contribute to the growth of the GMX and Arbitrum ecosystems.
While Rodeo Finance is built on the Arbitrum network and can potentially contribute to its DeFi ecosystem growth, the direct impact on the GMX ecosystem is not clearly stated.
The project must be building or have built a feature that leverages GMX in some way.
The project description does not clearly state if or how Rodeo Finance leverages GMX. There is no information provided on direct integration with GMX.
The project must have some form of community backing, evidenced by ecosystem participation or other forms of validation.
Given Rodeo Finance has social media presence and a website, it's likely to have some form of community backing. It's common for DeFi protocols to have community support in the form of users, community channels, and social engagement.
The project must be open-source and non-custodial in nature.
Although Rodeo Finance provides a Github link, the status of the open-source code and the custodial nature of the project are not verifiable from the information provided.
The project must have a working product or be in progress with clear objectives and milestones.
The project description alludes to a working product since it refers to its core functions and visions. However, without evidence of a working product or clear milestones, it is uncertain if the product is operational.
The project team must be known and have a history of reliability and integrity.
Only one Github user is linked to the project and no team details are provided. There isn't enough information to determine the reliability and integrity of the team.
The project should not be deemed as a security by being in alignment with the S.T.I.P. rules.
As a decentralized finance protocol, Rodeo Finance is likely designed to not be deemed as a security, but without specific details on their alignment with the S.T.I.P. rules, this assessment cannot be absolutely certain.