Zapper

Zapper is a social Web3 explorer that enables users to follow the blockchain journey of other individuals in NFTs, DeFi, and DAOs and keep track of their own, in one place. A user's DeFi assets, liabilities, and information can be managed from its interface. Zapper's mission is to increase DeFi's gross domestic product (GDP) by streamlining access to opportunities for retail investors, fund managers, and builders globally.

Zapper.fi was created from a hackathon in 2019 and was born through the merging of DeFi Zap and DeFi Snap. Zapper received investment from the MetaCartel community.

With Zapper, users can perform the following:

• assess and follow wallets
• bundle different wallets
• swap and bridge
• discover opportunities in NFTs with the platform's estimated value and rarity score algorithm
• connect to brands that their users make use of in DeFi and leverage them
• analyze user behavior to decide which integrations to implement, then integrate them into their websites, emails, or apps
• explore DAOs’ treasuries and members
• access opportunities in DeFi by browsing protocols plus the positions they provide.

The DeFi product is not a protocol and cannot be decentralized but is non-custodial. Its major feature is to enable DeFi users to enter and exit liquidity pools on UniSwap, Curve Finance, and Balancer. Users can zap in and out of liquidity pools and utilize the portfolio analytics tool at the same time.

Zapper’s dashboard tracks every address and groups its activity into six categories: wallet holdings, liquidity pools, deposits, yield farming, investments, and debts. Assets are split across DeFi platforms, including Uniswap, Aave, Compound, dYdX, and Synthetix. There is a breakdown of asset allocation vs where the assets are, according to the platform.

Zapper's liquidity feature brings different pooling opportunities together, allowing users to get liquidity to earn fees, incentives, and voting rights. It also converts Ethereum or ERC-20 tokens into the required tokens for every pool. As a result, users do not have to change their holdings beforehand. Current investments show up on the dashboard and enable users to withdraw, claim rewards, unstake, and include further liquidity inside the platform.

Under Zapper's Explore feature, users can view their asset allocation on different DeFI applications and the information they are shown will depend on the DApp they select. With Synthentix, for instance, users will be able to assess their collateral, synth debt, ratio, etc. They will have their Synths with balances and ratios, as well as the Mintr information for staking, plus estimated weekly staking rewards. It also shows corresponding information under other platforms.

To start, a user links their wallet to Zapper. They can utilize the dashboard to check assets, including wallet balance, investment, income mining, deposit, debt, and mobile capital pool. They can browse their portfolio and see the amount of funds in the categories or DEFI platforms. To include liquidity in the pool, a user can go to Invest, choose the desired pool, and click Add Liquidity. Users can set slip and gas fees. They can store ETH, which will assign around two coins in the pool without conversion to another currency. Finally, the user confirms the transaction to utilize ETH in the wallet and pays the gas fee, then clicks confirm.

In the Explore section, users get information on how to assign funds. Zapper added a feature based on AMM redemption. The platform exchanges with Balancer or Uniswap. In the Exchange section, users can pick the loop to exchange it. After entering the amount, they can approve and confirm the transaction in their wallet.