Introduction To Zapper.fi

Users that invest in DeFi and farming may have a hard time tracking their portfolio due to the diversity of available projects in decentralized finance. DeFi dashboards like Zapper can be of great assistance in these situations and here is how you can benefit from them too.

What Is Zapper? #

Zapper.fi is a DeFi dashboard for monitoring your portfolio, debt, liquidity, claimable rewards and much more without the need of sharing your personal data. Simply connecting your wallet to the dashboard is enough to get a clear overview of your DeFi portfolio but it will also give you access to a wide range of tools.

You can learn more about Zapper on their FAQ page.

How To Use Zapper? #

The first step would be connecting your wallet by clicking on the “Connect Wallet” button on the homepage.

Once connected you will be greeted with a detailed dashboard outlining your DeFi deposits, outstanding debt on loans and even pending farming rewards. All functions and services are accessed by clicking on the corresponding button and here is a quick overview of all of them.

Dashboard displays your current holdings including NFTs. It can give you all sorts of information regarding your portfolio and investments. Price floors for some NFTs will also be accurately tracked and displayed here.

Exchange is where you can swap tokens on almost any network. If Zapper supports it, you will be able to perform swaps without the need to interact with a DEX. Simply choose your network in the bottom left corner of your screen and start swapping.

Pool gives you the option to add funds into a liquidity pool with a one-click solution. Instead of swapping your assets and depositing them manually, you can use any currency and let Zapper do all that work for you.

For example, you can deposit funds in the MIM/UST pool without holding those currencies in your wallet. Select the currency you want to swap and hit “confirm”. Zapper will then execute all required transactions automatically and deposit your fund in the pool.

Save option is used to deposit funds in savings protocols like AAVE. Just like with liquidity pools, depositing funds in savings protocols can be done with any currency as long as Zapper supports it.

The process is the same. Select the currency you want to exchange and let the dashboard complete the deposit automatically.

Address book and other options should be self explanatory. You can add friends or people you know to the address book so you can easily make recurring payments without the need to double check the address every time you are sending crypto.

Other options include one-click farming, access to bridges and access to many different vaults. All of them work the same as the features explained above. Zapper focuses on simplicity and all activity on this dashboard can be done with just a few clicks.

Token tracking and current gas fees can be found on the right side of the screen. These tools can be useful if you are having a hard time calculating gas fees or keeping track of many different coins.

Conclusion #

Zapper.fi aims to simplify DeFi activity by providing one-click solutions to their users. With Zapper, farming and tracking your portfolio is much easier since you can access all of it from one dashboard. It is worth noting that Zapper still doesn’t support all of the farms and protocols that are available so some funds may not be reported correctly. Still, the simplicity that comes with Zapper should easily out way the tracking issues that should be significantly improved soon.