⚡️Using Zapper To Save Time & Gas entering yVaults 🧠

PLUS VIEWING COMBINED WALLET BALANCES IS LIVE!

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What are yVaults? Who are they for? And what are the risks involved?

We made a short video tutorial to help you get started. Make sure to check out additional community resources below 👇

Why use a Zap as opposed to doing it yourself?

To save time and gas. Typically DeFi users have to perform 3-4 transactions in order to achieve a desired DeFi action. For example: if you have ETH, to enter YFI Vault, you will first need to swap your ETH into YFI, after approve YFI, and finally supply YFI. Each one of these steps is a separate on-chain transaction, which you not only have to pay but also wait for to complete before you initiate your next one.

Additional community resources:

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New features:

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*As always, please note that Zapper.fi is an experimental project. Zapper.fi is not providing any investment advisory or recommendation service. By using Zapper.fi or its services, you agree that you are using the Services at your own risk and that you will not and do not hold Zapper.fi or its team members liable should the services not perform as per your expectation. Zapper.fi is not a licensed financial advisor under any law. Please consult your own independent investment advisor before making any investment decisions.

How to Zap into DeFi investments with Zapper.fi

Video Tutorial by DeFiDad

📹Detailed video tutorial from DeFiDad

⚡️⚡️⚡️July liquidity flows via Zaps⚡️⚡️⚡️

Zap in!

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*Please note that Zapper.fi is an experimental project. Zapper.fi is not providing any investment advisory or recommendation service. By using Zapper.fi or its services, you agree that you are using the Services at your own risk and that you will not and do not hold Zapper.fi or its team members liable should the services not perform as per your expectation. Zapper.fi is not a licensed financial advisor under any law. Please consult your own independent investment advisor before making any investment decisions.

🛠️Gitcoin Grants Contrubution Round 6 is here!

It’s been just over a month since DeFiZap & DeFiSnap joined forces to create Zapper.Fi - the lean mean DeFi machine providing you with easy on-ramps to the endless opportunities in open finance.

Since our launch in December, we’ve seen a constant influx of new users, integrations and volume. We’ve pioneered new Zap primitives - like zUNI - which leverage Synthetix liquidity incentives to constantly earn you more ETH.

For those who missed it, most recently we launched Pool Pipes - a tool to combat liquidity fragmentation by letting users easily and efficiently move liquidity between pools.

Paired with our recent Balancer integration, it’s safe to say that Zapper is quickly becoming the most diverse place to move capital around the DeFi landscape in an intuitive and cost effective manner.

The Future of Liquidity Mining

As many of you know, Balancer recently launched their Liquidity Mining incentives - rewarding LPs with native governance tokens (BAL) for providing capital to the platform. However, what you may not know is that Balancer is constantly tweaking these rewards based on a number of parameters like feeFactor, ratioFactor and wrapFactor.

While we won’t go into the specifics of each in this post, the key point here is that leaving your liquidity in one place is no longer the most profitable use of capital. In fact, with projects like Curve soon to announce governance tokens too, we suspect that DeFi farmers will need to keep their finger on the pulse to keep up with the most efficient asset allocations.

Now, while this could easily become a full time job in and of itself - this is why we built Zapper. Rather than having to stay on top of every single trend, our vision is to create a platform which can help you easily identify new income opportunities and shift liquidity around as you see fit.

With this, yield farming can be cheap, efficient and intuitive. But, in order to get there we need your help.

As we outlined in our merger, Zapper is entirely self-funded. This grassroots effort is exactly what has allowed us to be as active as we are regarding integrations and community sentiment.

In the coming months, we want to further this initiative. To this end, we ask you to consider donating to our Gitcoin Grant. All the proceeds from this round will be used to further our product development and receive formal security audits.

We expect this summer to be an absolutely Cambrian explosion for DeFi and want to make sure we’re well positioned to capture it all.

If you or your project want to help us on our journey, come join us on Discord.

Remember - every 1 DAI donated on Gitcoin can have upwards of 100 DAI worth of impact. If you’ve ever Zapped In or Out, consider this your way of paying it forward. Currently

Until then, we look forward to bringing you the best asset management experience DeFi has to offer!

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Show Your Support on Gitcoin

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*Please note that Zapper.fi is an experimental project. Zapper.fi is not providing any investment advisory or recommendation service. By using Zapper.fi or its services, you agree that you are using the Services at your own risk and that you will not and do not hold Zapper.fi or its team members liable should the services not perform as per your expectation. Zapper.fi is not a licensed financial advisor under any law. Please consult your own independent investment advisor before making any investment decisions.

⚖️Adding Liquidity to Balancer Pools⚡️

Earn BAL tokens on top of pool returns.

What is Balancer?

Guest post originally published on Bankless by Fernando, co-founder Balancer Labs & Nodar, co-founder Zapper

Balancer is an AMM protocol that allows anyone to provide liquidity to existing Balancer pools or create one themselves. Each Balancer pool is composed of 2 to 8 tokens. Each of the tokens makes up a percentage of the total pool value: these are the token weights that are chosen at the moment of pool creation. The mathematical properties of Balancer protocol ensure that the value percentage of each token in a pool will stick closely to the weight even as the market prices of the tokens themselves vary. 

A Balancer Pool is a self-balancing index fund

This means that each Balancer pool is a self-balancing index fund itself. But it gets better. In a conventional index fund the investor has to pay a fee for the rebalancing service, but in a Balancer pool the liquidity provider is actually rewarded for their service of providing liquidity to the protocol. They earn fees while their index funds are continuously rebalanced for them. 

Extra incentives

On Monday, June 1st at 00:00 UTC (i.e. at midnight from Sunday to Monday), Balancer Labs will start considering liquidity held on Balancer protocol for the distribution of governance tokens. So on top of earning fees, liquidity providers will be rewarded with BAL tokens. To participate just add liquidity to any Balancer pool.

How to add liquidity to Balancer Pools via Zapper.Fi

STEP 1: Visit Zapper.Fi & connect with your wallet.

STEP 2: Click ‘Invest’ & view available liquidity pools. You could type in Balancer to display only those liquidity pools.

STEP 3: Choose which Balancer pool you would like to join & enter how much liquidity you would like to add.

STEP 4: Confirm the transaction & you will receive Balancer Pool Tokens which are ERC20 tokens that track your liquidity provided to the protocol. Here’s a sample transaction adding 1 ETH to the WETH/DAI/USDC pool with Authereum wallet:

Once your transaction is confirmed you will be able to view a detailed breakdown of all your liquidity provided on Balancer’s Explore page: https://www.zapper.fi/balancer

Coming soon…

  • Removing liquidity from Balancer Pools.

  • Re-balancing liquidity between Balancer<>Uniswap<>Curve Pools.

What else would you like to see? Let us know on Discord.

Add Liquidity to Balancer Pools

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*Please note that Zapper.fi is an experimental project. Zapper.fi is not providing any investment advisory or recommendation service. By using Zapper.fi or its services, you agree that you are using the Services at your own risk and that you will not and do not hold Zapper.fi or its team members liable should the services not perform as per your expectation. Zapper.fi is not a licensed financial advisor under any law. Please consult your own independent investment advisor before making any investment decisions.

🛡️Authereum Wallet Tutorial

How to use Zapper.Fi with no gas fees.

STEP 1: Sign up for a free on authereum.com/signup

STEP 2: Click on the confirmation link from your email

⚠️ Before continuing from here it is highly recommended you set recovery options and 2FA.⚠️

STEP 3: By default, your preferred token is set to DAI which means DAI will be used to pay for gas fees. (currently 9 transactions per week are sponsored so anything over those 9 will start incurring gas fees). To change your preferred token go to ‘Settings

STEP 4: Fund your account with ETH or any ETH based token/collectible by sending to your new wallet address OR purchase crypto via built in Wyre integration

STEP 5: Once your deposit has been processed visit Zapper.Fi, click ‘Connect Wallet’, choose Authereum, click ‘Invest’, enter your input amount, and when you click confirm your transaction starts processing. Note how there are no pop ups to re-confirm your transaction from your wallet as it happens when you use Metamask. You will see how many sponsored transactions you have left in the top right corner. Here’s a video illustration below and tx hash: https://etherscan.io/tx/0x97c1d82f29aea82a5c713017977d575ed4a7e40ec6be42e8069c4433704a7209

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Nodar.DeFi⚡️.eth @NodarJ
Or you're using @authereum with 9 sponsored transactions per week💯🤫 ⚡️I just added liquidity on Uniswap V2 in less than 20 seconds without worrying about any gas costs🤑 We have this wallet integrated on
Zapper.fi👈check it out & let me know what you think!

Julien Bouteloup @bneiluj

If you make any transactions right now you are either OG, rich or into economic suicide. Gas is too expensive. $ETH 🔥

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To learn more about the benefits of being an early adopter and shaping our product, join our Discord.

*Please note that Zapper.fi is an experimental project. Zapper.fi is not providing any investment advisory or recommendation service. By using Zapper.fi or its services, you agree that you are using the Services at your own risk and that you will not and do not hold Zapper.fi or its team members liable should the services not perform as per your expectation. Zapper.fi is not a licensed financial advisor under any law. Please consult your own independent investment advisor before making any investment decisions.

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