DeFi Tutorials

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⚡️Using Zapper To Save Time & Gas entering yVaults 🧠

defitutorials.substack.com

⚡️Using Zapper To Save Time & Gas entering yVaults 🧠

PLUS VIEWING COMBINED WALLET BALANCES IS LIVE!

Nodar ⚡️
Aug 26, 2020
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⚡️Using Zapper To Save Time & Gas entering yVaults 🧠

defitutorials.substack.com
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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.

Twitter avatar for @NodarJ
Nodar.DeFi⚡️.eth @NodarJ
@kryptonikus @dguardi @safetyth1rd Ok let me try to explain the difference: DIY going into yYFI Vault with ETH: 1. Swap= ~$6 etherscan.io/tx/0x78211424f… 2. Approve= ~$3 etherscan.io/tx/0x978c71eea… 3. Deposit= ~$7 etherscan.io/tx/0xaed5b8606… Total cost= ~$16 Comparing to ZAP: 1. Zap in= ~$11 etherscan.io/tx/0x42865ede4…
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6:00 PM ∙ Aug 21, 2020
114Likes29Retweets

Additional community resources:

  • Detailed tutorial from learnyearn.finance

  • Discover which strategy each vault is currently utilizing for best yields on feel-the-yearn.app

  • Yieldfarming.info/yearn/yvault/

  • Stats.finance/yearn

  • Faq.yearn.finance

⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️

New features:

Twitter avatar for @zapper_fi
Zapper.fi ⚡️ @zapper_fi
Zap back to reality, oh there goes a new combined wallets view. 🐰⚡️
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2:02 AM ∙ Aug 24, 2020
205Likes28Retweets
Twitter avatar for @DeFi_Dad
⟠ DeFi Dad ⟠ defidad.eth @DeFi_Dad
⚡️Did you know when using #DeFi Zaps in @zapper_fi, you can set Slippage Tolerance and Zapper will block your transaction and alert you if the transaction will incur more than the set preference? ⚡️I set mine to 1% most days but have to increase it for newer, less liquid tokens.
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2:28 PM ∙ Aug 22, 2020
26Likes5Retweets
Twitter avatar for @ChainlinkP
Chainlink Red Pill @ChainlinkP
Another panel you don't want to miss at #Chainlink's #SmartCon. @zapper_fi is one of the dopest gateways to #DeFi out there. Check it out beforehand if you haven't already. Their dashboard is especially top notch.
Twitter avatar for @NodarJ
Nodar.DeFi⚡️.eth @NodarJ
Pumped to join the awesome #SmartCon panel on how DeFi is building a new tech stack with @theklineventure,@GabrielKurman, and @MickdeG010🙌 You don't want to miss this one👀 📅August 28-29 👉Get a complimentary ticket: https://t.co/nMhk8EJ6li https://t.co/hiGnCJseGl
8:10 AM ∙ Aug 22, 2020
64Likes13Retweets
Twitter avatar for @zapper_fi
Zapper.fi ⚡️ @zapper_fi
.@mooniswap balances are now supported on Zapper! ⚡️ Check it out 👉 zapper.fi
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7:47 PM ∙ Aug 24, 2020
103Likes14Retweets

⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️ ⚡️

*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.
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⚡️Using Zapper To Save Time & Gas entering yVaults 🧠

defitutorials.substack.com
1 Comment
likeornot
Sep 5, 2021

Zap in to any vault will cost around 0.02 ETH which is around 0.11ETH which is $429, withdraw will cost more. This is insane

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