DeFi
ZapperFi to Build a “Road to Onchain Literacy” with the Zapper Protocol
Powered by an upcoming ZAP token, the new protocol aims to encourage better interpretation and contextualization of on-chain information.
Decentralized finance (Challenge) portfolio dashboard, Zapper Finance, has revealed Zapper protocol with the aim of making onchain data easier to understand.
Zapper Protocol introduces indexing models, which include position interpreters, allowing anyone to add missing positions or balances to Zapper, and event interpreters, which will allow users to translate complex on-chain transactions into Easily decipherable and human-readable output.
“Our vision for the future is one of blockchain literacy, with people around the world connected through new economic opportunities.” wrote the team on X today. “By making Ethereum readable, we reveal to everyone what it really is. Ethereum is a social network and we make it appear.
This new ecosystem will be powered by the ZAP token, which is scheduled to launch in the fourth quarter of this year. According to the team, the token will serve as an incentive to interpret information on-chain.
Zapper was founded in 2020 as a simple dashboard for tracking users’ DeFi portfolios, including NFTs, staking, and yield farming activities.