Powered by a forthcoming ZAP token, the brand new protocol goals to incentivize higher interpretation and contextualization of onchain info.
Decentralized finance (DeFi) portfolio dashboard, Zapper Finance, has unveiled Zapper Protocol with the goal of constructing onchain knowledge simpler to grasp.
Zapper Protocol introduces indexing templates, which embrace Place Interpreters, permitting anybody so as to add lacking positions or balances to Zapper, and Occasion Interpreters, which can allow customers to translate advanced onchain transactions into simply decipherable human-readable outputs.
“Our imaginative and prescient of the longer term is one in all onchain literacy – with folks all over the world connecting through new financial alternatives,” wrote the workforce on X as we speak. “By making Ethereum readable, we’re revealing to everybody what it actually is. Ethereum is a social community, and we’re surfacing it.”
This new ecosystem will probably be powered by the ZAP token, which is slated to launch within the fourth quarter of this yr. In keeping with the workforce, the token will function an incentive to interpret onchain info.
Zapper was based in 2020 as a easy dashboard for monitoring customers’ DeFi portfolios, together with NFTs, staking, and yield farming actions.
