Powered by a forthcoming ZAP token, the brand new protocol goals to incentivize higher interpretation and contextualization of onchain data.
Decentralized finance (DeFi) portfolio dashboard, Zapper Finance, has unveiled Zapper Protocol with the purpose of creating onchain information 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 complicated onchain transactions into simply decipherable human-readable outputs.
“Our vision of the future is one of onchain literacy – with people around the world connecting via new economic opportunities,” wrote the workforce on X right this moment. “By making Ethereum readable, we’re revealing to everyone what it truly is. Ethereum is a social network, and we’re surfacing it.”
This new ecosystem might 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 data.
Zapper was based in 2020 as a easy dashboard for monitoring customers’ DeFi portfolios, together with NFTs, staking, and yield farming actions.
