Zapperfi

Defi Champ Zapperfi Takes the Pain out of Defi

By carrywater | carrywater | 26 May 2021


  • UNISWAP, QuickSwap, Curve - all allow an investor to provide liquidity in exchange for rewards or interest. 
  • In order to do this most DEX require that you provide two coins when providing liquidity; for example, ETH/WBTC. 
  • In times past this would mean that if I had 4 ETH and I wanted to provide liquidity to the ETH/WBTC on UNISWAP I would first have to swap so that the total value of ETH and WBTC was equal (Leaving my value as 2 ETH worth of ETH and 2 ETH worth of WBTC. 
  • The string of transactions necessary to ultimately end up with a LP token that you can use to provide liquidity is lengthy and does not lend itself to easy and accurate record keeping. ENTER OUR HERO ZAPPERFI
  • Easily connect your Meta Mask Wallet 
  • Choose the ETH Mainnet if your wallet is set up on the Binance Smart Chain or other (will say right at the top of your wallet when you connect it). 
  • The site has tons of cool interface to track your transactions and gives you a live update on your wallets net worth at all times. 
  • Find the icon that says liquidity and either scroll through or pick a pair that you already know you want. 
  • Click invest on that pair - approve the transaction(s) 
  • When you approve the transaction in your Meta Wallet it will give you the option of adding the coin (the LP coin we created from ETH/WBTC) to your wallet (this will allow the new coin to show up in your Meta Mask wallet). 
  • After the verification and adding the coin to your wallet your new LP coins will show up in your Meta Mask wallet. 
  • The LP token can now be added to the liquidity pool of your choice 
  • Find the app here: https://zapper.fi/ 
  • Nice tutorial https://youtu.be/sRIHWFyfOKA  

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carrywater
carrywater

We read - we write - we try - we grow


carrywater
carrywater

General interest in the crypto space and very interested in the implications of international adoption of blockchain as one of the most significant advancements in technology in several generations.

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