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What is the zapper platform? Learn how to work and earn from the Zapper platform

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What is the zapper platform? Learn how to work and earn from the Zapper platform

Do you know what the zapper platform is? Zepper is a DeFi asset management platform that provides interesting features to platform users. In order to understand the efficiency and performance of the Zapper platform, in this article we will introduce it and how to make money from it.

What is the zapper platform?

Previously, we have talked about getting to know Defi, the world of decentralized finance, in “Digital Currency”. In this article, we will introduce a new and useful platform from the world of DeFi. Zapper is a DeFi (DeFi) management platform that allows users to control their digital assets in various protocols. In addition, it provides facilities such as deposit and withdrawal and monetization and easy interaction with various protocols.

The zapper works by connecting to the user’s DeFi wallet. Once the wallet is connected to the platform, Zapper can scan the user’s Defi activity for a consolidated view of all assets and positives. Such capability makes it easier to use different protocols and make informed decisions in DeFi investments.

How does the zapper work?

Zapper works by using different APIs to connect to different DeFi protocols. This feature allows Zepper to track user activity on these protocols and display a consolidated view of assets and their positions.

Zapper also uses a variety of smart contracts to allow users to interact with DeFi protocols. This makes it easy for users to deposit and withdraw funds and earn profit from DeFi assets.

But it is obvious that each platform has its advantages and disadvantages. In the following, we will introduce some positive and negative features of this platform.

Advantages and disadvantages of zapper

Advantages and disadvantages of zapper

Advantages

Simplicity: Zapper makes it easy to track DeFi activity and interact with its protocols.

Smart: Zapper uses smart contracts to automate tasks like depositing funds and returns.

Secure: Zapper uses industry standard security measures to protect user funds.

Disadvantages

Does not support all protocols: Zapper does not support all DeFi protocols.

Some of its features are complex: Some features of the zapper, such as the Zap function, are complex to use.

Fees: Zepper charges a fee for some of its services.

Making money from Zapper

To earn money from the zapper platform, you need to perform certain tasks. After completing each of these tasks, you can get the points associated with it. These points include 2 parts:

XP: These privileges are used to increase the user level of the address. If you reach level 5, you can complete the final task of placing one of the platform’s NFTs as your wallet profile picture and earn points for it.

Volt: This rating is represented by the Latin letter “V”. Volt is used to make NFT cards and tokens. These tokens are incredibly effective for increasing your score. You can sell them on NFT market, OpenSea.

The more points you can get, the more valuable your rewards will be. Therefore, we suggest you to do these tasks regularly.

1- Login to the main zapper website zapper.fi every day.

2- Enter or withdraw cash from its financial pools on a weekly basis.

3- Use the exchange or swap on a weekly basis.

4- Put cash in the savings section every week.

5- Put one of Plftorm’s nfts as your profile picture.

To perform each of these tasks, you must connect your Metamask wallet to the zapper platform and confirm the transactions. Additionally, you must sign transactions in the wallet to withdraw points. The Zapper platform supports various wallets. But Metamask wallet is a better option to use because it supports multiple networks. In the image below, you can see how to select and connect the wallet on the Zapper platform.

Summary

Zepper is a powerful tool for managing DiFi portfolios; It is easy to use and offers various features. With the help of its features, the user can track their activity, interact with protocols and earn money. However, it is important to note that Zapper does not support all DeFi protocols. Also, using some of its features can be complicated.

If you’re looking for a way to manage your D-Fi portfolio, Zapper is a good option to check out. However, it is important to do your research before using any DeFi platform. We hope this article was informative for you.