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Zapper.Fi Review : An Introduction

Zapper.Fi An Introduction (DeFi Zap)

DeFi is not just a temporary buzzword, it has become a success in reality with its gaining traction every passing day. DeFi can boast some of the most exciting projects crafted for the community and DeFi Zap is one such.

Zapper.fi is a blockchain-based cryptocurrency investment platform. It is a smart contract that auto-spreads incoming deposits across diverse DeFi protocols based on pre-set allocations. Users can send ETH to a Zap contract of their choice and get their allotted tokens easily. Essentially DeFiZap is a dApp that uses many DeFi protocols in combination to uncomplicate the ease of use, saves time, and also transaction costs.

More on Zapper.Fi (DeFi Zap)

It lets for collaborating the features of a majority of Ethereum’s DeFi platforms like Maker, Compound, Uniswap, Kyber network, and many more. When a user opens DeFi Zap they are faced with a detailed questionnaire asking what kind of investing they truly believe in and what experience they hold in dealing with DeFi products. After getting to know the user strategy, he/she is directly routed to one of the Zaps ready-to-use. You can also long ETH with two-times leverage on Fulcrum and supply liquidity on Compound in just one-click by transporting ETH to Lender Zap smart contract.

Why use a Zap?

To understand this, we will be learning two concepts – Zapping in and Zapping out. Zaps allows users to get into a DeFi position in just one transaction which is called Zapping in. Let’s assume that you already have ETH and are looking to seek a position in the Uniswap ETH-DAI pool. If the past history shows that this yield 6% in the last 3 months, yet you believe that ETH to USD will remain at flat levels, the pool fees will surge the yield above the savings rate of DAI. In a more routine and regular sense, if you need to get into that position, you have to go into the rigmarole of processes by supplying half ETH and half DAI, probably 3-4 transactions and a lot of time. But with Zap, all this can be done in just one click!

We hope you have understood what zapped in is. So you are already zapped into the Uniswap ETH-DAI position and made a profit. Now you want to come out which is zap out. You can Zap out the exact way you zapped in which is one transaction!

You can enjoy further benefits:

Integration with 19 DeFi platforms
Users can now diversify their liquidity distribution across diverse liquidity pools with multi-pooling
You can access the best pooling opportunities from a single interface
More than $200 million already invested with more than 100k zappers monitoring their assets on a regular note.

DeFiZap +DeFi Snap = Zapper.Fi

Zapper Fi was conceived when the DeFi Zap and DeFi Snap merger took place taking the zap in and zap out the ability to astronomical levels making it the most demanded portfolio analytics tool. Zapper Fi is a community-owned platform leveraging the composability of open finance as well as token-based incentives to facilitate relationships between Zap builders and Zappers. All your DeFi assets can be managed from one single and simplistic interface.

Zapper.Fi provides a superior asset management platform that integrates the ecosystem tracker of DeFi snap and Zap’s coherent entry into every opportunity. Zapper comes with several interesting features including Zips and multipooling.

Zapper.Fi :Advantages

We have already provided a lot of advantages but let us elaborate on them for you.

The first and the most attractive advantage DeFi Zap allows is the simplification of the financial process. The user does not have to enter multiple platforms. Zaps allows you to deploy ETH across protocols in one go with access to staking, lending, and staking from your wallet.
If you do it manually, you are wasting a lot of time. Uniswap interface will not allow you to pool all your ERC 20 tokens with residual left always but with DeFi Zap the leftover is very less.
The questionnaire at the beginning helps you to understand what type of investor you really are. It aligns your investment goals and risk tolerance with the zap it suggests.

Zapper.fi is surely an emerging project on DeFi and effectively showcases the true strength of composability by collaborating lending, margin trading, and pooling elements into unique zaps.

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Bittensor booms as Chip Mania hits Stock Market: The AI Race and the Potential of TAO

The stock market has been abuzz with the latest trend in technology investments: semiconductor chips. This “chip mania” is fueled by the global race for artificial intelligence (AI) supremacy, as chips are the fundamental building blocks of AI and machine learning technologies. As companies and countries vie for the lead in AI, the demand for advanced semiconductor chips has skyrocketed, leading to significant interest from investors. In this context, Bittensor, with its unique decentralized approach to AI, emerges as a potentially strategic investment.

Nvidia and Bittensor might seem quite different at first glance—one is a big name in computer graphics, and the other is part of the exciting world of decentralized networks. But they actually have a lot in common, especially when it comes to artificial intelligence .

The AI Race and Chip Demand

AI has become a critical component of modern technology, from consumer applications like voice assistants to complex systems such as autonomous vehicles and smart cities. The performance of AI systems is heavily dependent on the processing power provided by semiconductor chips. As AI models become more sophisticated, they require more computational resources, driving the demand for high-performance chips.

This demand has led to a surge in investments in chip manufacturers and designers. Companies like NVIDIA, AMD, and Intel have seen their stock prices soar as they continue to push the boundaries of chip performance. The market has also witnessed the rise of specialized AI chip startups, all competing to create the most efficient and powerful processors.

Supply Chain Challenges and Investment Opportunities

The increased demand for chips has not been without its challenges. The global semiconductor supply chain has been under strain, with issues such as the COVID-19 pandemic, trade tensions, and production bottlenecks leading to shortages. These shortages have highlighted the critical nature of chips in the global economy and have spurred further investment as companies seek to secure their supply chains.

Investors are keenly aware of the strategic importance of semiconductors and are looking for opportunities to capitalize on the chip mania. This has led to a bullish outlook on chip stocks, with many analysts predicting continued growth as the AI race heats up. This also has led to a boon from smart money to look into Bittensor.

Bittensor: A Decentralized Approach to AI

Nvidia and Bittensor might seem quite different at first glance—one is a big name in computer graphics, and the other is part of the exciting world of decentralized networks. But they actually have a lot in common, especially when it comes to artificial intelligence (AI). Let’s break down how they’re both helping to push technology forward:

Nvidia makes the powerful graphics cards that a lot of AI programs need to run. Bittensor, on the other hand, gives people a place to run AI programs on a network that’s spread out across many computers. Nvidia is always coming up with new ideas for its graphics technology, which is super important for video games, AI, and big calculations. Bittensor is also all about new ideas, but it’s focused on making AI services that don’t rely on just one place or computer.

Nvidia has a huge group of developers who use its tech to create all sorts of things, and it helps them out with special software and tools. Bittensor also depends on a community, but it’s made up of developers and people who contribute computer power to the network, and they get rewarded with digital tokens.

Both Nvidia and Bittensor have lots of room to grow, but in different ways. Nvidia is growing because more and more industries need its graphics cards. Bittensor’s growth is tied to how many people start using decentralized AI services and how the whole area of digital currencies and blockchain technology gets bigger.

Now, let’s imagine it’s two years from now, and Bittensor has really taken off. Here’s what that could look like:

Everyone’s Using Decentralized AI

Bittensor’s network is the go-to place for AI services that aren’t tied to one spot. There’s a big group of smart people and companies using and adding to the network.

Even small companies or solo developers can make cool AI stuff because Bittensor makes it easy to get to machine learning tools and computer power.

Amidst the frenzy for traditional chip stocks, Bittensor presents a novel investment opportunity. Bittensor is not a chip manufacturer; rather, it is a decentralized network that leverages the collective power of distributed machine-learning models. By pooling together the resources of miners across the globe, Bittensor facilitates the creation and operation of AI models in a decentralized manner.

The Bittensor network offers several advantages to Nvidia that could make it an attractive investment:

The Bittensor network offers several advantages that could make it a competitor to Nvidia.

Decentralization: Unlike centralized AI services, Bittensor is not reliant on a single entity or data center. This reduces the risk of outages and censorship, potentially leading to a more robust and resilient AI network.

Incentivization

Miners on the Bittensor network are rewarded for contributing computational resources and for the performance of their AI models. This creates a marketplace for AI services where competition drives innovation and efficiency.

Scalability

As the demand for AI grows, Bittensor’s decentralized model allows for easy scaling by simply adding more miners to the network. This contrasts with the physical limitations and capital expenditures required to scale traditional data centers.

Accessibility

Bittensor democratizes access to AI by allowing anyone with computational resources to participate as a miner. This could lead to a more diverse and widespread development of AI applications.

The chip mania in the stock market is a reflection of the critical role that semiconductors play in the burgeoning AI industry. While traditional chip stocks are an obvious choice for investors looking to capitalize on this trend, Bittensor offers a unique angle. Its decentralized network aligns with the principles of blockchain and the growing interest in distributed systems.

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AAVE CRYPTO ASSET SOARING

AAVE SOARING TO NEW HEIGHTS AS IT BREAKS $500 USD

AAVE is on fire reaching new all-time highs in rapid succession. As of today, February 4th, 2021, an earth-shattering volume of nearly 3 billion dollars of AAVE was traded in the past 24 hours.

Aave clocks in a new ATH ever since the v2 migration tool launch

Aave (AAVE) has been going strong ever since February began. In just 5 days, AAVE has increased by 76% and today the token hit a new all-time high of $520. The protocol to date has successfully captured users and has done well against its competition. The latest rally for Aave started on Jan 28 when the protocol announced the v2 migration tool. The tool allowed users to easily migrate all account information including the borrowed positions and staked tokens.

The new tool also facilitates easy migration of user information to the updated protocol. Recently on the 1’st of February, the team from Aave protocol posted an update about the same:

“Today is the last day to vote on the AIP to add $BAL on Aave V2.”

A day following the announcement the proposal was passed by the community. The Balancer (BAL) was added on Aave 2 and it was around that time that AAVE rallied from $284 to $300.

The DeFi platform of AAVE is also rejoicing since the platform is undergoing immense upgrades. As per DeFi pulse, the total value locked in the DeFi protocol is now at $4.96 billion ranked second after Maker which has $5.16 billion in total value locked.

AAVE, which is the 15th largest coin in terms of market cap, also recorded a staggering 24-hour trading period. Its trading volume in the last 24-hours touched $2.4 billion! Treyce Dahlem who is a research analyst believes that the recent surge in AAVE price has been fuelled by the big players and institutions who are becoming increasingly interested in DeFi.

He added, “Billionaire Mark Cuban recently spoke about the “unlimited upside” of DeFi and according to a snapshot of his on-chain portfolio, he is an AAVE whale holding more than $150,000 worth of the token. Grayscale recently filed more than a dozen altcoin trusts with Delaware’s corporate registry, one of those altcoins being AAVE. Additionally, Bitwise added AAVE to their Bitwise 10 Large Cap Crypto Index. These announcements have caused investor sentiment to reach a new YTD high of 83.5 (very high).”