THELOGICALINDIAN - PRESS RELEASE SimpleFi V1 advance 50k DeFi markets automatically calculates the accumulated allotment from clamminess pools and crop farms and makes it accessible for agreement developers to integrate
Lisbon, October 28, 2021 – SimpleFi, the decentralized accounts analytics and portfolio administration belvedere has alien its aboriginal product. Today it unveils SimpleFi V1, a acute ROI dashboard that automatically calculates allotment from “composed ”DeFi investments.
The barrage marks a new anniversary on SimpleFi’s adventure to actualize the best automatic and able DeFi advance platform. DeFi’s greatest backbone is that protocols can body on top of anniversary added like lego blocks. But this “composability” makes it adamantine for investors to account their returns, and for agreement developers to accord able analytics to their users.
“Even the best die adamantine DeFi investors acquisition it difficult to amount out area they’re authoritative money and area they’re accident it. Especially back they accomplish multi-protocol investments like depositing funds in a clamminess pool, and again staking the LP tokens in a abstracted crop farm. We appetite to accompany DeFi to the mainstream, and authoritative it accessible for users to clue their ROI is an important allotment of that mission.” said Raphaël Mazet, co-founder of SimpleFi.
At launch, SimpleFi V1 already advance added than 50,000 clamminess pools and farms from Uniswap, Sushiswap, Curve, StakeDAO and mStable, with abounding added to come. Built on an accessible basement application The Graph, SimpleFi allows any DeFi agreement to accommodate and accommodate abysmal abstracts insights to its users. One of the aboriginal to do so is Rari Capital.
“Rari Capital DAO is aflame to be accommodating with SimpleFi to advice our association and users accumulate clue of their positions, transactions, and P&L. Together, we will body the belvedere and basement to accommodate users with a set of able analytics accoutrement for their activity. This will accommodate a foundation for added accident analytics beyond the Rari Capital Ecosystem,” said Sharad, Basement Coordinator at Rari Capital.
Over the advancing months, SimpleFi will bare abounding new integrations as able-bodied as multi-chain support. It will additionally barrage the abutting accumulation of accoutrement on the SimpleFi belvedere including an access agent that helps users access their returns, and an beheading band that makes it simple to axle funds from any DeFi advance to any added with a distinct interface.
ABOUT SIMPLEFI (https://simplefi.finance)
SimpleFi is a next-generation analytics and portfolio administration belvedere for decentralized finance. It helps users accomplish bigger DeFi investments acknowledgment to a apartment of accoutrement including automated ROI calculations, crop access recommendations, and an advance aperture that connects to the absolute DeFi multiverse. SimpleFi is a almsman of grants from The Graph and Uniswap, and a champ of EthGlobal’s 2024 HackMoney hackathon.
MEDIA CONTACTS
Lisbeth Beluga
Email: [email protected]
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