Zapper, a prominent DeFi aggregator and portfolio management tool, has unveiled the first segment of the Zapper Protocol, introducing a fresh interpretation layer to enhance accessibility and comprehension of on-chain data.
This innovative layer allows users to serve as event interpreters and position interpreters, each playing a crucial role in simplifying complex blockchain data into user-friendly formats.
Established in 2020, Zapper gained significant attention in 2021 with a $15 million Series A funding round led by Framework Ventures, with notable investors like Mark Cuban and Ashton Kutcher’s Sound Ventures participating.
This funding has been pivotal in Zapper’s ongoing progress and recent innovations. The company’s roadmap includes the upcoming launch of a native ZAP token in the fourth quarter of 2024. The platform aims to boost on-chain literacy by making Ethereum’s social networking aspects more visible and comprehensible to users.
“Our goal is to make Ethereum more readable, revealing its true essence as a social network,” stated the Platform Head. To support these endeavors, Zapper has devised indexing templates to streamline the process of indexing on-chain data.
These templates will empower users to grasp intricate data without the need for advanced coding skills, further democratizing access to blockchain information.
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