Ape Board, a fast-growing asset aggregator and portfolio dashboard, will help address the problems associated with fragmentation and poor user experience in the DeFi space. Here are three reasons why Ape Board could be a good fit for your investment strategy. Listed below are a few features that make it a great choice for crypto-based investment portfolios.
Ape Board is a blockchain aggregator and portfolio platform
The apex of a cryptocurrency aggregator is the Ape Board. It is a blockchain-based platform that was launched in 2021, aimed at supporting the interoperability of multiple blockchains. The platform supports 79 DeFi protocols and more than three hundred protocols. The underlying technology is Ethereum, which was the first blockchain to be supported by the platform. The Ape Board is free to use, and it can consolidate multiple cryptocurrency transactions and offer yield-farming products.
The dashboard on Ape Board allows you to view a full analysis of your portfolio. This includes your daily profit and loss, as well as a detailed breakdown of each position. You can also see what fees were earned by the liquidity pool, and the value of impermanent losses as a result of changes in the liquidity pool. It supports multiple blockchains and has an expanding list of integrations.
It offers a holistic view of users’ portfolios
SCB 10X, a venture arm of Thailand’s oldest commercial bank, has launched a crypto-asset aggregator called Ape Board. This fintech platform offers a holistic view of users’ portfolios by allowing users to link investments across DeFi protocols. Ape Board currently supports 79 protocols and five chains, with Arbitrum set to be added soon.
Nansen, a Singapore-based blockchain analytics firm, has acquired the team behind Ape Board. The Ape Board team has developed a suite of features that will help Nansen become the “information super-app of web3.” The app will integrate portfolio tracking, programmatic access to on-chain data, and Web3-native communication, as well as multichain coverage.
It allows users to bundle EVM and non-EVM wallets into a single profile
With Ape Board, users can bundle their EVM and non-EVM wallets in a single profile for easy tracking and reporting. Users can view their portfolio net worth, amount of yield to be claimed and debt as well as other details in their single account. They can also choose which blockchains they want to be included in their profile.
Cross-chain integration and decentralized applications can create opportunities for the future of the cryptocurrency market. The decentralized nature of blockchain technology has opened new markets for new crypto investments and increased investor confidence. Several companies have been able to capitalize on this opportunity, such as SushiSwap. The SushiSwap decentralized application exists on 13 Ketten and is competing with Uniswap.
It allows users to toggle between blockchains
Ape Board is a cross-chain DeFi dashboard, allowing users to view the value of their portfolios across multiple blockchains and to track the corresponding protocol balances. The application includes more than 77 different protocols, including Ethereum’s Aave and Polygon, as well as several Terra-based wallets. Unlike other platforms, you don’t have to create a separate account to use Ape Board, and you can monitor your own addresses and those of others without creating a separate account.
Ape Board also lets users bundle their EVM and non-EVM wallets, eliminating the need to access multiple platforms. Those with assets in non-EVM networks will find Ape Board‘s multichain support particularly useful. A comprehensive overview of all assets is available to users, including their net worth, yield, and total debt. Users can also search for new tokens, which is a convenient feature.
It offers tools to manage risk & impermanent loss
Investing in cryptocurrencies has many risks, including the possibility of permanent loss. While this problem can be difficult to deal with, there are ways to mitigate this problem. One solution is to hold money in stablecoins. While this solution is not ideal, it does provide several benefits. Listed below are just a few of them. Listed below are several advantages of stablecoins.
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