Zapper plans utility token for new protocol focused on on-chain data | Headlines | News | CoinMarketCap

06/14/2024 14:38
Zapper plans utility token for new protocol focused on on-chain data | Headlines | News | CoinMarketCap

DeFi aggregator and portfolio management tool Zapper has introduced what’s known as Zapper Protocol, aiming to incentivize the interpretation and …

DeFi aggregator and portfolio management tool Zapper has introduced what’s known as Zapper Protocol, aiming to incentivize the interpretation and contextualization of on-chain data.

The platform also plans to roll out a native ZAP token in the fourth quarter of 2024.

“Our vision of the future is one of onchain literacy,” Zapper stated on X. “By making Ethereum readable, we're revealing to everyone what it truly is. Ethereum is a social network, and we're surfacing it.”

Zapper has developed indexing templates that are designed to simplify the indexing process of on-chain data—enabling users to understand data without advanced coding skills.

Today’s launch reveals the first part of Zapper Protocol, which is the interpretation layer. Zapper said the layer will allow users to …

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