This update was originally posted on Medium. You can read the article here.
Yield Monitor, a multi-chain database and toolkit for DeFi investors and developers, has received a grant from The Fantom Foundation to continue integrating protocols and on-chain data across the Fantom ecosystem.
Yield Monitor integrated the Fantom mainnet and initial DeFi protocol data in December, 2021. Since then, the team has continued building relationships with Fantom ecosystem’s DeFi teams; adding smart contracts and protocol data to Yield Monitor’s multi-chain database.
This enables investors to track their Fantom portfolio within Yield Monitor’s dashboard (beta) and developers to leverage Yield Monitor’s scalable database to enhance their data, investment offerings, speed, and UX.
We’ve been building a relationship with The Fantom Foundation since we launched Yield Monitor in late 2021. The team has been supportive at every step, and we’re grateful to continue our work in making scalable on-chain data available to everyone. There’s significant opportunity for investors and builders across the Fantom ecosystem, and we’re honored to play a small roll in helping both sides of the market thrive. The support from the Foundation allows us to continue our work in an ecosystem we’ve admired since our inception.
– Yield Monitor Team
Yield Monitor’s database is meant to create opportunity for DeFi investors, developers, teams, and traditional finance / CeFi organizations looking for new exposure to the Fantom financial ecosystem.
Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in approximately one second and cost (on average) one cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.
Yield Monitor is a multi-chain database toolkit for DeFi investors and developers. For investors and traders, Yield Monitor offers a dashboard-style portfolio tracker with asset prices, LP and Yield Farm charts, impermanent loss tools, volume and order book data, and a growing library of data-driven features. Advanced trade routing is in progress.
For DeFi developers, Yield Monitor is building a customizable dashboard and analytics toolkit suite that supports individual builders and advanced DeFi teams with faster data and scalable solutions to build products quickly with less financial overhead; helping them create value and reach target markets significantly faster.