Zapper Integrates Moonbeam Network

Investing.com – DeFi aggregator and portfolio management tool Zapper has added support for Moonbeam Network to expand its offerings within the Polkadot ecosystem.

Zapper lets users track the wallet activity of their favorite collectors, adding a social element to the typically information-heavy process of monitoring on-chain data. The platform also enables users to manage and farm yields from various DeFi projects.

By integrating Moonbeam, Zapper broadens its reach to the Polkadot ecosystem, facilitating easier interactions with cross-chain assets and applications.

This integration follows Zapper’s creation of indexing templates that simplify the process of indexing on-chain data, helping users understand blockchain data without requiring advanced coding skills. It also allows users to manage assets on Moonbeam through Zapper’s unified interface.

Founded in 2020, Zapper raised $15 million in its Series A round led by Framework Ventures and Mark Cuban’s and Ashton Kutcher’s Sound Ventures.

About Moonbeam

Moonbeam is an Ethereum-compatible smart contract platform that offers an EVM implementation and a Web3-compatible API. This compatibility enables developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal modifications, enhancing interoperability with Polkadot, Ethereum, Cosmos, and other blockchains.

As a parachain on the Polkadot network, Moonbeam benefits from the shared security of the Polkadot relay chain and integrates seamlessly with other connected chains. Its cross-chain messaging features empower developers to create decentralized applications (dApps) that can operate across multiple networks.

The firm behind the Moonbeam protocol is PureStake, a development team that also built developer tools for Algorand and operates Polkadot validators. PureStake began working on Moonbeam in early 2020, and the network is supported by the Moonbeam Foundation.

Currently, there are three networks in the Moonbeam ecosystem. Moonbeam serves as the EVM-compatible parachain within Polkadot, while its sister network, Moonriver, launched as a parachain on Kusama in June 2021. Moonbeam and Moonriver share nearly identical technology, with Moonriver often receiving new features first before they are deployed on Moonbeam. Both networks also share a testnet called Moonrock.