Dashboards

Hey speculator, DOUBLE TOP keeps you updated with a series of posts about popular, useful services and tools for farming.

Yield Farming is a process of rewarding tokens in exchange for providing liquidity to the DeFi market. Farming can be simple or complex since users develop accurate strategies to maximize their profitability.

Dashboards are tools that show information from one or more sources based on metrics, financial indicators, reports. Considering this data, we decide how to use the financial instrument and which strategy to choose.

A fairly large number of these services are presented on the market. You will learn about two of the most popular and usable tools used on the BSC (Binance Smart Chain) and ETH (Ethereum) networks.

 

Why do we need dashboards?

The efficiency of farming directly depends on what information the platform provides to us as users and liquidity providers. Since the interaction processes of smart contracts in DeFI projects may beunclear to everyone, the developers of such services did their best to structure and provide only the most necessary information to the user.

Who needs dashboards?

In the first place, dashboards will be helpful to those who constantly farm on different DeFi platforms. Farming is a financial strategy where one needs to be conscious of all the risks and benefits.

It will be helpful for those who use the monitoring process to be on top of the situation and make decisions quickly.

We’ll talk about Yieldwatch and Yield Farming Tools.

Yieldwatch 

https://www.yieldwatch.net/ (BSC Network)

Yieldwatch is a smart yield dashboard that allows you to track your liquidity pools, yield and token allocation performance through a simple user interface, also optimized for mobile devices.

Yieldwatch entered into the picture when the Ethereum network was overloaded, and transaction fees were skyrocketing. Many investors in DeFi were looking for an alternative. Easy wallet integration, low fees and almost instant transfer confirmation make the transition to BSC a hassle-free experience.

Users have the opportunity to easily control their farming, pools, staking, borrowing/lending operations.

Yieldwatch provides real-time data taken from the BSC blockchain: advanced statistics, built-in Impermanent Loss (IL) calculator and returns generated across multiple platforms.

 

You can read about impermanent loss here: https://academy.binance.com/en/articles/impermanent-loss-explained 

Currently, Yieldwatch supports such DeFi projects (active icons, press => go to the website)

How does it work?

Go to yieldwatch.net, choose a platform where you farm or stake an asset, enter your BSC wallet address, click on the binoculars and wait for your data to be extracted from the blockchain. It takes a few seconds.

The interface will then display your current assets. You can see an example in the screenshot below.


There is a paid PRO version. It includes the following options:

- updating prices in real-time;

- checking when exactly you deposited funds and LP into the storages. Also, you can reach each of your transactions via the link;

- average APY (annual interest rate) on deposits and combined income on platforms; 

- cost of LP tokens;

- Impermanent Loss option button;

- the equivalent of assets in base currencies units.

Technically, the standard version is sufficient for a beginner if you use a couple of services.

Terminology and notation:

Total Deposit - the current value of your deposited assets

Total Yield - the present value of the profit received from depositing.

Total Debt - borrowed assets

Wallet Balance - tokens in the wallet

Pending - rewards that have not been collected and are pending

Total - rewards that have already been collected

IL - Impermanent Loss (non-permanent loss) - if the value of one asset in relation to other changes, a smaller amount can be withdrawn from the deposit than was initially invested. It actually means impermanent loss.

LP Earnings - IL + trading fees

Vault earnings - income from the sale of reward for the basic asset (can be either LP tokens or tokens)

Result - income from LP + income from the vault (the safe where you put the asset)

Conclusion: Yieldwatch functionality allows you to control all farming processes on popular DeFi sites. As an aggregator, Yieldwatch provides comprehensive information about your pools, vaults, staking and farming. This tool will help you see twists and turns of your profitability without having to switch between sites.

 

Yield Farming Tools

 

https://yieldfarmingtools.com/ 

 

Yield Farming Tools is a cross-functional dashboard for managing DeFi liquidity pools and monitoring your impermanent losses/profits in real-time. You can use various DEX exchanges, such as Uniswap, Balancer and Sushiswap. More AMM will also be possible in the future.

The point is the same - monitoring the exact ROI of your investment.

Connect the metamask wallet on the Ether network and check all the necessary information on your pools and farms.

The thing is that Yield Farming Tools is a real-time view of ROI, including hourly, daily and weekly returns for the liquidity pools supported. It calculates how many tokens you have earned, the current total value locked in the pool, and other statistics.

 

The platform also has a carefully chosen list of liquidity pools that allows you to filter by risk level (smart contract risk), provider (Uniswap, Sushi, etc.), collateral (type of cryptocurrency rates) and reward (ROI). This makes the analysis of farming platforms much more effortless.

Conclusion: Yield Farming Tools provides tons of different resources, offering the essential data to monitor your investment.

 

DOUBLE TOP | Website | YouTube | Chat | Services








Dashboards

Hey speculator, DOUBLE TOP keeps you updated with a series of posts about popular, useful services and tools for farming.

Yield Farming is a process of rewarding tokens in exchange for providing liquidity to the DeFi market. Farming can be simple or complex since users develop accurate strategies to maximize their profitability.

Dashboards are tools that show information from one or more sources based on metrics, financial indicators, reports. Considering this data, we decide how to use the financial instrument and which strategy to choose.

A fairly large number of these services are presented on the market. You will learn about two of the most popular and usable tools used on the BSC (Binance Smart Chain) and ETH (Ethereum) networks.

 

Why do we need dashboards?

The efficiency of farming directly depends on what information the platform provides to us as users and liquidity providers. Since the interaction processes of smart contracts in DeFI projects may beunclear to everyone, the developers of such services did their best to structure and provide only the most necessary information to the user.

Who needs dashboards?

In the first place, dashboards will be helpful to those who constantly farm on different DeFi platforms. Farming is a financial strategy where one needs to be conscious of all the risks and benefits.

It will be helpful for those who use the monitoring process to be on top of the situation and make decisions quickly.

We’ll talk about Yieldwatch and Yield Farming Tools.

Yieldwatch 

https://www.yieldwatch.net/ (BSC Network)

Yieldwatch is a smart yield dashboard that allows you to track your liquidity pools, yield and token allocation performance through a simple user interface, also optimized for mobile devices.

Yieldwatch entered into the picture when the Ethereum network was overloaded, and transaction fees were skyrocketing. Many investors in DeFi were looking for an alternative. Easy wallet integration, low fees and almost instant transfer confirmation make the transition to BSC a hassle-free experience.

Users have the opportunity to easily control their farming, pools, staking, borrowing/lending operations.

Yieldwatch provides real-time data taken from the BSC blockchain: advanced statistics, built-in Impermanent Loss (IL) calculator and returns generated across multiple platforms.

 

You can read about impermanent loss here: https://academy.binance.com/en/articles/impermanent-loss-explained 

Currently, Yieldwatch supports such DeFi projects (active icons, press => go to the website)

How does it work?

Go to yieldwatch.net, choose a platform where you farm or stake an asset, enter your BSC wallet address, click on the binoculars and wait for your data to be extracted from the blockchain. It takes a few seconds.

The interface will then display your current assets. You can see an example in the screenshot below.


There is a paid PRO version. It includes the following options:

- updating prices in real-time;

- checking when exactly you deposited funds and LP into the storages. Also, you can reach each of your transactions via the link;

- average APY (annual interest rate) on deposits and combined income on platforms; 

- cost of LP tokens;

- Impermanent Loss option button;

- the equivalent of assets in base currencies units.

Technically, the standard version is sufficient for a beginner if you use a couple of services.

Terminology and notation:

Total Deposit - the current value of your deposited assets

Total Yield - the present value of the profit received from depositing.

Total Debt - borrowed assets

Wallet Balance - tokens in the wallet

Pending - rewards that have not been collected and are pending

Total - rewards that have already been collected

IL - Impermanent Loss (non-permanent loss) - if the value of one asset in relation to other changes, a smaller amount can be withdrawn from the deposit than was initially invested. It actually means impermanent loss.

LP Earnings - IL + trading fees

Vault earnings - income from the sale of reward for the basic asset (can be either LP tokens or tokens)

Result - income from LP + income from the vault (the safe where you put the asset)

Conclusion: Yieldwatch functionality allows you to control all farming processes on popular DeFi sites. As an aggregator, Yieldwatch provides comprehensive information about your pools, vaults, staking and farming. This tool will help you see twists and turns of your profitability without having to switch between sites.

 

Yield Farming Tools

 

https://yieldfarmingtools.com/ 

 

Yield Farming Tools is a cross-functional dashboard for managing DeFi liquidity pools and monitoring your impermanent losses/profits in real-time. You can use various DEX exchanges, such as Uniswap, Balancer and Sushiswap. More AMM will also be possible in the future.

The point is the same - monitoring the exact ROI of your investment.

Connect the metamask wallet on the Ether network and check all the necessary information on your pools and farms.

The thing is that Yield Farming Tools is a real-time view of ROI, including hourly, daily and weekly returns for the liquidity pools supported. It calculates how many tokens you have earned, the current total value locked in the pool, and other statistics.

 

The platform also has a carefully chosen list of liquidity pools that allows you to filter by risk level (smart contract risk), provider (Uniswap, Sushi, etc.), collateral (type of cryptocurrency rates) and reward (ROI). This makes the analysis of farming platforms much more effortless.

Conclusion: Yield Farming Tools provides tons of different resources, offering the essential data to monitor your investment.

 

DOUBLE TOP | Website | YouTube | Chat | Services