Topic: DeFiHelper — non-custodial DeFi investment assistant (Read 249 times)

We are continuing to roll out our next update (https://defihelper.medium.com/january-march-2022-digest-958360af087). The update will turn DeFiHelper into a fully-fledged portfolio manager with automation functionality. We are also adding other functionalities in the process.

Here are a list of our most recent changes:

— DeFiHelper now supports 11 networks, 482 protocols, and 3,471 contracts.

— The main page (https://defihelper.io/) has undergone a radical redesign. It now includes a video intro and more information about the protocol.

— The Bridges section (https://app.defihelper.io/bridges) has been added. You no longer need to look for proven bridges for transferring their digital currencies across networks, as they are now all grouped conveniently in a go-to list.

— A Simulation mode function has been added along with prompts for users upon initial login. Simulation mode allows you to experience the full functionality of the service as if you had a wallet connected with a large number of tokens across several wallets and centralized exchanges.

— The new ‘Buy LP tokens’ section allows you to purchase liquidity pool tokens directly through the DeFiHelper interface.

— The first governance initiative (https://app.defihelper.io/governance) has been successfully submitted and acted upon. The DeFiHelper DAO will be launched in the summer of 2022.

If you can think of some specific functionality that could benefit DeFiHelper, please submit a request in the following section: https://app.defihelper.io/roadmap.

Do not forget to visit our YouTube channel (https://www.youtube.com/channel/UCLmBfSUb2Ip88W9jlxwQzgw), which contains numerous video tutorials and instructions that users might find helpful. Should you have any questions, please do not hesitate to contact us via the official chat channels.

Best Review Contest. 2,000 USDT to be won

Dear friends, we have recently released a major update and an even bigger update is currently under development. We would like to receive your feedback and are launching a contest for this purpose.

Here is what you have to do:
https://defihelper.medium.com/best-review-contest-2000-usdt-to-be-won-ab8db6b02ff9

Five winners will be chosen among those who will fulfill all the conditions of the contest and write the highest quality reviews. The winners will share the prize money of 2,000 USDT.

The contest will end on May 31, 2022 at 09:00 UTC time. After that, the results will be tallied and the names of the winners will be published within one or two days.

I saw on the website that it contains pictures such as program code, I'm not very familiar with DeFiHelper , but from ann what I read this is a kind of DeFi project usually with the advantage of helping programmer or bot code that will make it easier to do anything on their platform, or I I think this is central to DeFi instant creation to make it easier for programmers to build it with pre-prepared code. They look more powerful than the average DeFi.

I'm not a programmer, but I understand a little basic programming, after I looked at your website I think your project has a mission to help blockchain programmers who want to build DeFi make it easier for them with the platform you build in the future. It's quite unique, but the information about the code I'm getting is so minimal, I don't know if it's just an image if this is the project's lofty goal. If I'm right, I hope I can look at the code documentation as a big dictionary.

DeFiHelper Roadmap for 2022
Key events planned for the rest of 2022.

May — June:

— Full connection (with automation and auto-staking) of new protocols. We have partnered with over a dozen major DeFi protocols. Their total TVL exceeds $1.5 billion. In the coming months, we will gradually connect partner protocols.

—  Support for new large networks. Solana and Terra are in priority.

— The conversion of our portfolio tracker into a full-fledged portfolio manager. DFH will learn how to create a user profile, assign a risk level to protocols and tokens, and issue individual investment recommendations.

— Automation of trailing stop loss and trailing take profit on decentralized exchanges. This functionality is being developed in partnership with a major DeFi protocol.

—  Launch of the DFH token on the Ethereum network and several level 2 networks.

— Launch of fundraising for the Seed round.
 
Second half of 2022:

— Connection of all key blockchains and rollups.

— Complete connection (with automations and a yield boost) of at least several dozen of the largest DeFi protocols.

— Purchase of cryptocurrency directly from the DFH interface.

— Built-in crypto wallet.

— Built-in insurance against DFH hacks and falling prices for crypto assets.

— Mobile application for iOS and Android.

— Launch of the investment strategies marketplace. It will be possible to find ready-made investment strategies and follow them automatically.

— Launch of a referral program.

— Launch of the Ambassador Program.

— Localization of DFH into other languages.

— Public token sale.

— Listing of the DFH token on one of the largest centralized exchanges.

You can create development proposals and vote for existing proposals at https://app.defihelper.io/roadmap.


https://defihelper.medium.com/defihelper-roadmap-for-2022-a50e030c31d6

🏆 Best Review Contest. 2,000 USDT to be won!

Dear friends, we have recently released a major update and an even bigger update is currently under development. We would like to receive your feedback and are launching a contest (https://defihelper.medium.com/best-review-contest-2000-usdt-to-be-won-ab8db6b02ff9) for this purpose.

Five winners will be chosen among those who will fulfill all the conditions of the contest and write the highest quality reviews. The winners will share the prize money of 2,000 USDT.

https://medium.com/@defihelper/best-review-contest-2000-usdt-to-be-won-ab8db6b02ff9

DeFiHelper has been selected for the BNB Chain MVBIV Incubation Program

https://twitter.com/BNBCHAIN/status/1514270664978575365

What is DeFiHelper and how is it useful? Check out this video to see the app in action:

https://studio.youtube.com/video/pVTxnp0qujw/edit

Three months have passed since the launch of DeFiHelper. What have we done in the last 3 months?

TLDR:
— $500,000 Pre-Seed round
— First partnership
— YouTube channel
— Support for 4 chains and 400 protocols
— Purchase of LP tokens from the DFH app
— Real APR tracking
— New condition in the automations' constructor (Contract metric)
— Integration with centralized exchanges (Binance, FTX etc.)
— Working on the next major update

Read more: https://defihelper.medium.com/january-march-2022-digest-958360af087

DeFiHelper is now on Coinmarketcap. Don't forget to add it to your watchlist.

https://coinmarketcap.com/currencies/defihelper/

One of the things that everybody likes about DeFiHelper is its ability to track all of the user’s crypto assets through a single interface. You can connect any number of wallets across any network and get a complete overview of your holdings across chains.

Not only is this convenient, but it also helps you preserve your funds. Here is a real-life example: one of our early users said that when he started using DeFiHelper, he discovered a forgotten wallet with $30,000 (!). A year ago, he had placed the funds onto the wallet and forgot about them. If not for DeFiHelper, the tokens could have remained on that wallet forever.

DeFiHelper has received a grant from Perpetual Protocol, a major DEX with a market cap of $300 million. We will be connecting the Perpetual smart contracts as well as the Optimism network in the near future.

1. DeFiHelper is decentralized and non-custodial. We don't have any pools/vaults and don't hold users' keys. Read our recent article on security:
https://defihelper.medium.com/how-defihelper-keeps-your-funds-safe-de3fa882ec57

2. You can connect your wallet and work from Ledger. We don't have any pools or vaults. DeFiHelper helps manage and automate investments across other DeFi protocols.

3. We do not make investment decisions for users. We provide a tool, nothing more.

4. We charge $1 per in native tokens execute action (blockchain transaction) + the network fee.

Nice to be able to automate ones DeFI activities, however can you clarify the following please:

• Do users have to trust you by depositing their crypto to you and then you manage it from there? If that is the case what assurances do users have that you will not rug pull and disappear?
• What do users do that have crypto on Ledger? Can you connect via metamask and work from the crypto on the Leger or do you have to transfer to your contract?
• Do you make the investment decisions for users or do they have to specify an investment and then you just manage the specified investment?
• How will the fees work as each time you touch coins like withdrawing a stake there are fees. Do you then have to give you L2 tokens plus L2 base tokens for fees?

DeFiHelper Secures $500,000 In Its Pre-Seed Investment Round

DeFiHelper (https://defihelper.io/), an investment tool that helps investors of any scale to easily manage and automate their DeFi investments across 300+ protocols, closed its $500,000 Pre-Seed funding round — just two months after its public launch. The round was led by Big Brain Holdings with other participants including 6K Starter, CryptoOMG Capital, a major Russian VC fund and a number of business angels.

DeFiHelper is an advanced non-custodial decentralized assistant for managing and automating DeFi portfolios of any size. Its core product functions include no-code automation, auto-staking, portfolio tracking and notifications. The product was launched into public beta in late December 2021.

The Founder and the CEO of DeFiHelper is Vladislav Komissarov, who has about 20 years of experience as a developer and technical director in many IT projects. The R&D team is led by Ilya Munerman, who has a PHD in economics, and is a lecturer at the New Economic School and HSE University.

“Crypto is growing at an explosive pace. Globally, the total number of crypto users is approaching 300 million people. The total user base of DeFi skyrocketed from 100,000 to 4,500,000 users in just two years. Despite its exponential growth, the market is still deprived of sophisticated non-custodial tools for managing and automating DeFi portfolios. All available apps have limited functionality and steep entry barriers, even for the people who have some experience with crypto. Our goal is to change this situation and create an app, which will be as easy and intuitive as the best-in-class bank and brokerage mobile apps.” says Vladislav Komissarov, the Founder of DeFiHelper.

Big Brain Holdings
Big Brain Holdings is a US-based crypto-exclusive VC fund investing in Pre-seed, Seed and Early Stage Projects. The fund invested in numerous crypto projects, such as MetaStreet, Hawksight.co, NEARton, MeanFi and many others.

6K Starter
6K Starter is a nucleus of angel investors and community builders in the Cryptoverse. Passionate about investing in companies and projects that are contributing to the adoption of cryptocurrency, the fund’s portfolio includes Boson Protocol, Enjinstarter, Ancient Kingdom, PlasmaPay and others.

Auto-staking is one of the most powerful features of DeFiHelper. Autostaking significantly increases the profitability of staking, sometimes multifold, and it can be enabled in just a few clicks, but if you are a newcomer, this article will help you make sense of the function.

https://defihelper.medium.com/how-to-enable-auto-staking-in-defihelper-698064069408

Our Pre-Seed investment round is almost closed, and things are moving much faster than we expected. Several US-based funds have invested $260,000 in DeFiHelper, and more are on the way. Some investors found us by themselves — we didn't reach them out, they just approached us and agreed to invest within hours after a short call.

We expect to close the Pre-Seed round in the coming days.

DeFiHelper Launches Into Public Beta Today

DeFiHelper has launched into public beta today. The service is now available to everyone. Just go to https://app.defihelper.io/, connect your wallet and automate your investments in DeFi protocols.

Please note that DeFiHelper is at the MVP stage. Only the basic set of functionality is available at this point of launch, including portfolio management, notifications, and automation. Over the course of the next month or two, the development team will expand the functionality of the service and expects to connect at least 100 more protocols.

At the moment, DeFiHelper is fully operational on Ethereum, Binance Smart Chain, Avalanche, Moonriver, and Polygon mainnets. The audit of the DeFiHelper’s automation contracts was performed by our long-standing partners at HashEx: https://blog.hashex.org/defi-helper-smart-contracts-audit-report-4715ac2e176b

In the coming weeks, we will continue to eliminate the bugs and refine the interface, making it more convenient. Should you encounter any errors during operation or find any difficulty in interacting with the interface, please do not hesitate to write in the chat https://t.me/defihelper_chat or send an email to [email protected].

If you want to propose a new feature or a new protocol to support, do not hesitate to create a proposal: https://app.defihelper.io/roadmap

The public launch of the DFH token will take place no later than February 10th, 2022.

The launch of DeFiHelper has been postponed until December 20th (next Monday).

Our partners from HashEx finished their audit report yesterday. We need some more time to fix all remaining bugs and fine tune the code.

Automation is the core function of DeFiHelper (DFH). We have already covered the architecture of the platform and the details of its automation in a previous article. Now it is time to review the key feature of DFH — the auto-staking function.

https://defihelper.medium.com/auto-staking-explained-da5fbab082e0

On December 15th — next Wednesday — DeFiHelper (https://defihelper.io/) will make the transition from closed Beta to open Beta testing. Up until the current moment, access to the service was only available via invitations. With the transition to open Beta testing, DeFiHelper will be accessible for every user.

Our partners from HashEx (https://hashex.org/) are also planning to complete their audit of DeFiHelper smart contracts by the end of this week.

We are entering the final stretch. HashEx (https://hashex.org/), one of the leading blockchain security firms, has started a security audit of DeFiHelper smart contracts. The launch is less than two weeks away!

If you want to participate in the beta testing, leave a message in the community chat: https://t.me/defihelper_chat

BTW, we have been testing DeFiHelper with the Smartcoin protocol (https://smartcoin.farm/) on the Avalanche network, and successfully boosted the APY from 4,000% to close to 5,000%.

You can now autocompound whilst you are asleep.

DefiHelper project binds users because this low transaction fee will make users more comfortable doing transactions without having to think about transaction fees, I like the concept of the DefiHelper project, I hope to join to do more promotions

What is DeFiHelper?
DeFiHelper seeks to be the most advanced non-custodial DeFi investment tool on the market. The capabilities of DFH can be divided into four main capacities:

Auto-staking
- DFH helps you earn more on staking by automatically adding your profits to the deposit, effectively auto-compounding your interest.
- Our mathematical model (https://defihelper.io/static/media/Math_Behind_DeFiHelper.pdf) makes decisions by taking into account current and historical fees, the prices of tokens, and other factors. The model is described in greater detail in a dedicated article.

Portfolio
- Overview of the entire DeFi portfolio.
- Continual monitoring of users’ portfolios in all popular blockchains: Ethereum, Avalanche, BSC, Polygon, Waves. More blockchain integrations are planned for the near future.
- Daily notifications of changes in portfolio valuation sent via Telegram.
- Tracking of impermanent losses.
- Historical data (for blockchains that have historical data).

We constantly monitor the total value of the portfolio in dollar equivalent and separate altcoins from stablecoins, giving a clear assessment of the impact of impermanent loss on the user’s portfolio.

Notifications
- Major updates on the protocols users follow.
- Important market movements.
- Sudden changes in profitability.

The rate of profitability is directly dependent on how quickly the user learns about the changes taking place in their portfolio’s value, relevant project news, and market dynamics.

No-code automation
- Creation of automated investment strategies without having to know coding.
- Application of ready-made high-yield investment strategies found on the marketplace (coming soon).

The automation of routine actions on the blockchain has never been so easy. Users can automate the collection of rewards for low gas periods, exchange half of their tokens for stablecoins to form a reserve fund, restake the remaining half, or urgently exit the protocol if the price of the token drops below a specified amount (this usually happens when users are asleep).



DFH is non-custodial, which means it doesn’t have access to users’ private keys. The app only performs the actions that users authorize via a special contract that is always under their control.  

DeFiHelper is currently in closed beta and will be launched in public beta in December 2021.

If you want to participate in the closed beta testing, drop us a message via Discord or Telegram.

Links
Website: https://defihelper.io/
Github: https://github.com/defi-helper
Litepaper: https://defihelper.io/static/media/DeFiHelper_litepaper.pdf
Telegram: https://t.me/defihelper_chat
Discord: https://discord.gg/2sT3bmjPhf
Blog: https://defihelper.medium.com/