DeFiZap is a system of smart contracts - Zaps - that deploys capital across multiple DeFi protocols in one transaction, saving users’ time and gas fees. What does this mean? You could long ETH with 2x leverage on Fulcrum and supply liquidity on Compound in ‘one-click’ by sending ETH to Lender Zap smart contract registered on ENS under Lender.DeFiZap.eth It’s important to note: when you use DeFiZap, you mint & receive the same liquidity/position tracking tokens as when separately using Uniswap, Compound, bZx, Synthetix, etc. on your own. DeFiZap doesn’t spread your money into 'top 10 on coinmarketcap' - Zaps infuse capital into DeFi protocols built on top of Ethereum, furthering user adoption.
Decentralized applications (dApps) are digital applications or programs that reside and execute on a blockchain or peer-to-peer network of computers rather than a single computer and are independent of any single authority's control. At Cryptoknowmics, you will get all the information you need to know about Dapps and their use cases.