Crypto Scam Websites Remain A Major Concern As Crypto Wave Engulfs India

Ravendex Launches Rave NFT Collection on Cardano Blockchain

Ethereum is Losing Out to Solana in NFTs, Claims JPMorgan

Union Bank of the Philippines Selects IBM, Metaco for Crypto Custody

MAS Wants Its People to Understand The Risks Associated With Crypto

<h3>Cryptoknowmics Headlines 9th March</h3>1. Bitcoin Is Gold 2.0, Better Version of Gold: Eric Demuth, CEO of Bitpanda<a href="https://www.cryptoknowmics.com/news/bitcoin-is-gold-2-0-better-version-of-gold-eric-demuth-ceo-of-bitpanda">https://www.cryptoknowmics.com/news/bitcoin-is-gold-2-0-better-version-of-gold-eric-demuth-ceo-of-bitpanda</a>2. HashCash Plans To Pour USD 10Million In Indian Crypto Economy<a href="https://www.cryptoknowmics.com/news/hashcash-plans-to-pour-usd-10million-in-indian-crypto-economy">https://www.cryptoknowmics.com/news/hashcash-plans-to-pour-usd-10million-in-indian-crypto-economy</a>3. United Kingdom (UK) Gets Tough With Recent Updates In 5MLD<a href="https://www.cryptoknowmics.com/news/united-kingdom-uk-gets-tough-with-recent-updates-in-5mld">https://www.cryptoknowmics.com/news/united-kingdom-uk-gets-tough-with-recent-updates-in-5mld</a>4. Bitcoin Halving Suffers from a Slump in Google Searches<a href="https://www.cryptoknowmics.com/news/bitcoin-halving-suffers-from-a-slump-in-google-searches">https://www.cryptoknowmics.com/news/bitcoin-halving-suffers-from-a-slump-in-google-searches</a>5. Bitfinex Launches Tether Gold Facilitating Arbitrage Trading<a href="https://www.cryptoknowmics.com/news/bitfinex-launches-tether-gold-facilitating-arbitrage-trading">https://www.cryptoknowmics.com/news/bitfinex-launches-tether-gold-facilitating-arbitrage-trading</a>6. Link's future, 5% surge or 12 to 19% downturn?<a href="https://www.cryptoknowmics.com/news/links-future-5-surge-or-12-to-19-downturn">https://www.cryptoknowmics.com/news/links-future-5-surge-or-12-to-19-downturn</a>7. Cardano to blast off by 7 to 20% after a minor downturn<a href="https://www.cryptoknowmics.com/news/cardano-to-blast-off-by-7-to-20-after-a-minor-downturn">https://www.cryptoknowmics.com/news/cardano-to-blast-off-by-7-to-20-after-a-minor-downturn</a>8. Jack Dorsey Receives Support From Musk And Buterin<a href="https://www.cryptoknowmics.com/news/jack-dorsey-receives-support-from-musk-and-buterin">https://www.cryptoknowmics.com/news/jack-dorsey-receives-support-from-musk-and-buterin</a>9. Ethereum Classic aka the original Ethereum shows potential 8 to 10% surge<a href="https://www.cryptoknowmics.com/news/ethereum-classic-aka-the-original-ethereum-shows-potential-8-to-10-surge">https://www.cryptoknowmics.com/news/ethereum-classic-aka-the-original-ethereum-shows-potential-8-to-10-surge</a>&nbsp;

HashCash Plans To Pour USD 10Million In Indian Crypto Economy| Cryptoknowmics

After the Monetary Authority of Singapore (MAS)<a href="https://www.cryptoknowmics.com/news/singapore-crypto-atms-shut-down-following-mas-guidelines/" target="_blank" rel="noopener"> outlawed</a> cash-to-crypto terminals as part of a broader crackdown on advertising cryptocurrencies to the public, Singapore's top operators of crypto ATMs were compelled to shut down their cash machines on Tuesday. Singapore's ban follows similar advertising limits enacted in Spain and the United Kingdom.

This came as a shock to the people, as the country is known as one of the most active nations when it comes to cryptocurrencies. Singapore was named the world's most crypto-friendly economy by fintech firm Coincub in December, citing the city's "good legislative environment and high rate of cryptocurrency acceptance." However, the legislative climate in the city-state now appears to be less favorable.
<h2>Authorities Justify it by Saying People Should Consider the Risks First</h2>
The Singapore Monetary Authority announced new instructions on the "supply of digital payment token [DPT] services to the public" last Monday, stating that crypto operators "shall not promote their DPT services to the general public."

ATMs, which let people convert cash into <a href="https://www.cryptoknowmics.com/news/advantages-of-playing-bitcoin-casino-games-in-2022/" target="_blank" rel="noopener">Bitcoin</a>, Ether, and other digital currencies, were singled out by the MAS. The central bank warned that the simplicity of cash-to-crypto machines could drive people to acquire Bitcoin and other virtual currencies "on the spur of the moment, without thinking about the risks."

"The public should not be encouraged to engage in the trading of digital payment tokens," MAS stated, adding that it has consistently cautioned the public that the trading of digital payment tokens is highly dangerous and not suited for the general public.

This year has seen a surge in cryptocurrency investment all around the world, and <a href="https://www.cryptoknowmics.com/news/indian-crypto-industry-pursues-tax-clarity-in-union-budget-2022-23/" target="_blank" rel="noopener">India</a> was no exception. According to recent research, the world's second-most populous country is poised to be a major player in the global crypto market. Coinstore's daily traded volume has increased dramatically since it began active operations in June 2021, increasing from $10,000 to $40 million per day. Asian and African countries, which account for over 70% of the market, have seen rapid expansion.

But this development came with an even greater price last year. According to statistics from blockchain analytics firm Chainalysis, Indians have visited bogus crypto websites in droves in recent years. Last year, Indians visited crypto scam websites 9.6 million times. The figure was substantially greater in 2020 when Indian users visited crypto scam websites 17.8 million times.

Coinpayu.com, adbtc.top, hackertyper.net, dualmine.com, and coingain.app were the top cryptocurrency scam websites frequented by Indians in the past year, according to Chainalysis.
<h2>Enforcement Directorate confiscate assets worth about $5 million </h2>
Several<a href="https://www.cryptoknowmics.com/news/bitcoin-org-site-appears-hacked-to-a-crypto-giveaway-scam/" target="_blank" rel="noopener"> Bitcoin scam</a> instances have been investigated by Indian authorities. The country's Enforcement Directorate (ED) confiscated assets worth $5 million earlier this month in connection with an alleged cryptocurrency scam using Morris Coin.

Scams using cryptocurrency are a top priority for regulators around the world. Crypto frauds are at the top of the North American Securities Administrators Association's (NASAA) "annual list of top investor concerns," according to the organization. Furthermore, the US Federal Trade Commission (FTC) recently issued a warning to customers concerning Bitcoin ATM scams.

Samaa TV reported last Tuesday, citing FIA Director Babur Bakht Qureshi, that <a href="https://www.cryptoknowmics.com/news/pakistan-government-says-they-are-not-against-crypto-investments-appeals-for-regulations/" target="_blank" rel="noopener">Pakistan's </a>Federal Investigation Agency (FIA) has written to the Pakistan Telecommunication Authority (PTA) seeking a prohibition on the access to more than 1,600 cryptocurrency trading websites. Last week, the director announced his plan to seek the Telecommunications Authority over the shutdown of various crypto websites. Cryptocurrency, he believes, is being used for money laundering.

Qureshi said “a list of those involved in the Bitcoin trade is being compiled," according to the website. When Bitcoin is banned in Pakistan, he says, "These guys would be jailed." Furthermore, Qureshi stated that those who promote cryptocurrency in Pakistan will be prosecuted. The director was cited as adding, "These persons are on the radar of the agency, and action will be done against them soon."
<h2>Pakistan Still Comprehending What To Do with Crypto</h2>
Pakistan's government is debating whether or not to ban or regulate <a href="https://www.cryptoknowmics.com/news/more-countries-are-expected-to-acquire-bitcoin-citing-very-high-stakes-game-theory-according-to-fidelity/" target="_blank" rel="noopener">Bitcoin</a>. Shibli Faraz, Pakistan's minister of science and technology, said last Monday during the country's inaugural blockchain summit, which his ministry co-hosted, that the government plans to "regularize" cryptocurrencies in Pakistan. He went on to say that the finance ministry, the State Bank of Pakistan, and the<a href="https://www.secp.gov.pk/" rel="nofollow"> Pakistan Securities and Exchange Commission</a> are all working on a strategy right now.

The State Bank of Pakistan (SBP), on the other hand, has already decided to outrightly ban cryptocurrencies. The central bank presented a report to the Sindh High Court last week suggesting that cryptocurrency be banned entirely.

Pakistan’s FIA Asks Telecom Authority to Block Over 1600 Crypto Sites

All of us think that the information uploaded on the internet always remains there. However, this is not the case, in reality, the websites, data that make up the whole internet are often censored, changed, and sometimes removed also. Big centralized enterprises such as <a href="https://www.cryptoknowmics.com/news/aws-outage-affects-dydx-causing-decentralisation-concerns/">AWS</a>, Google Cloud, IBM, DELL EMC store most of the data on the internet. They act as a medium in providing users access to applications, websites and can easily revoke our access anytime. In case these companies don’t have enough funding to maintain the servers, our data can also disappear. Long-term data storage is a big problem faced by internet users currently. Arweave solves all of these problems by following a decentralized approach.
<h2>What is Arweave?</h2>
<a href="https://www.arweave.org/">Arweave</a> is a decentralized protocol that allows you to store data permanently on the internet by paying fees only one time. It connects people who need storage to those people having disk space on their hardware devices. It is designed to provide internet users with permanent, cost-efficient data storage.

Arweave is built differently than any major blockchains such as Ethereum, Cosmos, Solana, etc. It is built on the blockchain-like data structure called blockweave. In blockweave, each block is linked to the previous block and to a recall block (a random block from the history of the blockweave).

The blockweave supports a permanent and decentralized web called the permaweb. It is a collection of websites, data, and decentralized apps (dApps) that can be easily accessed by users through internet browsers. Arweave’s native token AR is used for transactions fees on the network and also used to incentivize miners for storing copies of data and mining new blocks.

<img class="alignnone wp-image-226011 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/grafs-1-1024x683.jpg" alt="" width="1024" height="683" />
<h2></h2>
How does Arweave Works?

<img class="alignnone wp-image-225874 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/Arweave-protocol-review-1024x683.jpg" alt="Working of Arweave" width="1024" height="683" />

The above diagram shows the structure of the Arweave Protocol.

Similar to traditional blockchains, all the information of websites and applications on the permaweb is stored in the collection of blocks that form blockweave. In a traditional blockchain like Ethereum, each block is linked to its previous block. However, in the case of Arweave’s blockweave, each block is linked to its previous block and another random block from the blockweave history known as its recall block. Recall block is a key element of Arweave’s consensus mechanism, known as PoA. 
<h3>Here’s how Proof-of-Access works: </h3>
Miners provide data storage and also store copies of data stored in the network in exchange for AR tokens. They are responsible for maintaining the blockweave network. Miners have to provide cryptographic proof that they have access to the recall block, then only they can mine or verify a new block. This is the reason, why Arweave’s consensus mechanism is called PoA. Arweave’s goal of long-term data storage is made possible due to miners following the rules set by the proof of access consensus mechanism. When a rare recall block needs to be linked, miners storing that rare block have to face less competition against other miners, and the probability of receiving block reward increases. Thus, for miners who also store rare blocks, their chances of getting more rewards increase in the long term. It is not compulsory for miners to store all the data in the network. 

Miners can choose which block or transactions, they would like to store. Miners can also create their own “content policy” which will restrain certain information from being stored on their hardware devices. Whenever data distribution takes place, it scans the content policies of each miner, and if the content is restricted by the miner’s content policy, that particular data will be not accepted by the miner’s transaction pool.
<h2>Tokenomics of Arweave</h2>
AR tokens are used for payment by users for storing their data permanently on the Arweave network. AR tokens are also received by miners for storing data and mining new blocks. All the transaction fees of the Arweave network do not go to miners at one time. The majority of transaction fees go to a storage “endowment”, fees are gradually disbursed to miners over time from this endowment. User pays fees only one time and interest accrued on it is distributed to miners. This incentivization cliff measure is taken to minimize the AR token volatility while also preserving the long-term survival of the mining-based consensus mechanism.

Arweave's blockweave data structure uses Proof of Access as a consensus mechanism. AR tokens have a maximum supply of 66 million. AR tokens have a current circulating supply of 50 million. On the network's launch, 55 million tokens were produced in the genesis block, and 11 million tokens were later added into circulation for mining rewards.

Arweave conducted an initial coin offering of 8.7 million tokens on 6 June 2018. Over 30,000 unique individuals applied to participate in Arweave’s ICO. Of the whitelisted individuals, only 1,800 individuals were selected to become participants in the network.
<h2>Conclusion</h2>
Arweave is solving the major problem of data storage, data sharing, and data identity. Due to Arweave’s amazing features, now internet users don't need to fear that their content can get removed or censored by any major entity. It is the first time that internet users are getting Permanent data storage with such low fees. Arweave has done partnerships with many blockchains and decentralized applications such as Solana, Deso, Near. All of these partners will store their data permanently on Arweave.

Arweave Protocol Review : Permanent Data Storage with Low Fees

People use bitcoin by sharing their payment address that looks like this :

mp525tN8b3v4aos32hQT8E6cepdhZVyqVC

Let us suppose this bitcoin address belongs to a shopkeeper. The shopkeeper puts this address on a poster behind the shop in the form of a QR code. Now, customers can scan that code with their bitcoin wallet application to pay for their bought items. 

The problem is anyone can look for that address in the bitcoin blockchain and can see every incoming or outgoing transaction of that address and the total bitcoin balance of the address. Anyone with that information can get an idea of how rich the shopkeeper is and how successful the shop has been in the past. This information can be exploited by bad actors such as robbers for their personal gains. Also, if we are sitting next to someone while they pay for their bought items, then we can get the idea of how rich the customer sitting next to us is, by seeing the most recent incoming transaction to the shopkeeper’s address and then looking up the balance of the sending address i.e the customer address.

So, Bitcoin does not provide full financial privacy, and your average innocent user gets no privacy whatsoever. There are various examples like this, where user privacy can be breached and information gained through it can be exploited by bad actors for their personal gains. Zcash protocol solves this problem of financial <a href="https://en.wikipedia.org/wiki/Privacy">privacy</a> for the users. It allows users to send money anywhere without risking their privacy. 
<h2>What is Zcash and How does it enhance privacy?</h2>
Zcash is a privacy cryptocurrency that provides anonymous value transfer using zero-knowledge-proof cryptography technology. <a href="https://www.cryptoknowmics.com/news/zooko-wilcox-of-zcash-wants-zec-to-be-less-like-bitcoin-and-more-like-ethereum/">Zcash</a> is a <a href="https://www.cryptoknowmics.com/news/learning-the-basic-ways-to-accept-bitcoins/">bitcoin</a> fork and most of the Zcash code is built from bitcoin’s original open-source code but there is a key difference that it uses encryption techniques in payments for privacy.

The protocol provides two choices to the user when they transact, they can choose a shielded address for their transaction which will be fully anonymous or they can choose a transparent address where their transactions will be fully visible on the blockchain.

When the user uses a shielded address for their transactions, details of transactions are not available for the public to see on the blockchain. Shielded addresses transaction information is encrypted and is not visible to the public. All the transactions that are executed by transparent addresses are visible publicly on the blockchain.
<h2>How does Zcash Works?</h2>
<h2>         <img class="alignnone size-medium wp-image-225726" style="font-size: 16px" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/z-cash-o1-300x217.jpg" alt="Anatomy of Zcash transaction" width="300" height="217" /></h2>
The above diagram shows the whole process of Zcash transactions

Zero-knowledge proofs are required to be generated when the user uses shielded addresses for transactions. It allows others to verify transaction details by keeping them private and not revealing them to the public. Shielded addresses always start with a 'z' and are called 'z-addrs'.

Similarly, when the user uses transparent addresses, all the transactions interact with the Transparent Value Pool and transactions details are publicly available in the blockchain. These transparent addresses always start with “t” and are called 't-addrs'. All the details of transaction fees of both transparent addresses and shielded addresses transactions pass through the Transparent Value Pool and are easily visible in the blockchain. 
<h2>Tokenomics</h2>
Zcash token symbol is $ZEC. Similar to bitcoin, the maximum supply of Zcash tokens is 21 million. All Zcash tokens will be mined by 2032, and Zcash block rewards will get halved every four years. In the initial four years after the starting of Zcash mining, 20 percent of its block rewards will be distributed to Electric Coin Company, and 80% of its block rewards will be distributed to miners.

At the time of writing this article, the circulating supply of Zcash is 11.99 million, the price of Zcash token is 144.40 US dollars and the market cap of Zcash is 1.73 billion US dollars.
<h2>Main Features of Zcash</h2>
<h3>Low-Fee Transactions</h3>
Transactions fees on Zcash protocol are very low i.e 0.0001 Zcash. Zcash token is supported by various crypto wallets and exchanges.
<h3>Encrypted Memos  </h3>
When a user does transactions from a shielded address, a memo field is available to fill in any information. Encrypted memos allow the sender to send information that is encrypted and not available for the public to see. Messages and important information can be passed in the memo field. The Rules of compliance made by the Bank Secrecy Act “Travel” are also followed.
<h3>Viewing Keys</h3>
For the purpose of regulatory compliance or auditing, transaction details can be revealed by the owner of shielded addresses. The owner can reveal all the incoming transactions and the info in the memo field but can’t disclose the sender’s address unless any information identifying the sender's address is already mentioned in the memo field. 
<h3>Multi-Signature Transactions</h3>
Zcash also supports transactions that require signatures of multiple parties and after their approval, the funds can be sent. The shielded address cannot be used for multi-signature transactions. However, work is in progress so that shielded addresses will also be able to do multi-signature transactions in the future.
<h2>Conclusion</h2>
Financial privacy will gain importance in near future and Zcash is fully capable to provide financial services maintaining the privacy of users. It uses an advanced cryptographic technique, zero-knowledge proof to encrypt transaction details, which restricts anyone from the public from seeing the details of transactions. In the coming future, we will see many upgrades in the Zcash protocol, which will further push its adoption. As more people will start giving attention to their financial privacy, Zcash will gain more market share in this area as Zcash is the market leader in providing financial privacy.

Zcash Protocol Review: Providing Financial Privacy to Public

As you know, the DeFi industry is one of the most profitable areas to invest in, but it can be intimidating for newcomers. It can be difficult to conduct research and keep track of your investments, let alone allocate your funds. That is why you must make use of various DeFi tools at your disposal.

However, with this growth comes the challenge of monitoring investments, which is where DeFi dashboards come in.

The DeFi world has created an unprecedented way of investing in the market, and it's a big one. You are no longer confined to the Ethereum ecosystem, thanks to the multi-chain world; you can now invest in multiple <a href="https://ethereum.org/en/dapps/">blockchain DApps</a> to diversify your portfolio and increase your wealth. 
<h2>An Overview of the DeFi Dashboard</h2>
DeFi dashboard is an app that allows you to keep track of your investments in various <a href="https://www.cryptoknowmics.com/news/your-guide-to-what-is-ethereum-and-its-various-applications/">blockchain DApps</a> from a central dashboard. This allows you to keep track of your profit/loss, your investments in various liquidity mining programs, lending, and borrowing history, as well as track NFTs.

These Defi dashboards still have a long way to go as far as DeFi innovation is concerned. Here is the list of some of the best DeFi dashboards that should be utilized to track your assets, Defi Dapp’s investment, or those of others. Furthermore, you can find out where the money is heading by following the investment of whales, which will help you make smarter investing decisions.

So, let’s read out the list of the best  DeFi dashboards available to use.
<h3>1. Yieldwatch</h3>
<img class="alignnone wp-image-225648 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/0Yieldwatch-1024x576.jpg" alt="Yieldwatch" width="1024" height="576" />

Yieldwatch.net is a sophisticated yield farming dashboard with a casual and clean UI that is optimized for mobile use. It allows users to monitor their liquidity pools, yield farming, and token staking performance.

Users may acquire all necessary information at a glance using yieldwatch.net. Moreover, there's no need to go to numerous websites and use sophisticated IL-loss calculators anymore. It is the first on Binance Smart Chain that shows deposit, pending yield, and fees earned, as well as provide an overview of the potential temporary loss.

If you're looking for a place to buy Yieldwatch, the best cryptocurrency exchanges to use right now are PancakeSwap (V2), Hotbit, ApeSwap (BSC), and JetSwap (BSC). 
<h3>2. Zapper</h3>
<img class="alignnone wp-image-225649 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/Zapper-1024x576.jpg" alt="Zapper" width="1024" height="576" />

DeFiZap is Zappper’s former name. It's a virtual transaction mechanism that allows you to move assets such as ETH or DAI between DeFi platforms. Furthermore, through the liquidity pool, this smart contract solution allows you to link various DeFi protocols at once. Because of the smooth zapper financing transactions, zaps' method is becoming rather popular.

The Zapper.fi is used to invest in various DeFi protocols in order to maximize profits. Zapper combines all the financial platforms in one spot and rates them based on many profitability metrics. Users can invest in the pool by providing liquidity, such as currency value. Simply click and deliver as much value as you desire with Zapper Crypto's one-click liquidity. Users will receive a fee, voting rights, and various bonuses depending on the investment ratio. Users will make less money if they have more liquidity.

The investment task is made even easier with Zapper's Defi dashboard. It allows you to keep track of any pool and its payouts. It will not send you to any other website, which is a very pleasant service. In the dashboard, there are six different types of tracking information. Let us take a peek around:
<ul>
 	<li style="font-weight: 400;" aria-level="1">Investment</li>
 	<li style="font-weight: 400;" aria-level="1">Liquidity pool</li>
 	<li style="font-weight: 400;" aria-level="1">Deposit info</li>
 	<li style="font-weight: 400;" aria-level="1">Wallet holding</li>
 	<li style="font-weight: 400;" aria-level="1">Yield farming</li>
 	<li style="font-weight: 400;" aria-level="1">Debt</li>
</ul>
The investment keeps track of your potential profit and loss. The liquidity pool displays the finest investment possibilities available. As a result, the deposit has value and gives you information about your assets. It's all about your financial situation when you're clutching your wallet. Yield farming displays your projected revenues from a variety of investments. The term "debt" refers to past-due bills.

For quick access, the Zapper dashboard divides all financial statuses into five key categories. It aids in the prevention of any unnecessary precautions when tracking the transaction procedure. Other bits of information are divided depending on the zapper Defi protocols or current procedures. Overall, the zapper crypto Defi dashboard is one of the nicest features.
<h3>3. InstaDApp</h3>
<img class="alignnone wp-image-225651 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/InstaDApp-1024x576.jpg" alt="InstaDApp" width="1024" height="576" />

InstaDApp is a DeFi application that allows you to interact with various DeFi protocols through a simple interface. It's now integrated with Compound Finance, which allows users to lend and borrow cryptocurrencies, as well as Kyber Network, which allows users to trade and leverage tokens. It also includes Uniswap pools and MakerDAO CDPs built-in. InstaDApp, which began in December 2018, is now the 4th most valuable DeFi platform, with a total market capitalization of $31 million.

On the InstaDApp platform, there are four major activities that you can engage in:
<ul>
 	<li style="font-weight: 400;" aria-level="1">Lending - Invest your cryptocurrency and get interest</li>
 	<li style="font-weight: 400;" aria-level="1">Borrowing - Take out a loan right from the InstaDApp dashboard</li>
 	<li style="font-weight: 400;" aria-level="1">Leverage - Increases the amount of money you can trade with</li>
</ul>
<ul>
 	<li style="font-weight: 400;" aria-level="1">Swap - Instantly swap tokens in and out of your web3 wallet</li>
</ul>
<h3>4. Frontier</h3>
<img class="alignnone wp-image-225652 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/Frontier-1024x576.jpg" alt="Frontier" width="1024" height="576" />

Frontier is a decentralized finance (DeFi) aggregator that is chain agnostic. DeFi support will be added to a number of blockchains, including
<ul>
 	<li style="font-weight: 400;" aria-level="1">BANDChain (BAND)</li>
 	<li style="font-weight: 400;" aria-level="1">Ethereum (ETH)</li>
 	<li style="font-weight: 400;" aria-level="1">Binance Smart Chain (BSC)</li>
 	<li style="font-weight: 400;" aria-level="1">Harmony (ONE)</li>
</ul>
Users can utilize Frontier's tools to manage staking, DeFi positions, best-rate asset swapping, liquidity mining, and the establishment and monitoring of collateralized debt positions (CDPs).

In a word, Frontier is offering the key DeFi functionalities to users across all platforms.
<h3>5. APE Board</h3>
<img class="alignnone wp-image-225655 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/APE-Board-1024x576.jpg" alt="APE Board" width="1024" height="576" />

Ape Board is a cross-chain DeFi dashboard, similar to Zerion and Zapper, where you can keep track of your own and others' portfolio balances across DeFi protocols. It is interoperable with the following blockchains:
<ul>
 	<li style="font-weight: 400;" aria-level="1">Smart Chain Ethereum Binance</li>
 	<li style="font-weight: 400;" aria-level="1">Terra </li>
 	<li style="font-weight: 400;" aria-level="1">Solana </li>
 	<li style="font-weight: 400;" aria-level="1">Polygon</li>
</ul>
More than 77 protocols are supported by these blockchains, which are rising.

Aave, Alpha, Compound, Cream, Sushiswap, and Uniswap, for example, are all supported on Ethereum.
<h3>6. Sonar Watch</h3>
<img class="alignnone wp-image-225664 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/Sonar-Watch-1024x576.jpg" alt="Sonar Watch" width="1024" height="576" />

If you're looking for a DeFi dashboard for the Solana ecosystem. Sonar Watch, a dashboard designed specifically for Solana users, is a must-have. In order to track the full portfolio, you can add your or someone else's Solana wallet address. The platform also allows users to view collectibles, which is a function much required in today's dashboards.
<h3>7. APY.vision</h3>
<img class="alignnone wp-image-225665 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/APY.vision-1024x576.jpg" alt="APY.vision" width="1024" height="576" />

For liquidity pool providers and yield producers, APY.vision aspires to be your go-to analytics and monitoring platform. To make a profit, all DeFi investors must keep meticulous records of all services and investments. Fortunately, this is one of the DeFi instruments that can assist you in the real-time management of DeFi liquidity positions and temporary losses. APY.vision, unlike other tools, gives an in-depth study of your investment's entry and exit positions. It can also create data for comparing temporary loss against long-term income.
<h3>8. Zerion</h3>
<img class="alignnone wp-image-225666 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/Zerion-1024x576.jpg" alt="Zerion" width="1024" height="576" />

Zerion is the most convenient method to keep track of, grow, and manage your whole DeFi portfolio in one spot. Zerion is simple to use and get started with. To track your wallet portfolio, you can connect any wallet you hold or add ETH or ENS address. Unlike others, this one appears to be restricted to the ETH environment, which I believe is restrictive. In addition to tracking, Zerion allows you to invest in indexes and give liquidity with a single click. This platform may require its own post, but it is a valuable dashboard to have in your toolbox.
<h3>9. DEFIYIELD</h3>
<img class="alignnone wp-image-225667 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/DEFIYIELD-1024x576.jpg" alt="DEFIYIELD" width="1024" height="576" />

DEFIYIELD is a DeFi tool for asset management that aims to protect investors' funds, provide an overview of assets, and identify the greatest investment opportunities. On the DEFIYIELD dashboard, users may see all of their DeFi tokens. Crypto users may easily utilize the dashboard to:
<ul>
 	<li style="font-weight: 400;" aria-level="1">Keep track of investment's metrics (profit, loss, impermanent loss, and farming rewards)</li>
 	<li style="font-weight: 400;" aria-level="1">Look for investment possibilities.</li>
 	<li style="font-weight: 400;" aria-level="1">Distribute funds among many blockchains for various initiatives.</li>
 	<li style="font-weight: 400;" aria-level="1">Keep yourself safe and secure. Users are warned about dangerous Dapps that may contain a backdoor or other malicious code.</li>
</ul>
<h3>10. DappRadar</h3>
<img class="alignnone wp-image-225668 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/01/DappRadar-1024x576.jpg" alt="DappRadar" width="1024" height="576" />

DappRadar is a portal that gives data on over 3,000 different Dapps. The firm, which is based in Lithuania, intends to grow and incorporate as many DeFi components as feasible.

DappRadar's key benefit is that it makes data analysis easier for users and developers. Users can make better and more informed decisions by examining all accessible data regarding Dapps. DappRadar is a DeFi tool that allows developers to investigate and find new Dapps, while users may access their data and become consumers.
<h2>Conclusion  </h2>
Every cryptocurrency trader has a unique strategy and portfolio, which are the two most important factors to consider when selecting the best DeFi tools. It's critical to stay on top of market movements, which is why most experienced cryptocurrency investors who are liquidity providers and yield farmers require a DeFi tool that provides real-time information on their assets.

It's crucial to note that not all of these DeFi tools support all protocols, DeFi tokens, or platforms, which is why different investors are most likely to use a different set of tools.

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