DeFi stands for Decentralised Finance and enables the transfer or trading of crypto assets within one or more decentralised networks (blockchains). The requirement for this is the smart contract capability of the corresponding blockchain (Terra Classic). Often, your crypto assets do not even have to leave your private crypto wallet. It is enough to sign a smart contract between you and the decentralised application (dApp).
Terra Classic DeFi transactions can be imported automatically into your Blockpit Wallet Integration via public key.
The following Terra Classic (LUNC) based DeFi-transactions are automatically imported:
General
All native transactions (incl. Governance, Staking, Delegating, etc.)
All synced balances
IBC-Transfers (Bridging)
Terra Classic is based on Cosmos SDK, and therefore able to communicate with other Blockchains also based on Cosmos SDK. CW20 Tokens - all basic operations
CosmWasm is a smart contract platform. CW20 can be compared to the ERC20 token standard.
Swaps (Trades)
Swaps are the exchange (trade) of one crypto asset for another. Swaps are processed via decentralized exchanges (DEX).
The following dApps are supported:
Terraswap
Terraswap Clones
My swap is recognized as unlabeled Deposit and Withdrawal?
NFTs (ERC721)
Inflows and outflows of Non Fungible Tokens (NFTs) are automatically imported into your Terra Classic Integration in the form of unlabeled Deposit, unlabeled Withdrawal or Trade transactions.
Your NFT assets will be created completely dynamically through your Public Key.
The following NFT Transactions and dApps are supported:
Mints
Claims
Transfers
RandomEarth Exchange (Mints, Trades, Offers)
Liquidity Providing/Mining
The providing of crypto assets in so-called liquidity pools is represented in the form of several swaps or trade transactions. The crypto assets provided are exchanged in equal parts for a so-called LP token. This LP token then represents your share in the corresponding liquidity pool. As soon as you leave the pool again, it is swapped back.
The following dApps are supported:
Terraswap
Terraswap Clones
My LP transaction is recorded as unlabeled Deposit and Withdrawal?
Lending
Lending is usually based on a change of allocation of your assets. By borrowing your crypto assets, so-called lending rewards can be earned.
The following lending applications are supported:
Anchor-Protocol (Borrowing, Liquidations, Rewards)
Staking, Airdrop & Bounty Rewards
If rewards are getting imported as unlabeled Deposit, you can relabel these transactions to the appropriate transaction label (Staking, Lending, Airdrop or Bounty) as shown in the image below.
Tip: Free NFT mints can be relabeled as Airdrops. You can identify them by the transaction note "Fallback_Claim".
Troubleshooting:
My transactions are imported incorrectly!
- Create your integration a second time under a different name and check if your transactions are now imported correctly.
- If your transactions are imported under an incorrect transaction label, you can edit them manually. Alternatively, please send us your public wallet address (public key) as well as the corresponding transaction hash from Terrafinder via ticket.
Currently, transfers from smart contract interactions cannot be imported. Missing transaction data must be added manually.
My asset balance is displayed incorrectly!
Due to the issue mentioned as important above, there may be discrepancies in the synchronized asset balance of your integration. Manually imported transactions in automatic Wallet Integrations have no effect on the asset balance displayed, but only on the calculated asset balance in your tax report.
How does the asset balance calculation differ between Automatic and Manual Integrations?
Why is the value of some assets not displayed in the dashboard?
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