DeFi import solution for Terra V2 (LUNA) based applications (dApps)

DeFi stands for Decentralized Finance and enables the transfer or trading of crypto assets within one or more decentralized networks (blockchains). The requirement for this is the smart contract capability of the corresponding blockchain (LUNA). 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 decentralized application (dApp).

Terra V2 transactions can be imported automatically into your Blockpit Wallet Integration via public key.

 

The following Terra V2 based transactions are automatically imported:

General

check.png All native transactions (incl. Governance, Staking, Delegating, etc.)
check.png All synced balances
check.png IBC-Transfers (Bridging)
Terra V2 is based on Cosmos SDK, and therefore able to communicate with other Blockchains also based on Cosmos SDK.

Genesis Airdrops & Vesting

check.png Genesis Airdrops
check.png Vesting Airdrops (Vesting airdrops are already imported in your Terra V2 integration in full quantity from block 0 as airdrop.)

Staking, Lending, 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".

Screenshot_2023-05-19_at_13.01.39.png

 

Troubleshooting:

My transactions are imported incorrectly!

  1. Create your integration a second time under a different name and check if your transactions are now imported correctly.

  2. 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?

 

How do I receive an automatic tax report for my Terra V2 wallet?

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