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 (AVAX). 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).
Avalanche DeFi transactions can be imported automatically into your Blockpit Wallet Depot via public key.
The following Avalanche (AVAX) based DeFi transactions are automatically imported:
General
All native transactions (Deposits, Withdrawals, Trades, etc.)
Swaps (Trades)
Swaps are the exchange (trade) of one crypto asset for another. Swaps are processed via decentralised exchanges (DEX).
The following dApps are supported:
Trader Joe Pangolin Para Swap Vapor DEX KyberSwap + many more DEXs
My swap is recognised as unlinked deposit and withdrawal?
NFTs (ERC721)
Inflows and outflows of Non Fungible Tokens (NFTs) are automatically imported into your Avalanche Depot in the form of Deposit, 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 Trades
ERC1155 NFTs currently not supported!
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:
Trader Joe Pangolin Para Swap Vapor DEX KyberSwap
My LP transaction is recorded as unlinked deposit and withdrawal?
Staking, Lending, Airdrop & Bounty Rewards
If rewards are getting imported as Deposit, you can reclassify these transactions to the appropriate transaction type (Staking, Lending, Airdrop or Bounty) as shown in the image below.
Tip: Free NFT mints can be reclassified as Airdrops. You can identify them by the transaction note "Fallback_Claim".
Troubleshooting:
My DeFi transactions are imported incorrectly!
- Create your depot a second time under a different name and check if your transactions are now imported correctly.
- If your DeFi transactions are imported under an incorrect transaction type, you can edit them manually.
Alternatively, please send us your public wallet address (public key) as well as the corresponding transaction hash from AvaScan via ticket.
Certain internal transactions on EVM Chains (e.g. deposits related to Wrapping & Bridging) can currently not be imported automatically. 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 depot. Manually imported transactions in automatic wallet depots 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 Synced- and Unsynced Depots?
Why is my asset displayed as „Unknown“ in the depot balance?
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