DeFi import solution for Fantom (FTM) 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 (Fantom). 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).

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

 

The following FTM based transactions are automatically imported:

General

check.png All native transactions (incl. Governance, Staking, Delegating, etc.)
check.png All synced balances (minor limitations)

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:

check.png Sushi Swap
check.png Spirit Swap
check.png Spooky Swap
check.png ProtoFi
check.png Dark Knight
check.png Redemption
check.png Tomb Swap V2
check.png Paraswap
check.png VolatileV1
check.png Solidex
check.png+ many more DEXs

Why is my swap recognized as unlabeled Deposit and Withdrawal?

NFTs (ERC721)

Inflows and outflows of Non Fungible Tokens (NFTs) are automatically imported into your Fantom 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:

check.png Mints
check.png Claims
check.png Transfers
check.png 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:

check.png Sushi Swap
check.png Spirit Swap
check.png Spooky Swap
check.png ProtoFi
check.png Dark Knight
check.png Redemption
check.png Tomb Swap V2
check.png Paraswap
check.png VolatileV1
check.png Solidex

Why is my LP transaction imported as unlabeled Deposit and Withdrawal?

 

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 FTMScan 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 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 Fantom wallet?

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