Case Study 📁 Portals API x Harvest Finance

Harvest Finance, a decentralized protocol for optimized yield farming, integrated Portals API prior to their Harvest 4 campaign, which launched in May 2024.

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Harvest Finance, a decentralized protocol for optimized yield farming, integrated Portals API prior to their Harvest 4 campaign, which launched in May 2024. This integration aimed to expand and power the platform's asset-to-asset swaps & asset-to-farm (yield opportunity) zaps. Crucially, Portals API provided the scalable infrastructure necessary to handle the anticipated surge in transaction volume and the influx of new users expected from the campaign launch.

Portals API Features Utilized by Harvest

  1. Comprehensive Any-To-Any Asset Swap & Zap Functionality
    • Access to 20,000+ assets across hundreds of protocols
    • Efficient any-to-any asset swaps, including complex and composed assets, through Intents
    • Streamlined zaps for direct movement from one asset into yield-generating opportunities
  2. Scalable Infrastructure
    • Able to handle significant increases in users and transaction volume
  3. User-Friendly Experience
    • No service fees for users 
    • Transaction previews based on real-time market conditions
    • Auto-slippage & price impact protection for secure transactions

Impact on Harvest Finance

The integration of the Portals API led to remarkable results for Harvest in the June period:

  • Significant user growth:
In June, 41,257 unique users were onboarded through the Portals API, of a total of 53,047 users; a 78% source dominance, with BASE being the prominent network, followed by Polygon, and Arbitrum.
  • Substantial transaction facilitation
In June, the Portals API facilitated 100,555 transactions out of the over 122,140 transactions executed through the Harvest Finance platform.
  • Increased transaction volume:
In June, the Portals API was responsible for facilitating over $2.29M in total transaction volume (both deposits & withdrawals).
  • Effortless onboarding:


With access to 20,000+ assets across hundreds of protocols, users no longer have to engage in complex, off-platform transactions to start earning yield. Portals API provides the ability to swap & zap from any asset and any pool, (including LPs, RWAs, Lending Tokens, LSDs and exotic assets) into another asset, farm, vault, or pool; all within a single transaction.

General Advantages of the Portals API for DeFi Platforms

While Harvest Finance serves as a prime example, any DeFi platform can benefit from Portals API integration:

Conclusion

The success of Harvest Finance's integration of the Portals API demonstrates the transformative power Portals can offer. By providing seamless asset swapsfast & efficient zaps, and access to a vast DeFi ecosystem of protocols, Portals API enables platforms to focus on their core value propositions while offering comprehensive Web3 functionalities to their users.


🌐 Visit the Harvest Finance website💰 Visit the Harvest Finance app
📚 Harvest Finance docs
❌ Harvest Finance Twitter/X
🗣️ Harvest Finance Discord


Removing friction in DeFi by combining a specialized smart-contract wallet with a DeFi marketplace.

Many of the Portals integration spotlights we’ve published so far have focused on projects whose prime motivator is simplifying the space. It’s no surprise; after all, that’s exactly what the Portals API provides to its integrators: an effortless way to simplify your project’s capabilities through a single integration.

One of these integrators is RIVO, whose mission is to remove the multiple pain points currently preventing mainstream DeFi adoption.

An industry disconnect, resolved.

One of the biggest hurdles for any prospective degen is accepting a certain amount of ‘ick’ when making moves in DeFi. Take the volatility of transaction costs/gas fees for instance, or the necessity of keeping meticulous track of your wallet details & security, and perhaps the most the constant source of worry: connecting your wallet with third-party sources just to take advantage of DeFi yield opportunities.

RIVO’s solution to this is simple: make wallet creation and management easy, and bring the marketplace to the wallet.

▶️ Here’s how Rivo works:

The Smart Wallet

Newcomers to the space can jump into DeFi with a self-custodial smart-contract wallet, created in a single click, and without having a to worry about third-party compatibility; after all, there’s a DeFi marketplace full of opportunities hosted on the same platform.

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The RIVO wallet itself boasts all manner of advantages for newcomers and long-term degens alike:

  • Seedless setup
  • Google/Socials log-in & recovery
  • Flexible gas fee payment in any token
  • Available as a Web app & extension
  • Integrated Any-to-Any token swaps
  • Gas Bank feature

To ensure you never run out of gas while positioning your assets, RIVO provides a Gas Bank, allowing you to pay fees using a multitude of tokens on your network of choice.

With a wallet created in seconds and its security ensured, it’s time to visit RIVO’s DeFi Marketplace.

The DeFi Market

With the RIVO wallet already integrated, there’s no need sign your wallet into the marketplace (although you can still integrate any other MetaMask or WalletConnect wallet to the marketplace as well). Currently in its Beta, the marketplace provides you with detailed assessments of pools across EthereumBinance Smart ChainArbitrumOptimism, and Avalanche networks, with many others expected to join the fray in the coming months.
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Get an immediate overview of historical data, your projected yields, the total value locked, the risk level of any given yield opportunity, and how many other RIVO users have taken the plunge into that same pool.

🟣 Portals API integration is providing RIVO with any-to-any token swaps on the same network, one-click asset positioning, and pool data. Through this, RIVO is showcasing an accessible way for non-degens to join in and start earning. No muss, no fuss, no friction; just opportunity.
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What’s 🆕 at ?

For the latest RIVO-related news, visit the links below and take a look at the prospective roadmap ⤵️

🌐 Visit the RIVO website
💰 Visit the RIVO app
📚 RIVO docs
❌ RIVO Twitter/X
🗣️ RIVO Discord

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