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. 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.

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Portals API Features Utilized by Harvest

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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
Scalable Infrastructure
- Able to handle significant increases in users and transaction volume
User-Friendly Experience
- No service fees for users
- Transaction previews based on real-time market conditions
- Auto-slippage & price impact protection for secure transactions

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Impact on Harvest Finance

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

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Significant user growth:

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*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.*

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Substantial transaction facilitation

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*In June, the Portals API facilitated 100,555 transactions out of the over 122,140 transactions executed through the Harvest Finance platform.*

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Increased transaction volume:

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*In June, the Portals API was responsible for facilitating over $2.29M in total transaction volume (both deposits & withdrawals).*

Effortless onboarding:

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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.

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General Advantages of the Portals API for DeFi Platforms

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

The success of Harvest Finance's integration of the Portals API demonstrates the transformative power Portals can offer. By providing seamless asset swaps, fast & 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.

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