Introducing DeFiHelper — The Most Advanced Non-custodial DeFi Investment Tool on the Market

7 min readOct 15, 2021

The DeFi market is growing at an astonishing rate. In less than two years, from January 2020 to September 2021, the total number of DeFi users worldwide has grown from 100,000 to 3,000,000. The total amount of locked value has risen from $900 million to an astronomical $200 billion. Despite its impressive growth, the DeFi market reached only 0.1–0.4% of its maximum potential, according to various estimates.

The entry threshold into DeFi space remains high, both in terms of capital required and in terms of complexity. The market consists of countless technologies, blockchains, wallets and exchanges. The most popular blockchains remain slow and expensive. Less popular ones suffer from imperfect code, hacker attacks, underdeveloped infrastructures, and poor connectivity with other blockchains. But such a market is precisely the medium that provides the greatest opportunities. Many protocols offer returns that are unthinkable in traditional financial markets, ranging in the tens, hundreds, and even thousands of percent per annum.

DeFi portfolio management takes a lot of effort, time and money. Users need to constantly balance their portfolios, shifting from less profitable pools to more profitable ones, monitor gas prices, avoid impermanent losses, read news on projects of interest, develop their own investment strategies, and much more. In fact, portfolio management is more like a full-time job, where the cost of even the slightest mistakes is very high.

We have developed a tool that drastically simplifies and automates these tasks. DeFiHelper is a DeFi management service for portfolios of any size. DFH provides a comprehensive overview of the entire portfolio, automates routine actions, reports on important market events, saves money on fees and helps users earn more. Users will also soon be able to find ready-made, highly profitable investment strategies on the DFH marketplace or create their own and earn a percentage of the profits received from the users who apply them.

Main Features of DeFiHelper

DeFiHelper is more than just a portfolio management service. It is an automation tool and a booster for returns on investment in DeFi. The capabilities of DFH can be divided into four main capacities.

Autostaking

DFH helps you earn more on staking by automatically adding your profits to the deposit, effectively autocompounding your interest.
Our mathematical model makes decisions by taking into account current and historical fees, the prices of tokens, and other factors. The model is described in greater detail in a dedicated article.

Portfolio

Overview of the entire DeFi portfolio.
Continual monitoring of users’ portfolios in all popular blockchains: Ethereum, Avalanche, BSC, Polygon, Waves. More blockchain integrations are planned for the near future.
Daily notifications of changes in portfolio valuation sent via Telegram.
Tracking of impermanent losses.
Historical data (for blockchains that have historical data).

We constantly monitor the total value of the portfolio in dollar equivalent and separate altcoins from stablecoins, giving a clear assessment of the impact of impermanent loss on the user’s portfolio.

Notifications

Major updates on the protocols users follow.
Important market movements.
Sudden changes in profitability.

The rate of profitability is directly dependent on how quickly the user learns about the changes taking place in their portfolio’s value, relevant project news, and market dynamics.

No-code automation

Creation of automated investment strategies without having to know coding.
Application of ready-made high-yield investment strategies found on the marketplace (coming soon).

The automation of routine actions on the blockchain has never been so easy. Users can automate the collection of rewards for low gas periods, exchange half of their tokens for stablecoins to form a reserve fund, restake the remaining half, or urgently exit the protocol if the price of the token drops below a specified amount (this usually happens when users are asleep).

DeFiHelper is already the most advanced investment assistant on the crypto market.

With the help of DeFiHelper, beginners get a convenient portfolio management tool and ready-made investment strategies. Experienced players can benefit from automation and profitability boosting, and gain access to an additional source of income on the strategies marketplace.

Portfolio functionality is free. Advanced functionality is available on a paid basis. It includes notifications ($10 per 1,000 messages) and automation ($1 per executed action plus network fee).

Important notice on the security of funds: DFH doesn’t have access to users’ private keys. The app only performs the actions that users authorize via a special contract that is always under their control.

Supported Blockchains and Protocols

DeFiHelper is capable of fully operating with any blockchain.

Ethereum, Binance Smart Chain, Waves and Polygon are currently supported. Support for other popular networks will be added in the near future.

There are several dozen supported protocols, and the list will be expanded on a regular basis.

DeFiHelper Team

DeFiHelper was created by an experienced team composed of the former and current employees of BondAppetit, Tokenomica, Deloitte, VK and Artemy Lebedev Studio:

Vladislav Komissarov is the Founder and CEO. Technical Director of BondAppetit. Vladislav has about 20 years of experience as a developer and technical director in many IT projects.
Artem Tolkachev is a Co-founder and CBDO. He is also the Founder and CEO of BondAppetit and formerly was the Head of Blockchain Lab at Deloitte.
Igor Varnavsky is the Marketing Director. He is a former employee of Mango Insurance and VK.
Ilya Munerman is the Head of R&D. He has a PhD in economics, leads the Interfax (an independent Russian news agency) scoring systems project, and works as an Assistant Professor at New Economic School and HSE University.

The DeFiHelper team has a long and strong relationship with Waves Tech, a large ecosystem with a capitalization of over $1 billion.

Security Audit

The audit of the DeFiHelper’s automation contracts was performed by our long-standing partners at HashEx.

Tokenomics

The DeFiHelper (DFH) token is not yet available on the market. We have decided to release the token onto the market only after the business model of the protocol has been validated. A progress bar on the main page of the project’s website indicates the amount of commissions DeFiHelper has collected.

The initial emission volume will be 1 billion DFH tokens. The tokens will be distributed in accordance with the following percentages:

250,000,000 (25%) — grants for development during the first three years of operation.
170,000,000 (17%) — private and public token sale rounds.
120,000,000 (12%) — team tokens with vesting for a period of one year after the launch of the token and 24-month linear release schedule.
110,000,000 (11%) — marketing budget for the first year of operation.
100,000,000 (10%) — tokens for early investors with 2% unlock on TGE, 3-months cliff and 5% monthly per-block unlock thereafter.
100,000,000 (10%) — tokens allocated for distribution through liquidity pools during the first year of operation.
80,000,000 (8%) — bonus tokens for early adopters with vesting for a period of 12 months.
70,000,000 (7%) — tokens for advisors with one-year lock-up period and one-year per-block release schedule.

DFH tokens can be obtained in several ways:

Purchased on decentralized exchanges (Uniswap, Waves, Pancakeswap).
Received in exchange for liquidity (staking).
Received as a grant for helping with the development of the protocol.
Received as a grant for help with content, promotion, or moderation.
Received as a bonus when using the paid features of DeFiHelper (temporary promotion).

Future Plans

DeFiHelper is already the most advanced instrument on the market. However, only a small part of the intended functionality has been developed so far. Our goal is to make a service that will become the morning starting point for the vast majority of DeFi market participants.

We also want to create the most decentralized service in the niche. If you are a developer, you can help with the development of the project. The community determines the functionality that has to be implemented first via voting. The team then initiates the allocation of a budget for the development of such functionality. The tokens are allocated gradually in accordance with the schedule that is embedded in a smart contract. This is to ensure that developers continue to maintain the code after release.

If you are not a coder, you can help in other ways: create content, moderate chats in local languages, or help with partnerships. All of these activities will be rewarded in DFH tokens.

Current Status

If you want to try using the application, go to the DFH website, launch the app, connect your wallet, and subscribe to the Telegram bot. DFH is currently in the Beta phase. Users will be allowed gradually to avoid infrastructure overload.

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