Yield farming aggregator optimizing DeFi investment strategies.
FARM vault shares identified
Bitwave recognizes Harvest Finance vault tokens in a synced Ethereum wallet and relates the shares held to the underlying asset that was deposited into the vault.
Vault deposits without triggering gains
Moving assets into or out of a Harvest vault can be categorized in Bitwave as a vault deposit or withdrawal, so the movement is a change in form rather than a taxable disposal.
Return on vault positions measured
Harvest positions appear in the balance report as DeFi positions, and the DeFi return view can measure the return earned on assets deposited in Harvest vaults over the holding period.
How it works
Bitwave connects to the Ethereum wallets that deposit into Harvest Finance vaults. When a wallet is added, Bitwave syncs its transactions and recognizes Harvest vault tokens, relating each to the underlying asset deposited.
Your team categorizes vault movements as positions and reviews positions and return in reporting.
The workflow:
- Add the Ethereum wallet that deposits into Harvest vaults.
- Bitwave syncs the wallet's history and identifies Harvest vault positions.
- Categorize deposits, withdrawals, and FARM reward claims as positions, individually or through rules.
- Review vault balances and return in the balance report and DeFi return view, then carry results into journal entries.
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Yield vaults like Harvest Finance change the value of a position without changing the token count, and reward tokens arrive separately. Bitwave recognizes Harvest vault shares, carries them against the deposited asset, and treats reward claims as income.
The finance team gets vault deposits that do not create gains, a balance report that includes assets held in Harvest vaults, FARM rewards categorized to revenue when claimed, and a return measurement per vault position that supports period-end review and explanation of yield earned.
Complete. Transparent. Secure.
ERPs
Sync data in real-time and eliminate manual errors. Bitwave seamlessly integrates with your existing back-office software for easier reporting.
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Blockchains
Bitwave supports tokens on the Bitcoin, Ethereum (All ERC-20 tokens + Layer 2), Solana, NEAR, and more. We are constantly adding support for new Blockchains.
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Custodial Wallets
Bitwave currently supports Fireblocks, NYDIG, BitGo, and Anchorage custodial wallets. We are constantly adding support for new Custodial Wallets.
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DeFi Protocols
This is just a sample of the DeFi protocols we support. Click below for the full offering of DeFi integrations currently in place, with more being added each day.
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Exchanges
This is just a sample of the key Exchanges we support. Click below for the larger offering of Exchanges supported, with more being constantly added.
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Multi-Signature Wallets
Bitwave supports a variety of multi-signature wallets, such as Gnosis Safe, Zebec, and Electrum. We are constantly adding support for new Multi-Signature Wallets.
