Streamlined mStable accounting with Bitwave

Stablecoin and yield optimization protocol for digital assets.

Why connect mStable to Bitwave ?

Feeder pools and vaults recognized

Bitwave identifies mStable feeder pool tokens and their vault counterparts in a synced Ethereum wallet and uses the pool's redemption value to express the position in underlying assets.

Pool entry and staking as position changes

Depositing into an mStable feeder pool, staking pool tokens in a vault, or entering an mStable staking pool can be categorized in Bitwave as a position change rather than a disposal.

Positions and rewards in reporting

mStable positions appear in the Bitwave balance report as DeFi positions, and MTA reward claims can be categorized as income, so balances and revenue reflect the wallet's mStable activity.

How it works

Bitwave connects to the Ethereum wallets that use mStable. After a wallet is added, Bitwave syncs its transactions and recognizes mStable feeder pool tokens, vault tokens, and the protocol's staking pools, relating each position to the underlying assets.

Your team categorizes deposits, stakes, withdrawals, and reward claims as positions and reviews positions in reporting.

The workflow:

  1. Add the Ethereum wallet that deposits into mStable.
  2. Bitwave syncs the wallet's history and identifies mStable pool, vault, and staking positions.
  3. Categorize deposits, staking, withdrawals, and MTA rewards as positions, individually or through rules.
  4. Review mStable positions in the balance report and carry results into gain/loss and journal entries.
Illustration of two laptops connected by digital payment lines.
Key Benefits

What makes the Bitwave integration with mStable special ?

mStable positions can sit in a feeder pool, in a vault wrapping that pool, or in a staking pool, and each layer issues its own token. Bitwave recognizes these layers and relates them back to the underlying assets, so the wallet's economic position is clear.

The finance team can treat pool entries and staking as changes in form rather than sales, see mStable positions in period-end balances, and categorize MTA rewards as income when claimed, giving a consistent accounting trail across the protocol's layers.

More Enterprise-Grade Integrations

Complete. Transparent. Secure.

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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.

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Bring mStable activity into your financial operations.

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