π§βπ³ Recipes aren't just good for cooking, they're great for farming. π§βπΎ
DeFi Saver's Recipe Creator paired with the Simulation Mode feature allows you to plan and test yield farming strategies before ever committing funds to execute it.
2/ Say you want to create a @reflexerfinance Safe, generate RAI, swap half of the generated RAI into ETH and deposit those into Uniswap v2 to farm FLX rewards.
You can create a recipe performing all these steps in one transaction, saving you the time of performing each step.
3/ Or maybe you just want to test out the recipe.
Simulation Mode let's you understand the look and feel of yield farming and other DeFi activities without having to spend ETH.
Simulation Mode forks at the current block allowing you to test recipes in current market conditions.
4/ Upon activating the Simulation Mode switch in the bottom left, you can spin up a new simulation account with 100 ETH to play with...
...or you can choose to simulate your current account, which is particularly useful for farmers to get a feel for strategies and their costs.
5/ DeFi Saver's Simulation Mode lowers the barrier to entry for those previously prohibited from exploring how DeFi works due to gas costs.
And don't forget that you can also experiment with using flashloans and much more in your recipes at no cost while in Simulation Mode.
6/ Test out new recipes to speed up your farm chores or see what it feels like to play around with 100 ETH in Simulation Mode. bit.ly/3vZU0el
Learn more about the DeFi Saver in the latest drop bit.ly/2T3ULEI
7/ This is paid promotion as part of our DeFi Pulse Drops series where DeFi Pulse works with projects to launch their new features and builds. If you want us to work with you, please get in touch!
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1/ The cryptoeconomy is increasingly becoming a cross-chain ecosystem where users want great DeFi services on multiple blockchains and scaling solutions simultaneously.
2/ To successfully achieve its strategy, DODO is integrating with layer-one chains (independent blockchains like Ethereum and Polkadot), layer-two chains (scaling solutions like Arbitrum that are secured by the L1s they support), and sidechains.
3/ For DODO, the name of the game is to bring its PMMβs advantages to as many people as possible by deploying its liquidity to a range of viable DeFi-centric chains.
To name a few, DODO is ready on Arbitrum's rollup L2 and continues to work with Polygon and Polkadot's Moonbeam.
The UI/UX of DeFi Saver's Recipe Creator streamlines the experience of using #DeFi by reducing what can often be a tedious process down to a single transaction.
π€π€π§βπ³ Now imagine what you could do if you could automate your recipes...
2/ Every DeFi user has imagined at one point or another how cool it would be if you could automate some task you were doing in DeFi in just a few clicks. π
With Recipe Automation on DeFi Saver's roadmap, that future may be here sooner than you think.
3/ Recipe Automation is just one stop on DeFi Saver's roadmap filled with new features, integrations, and further UI improvements.
Consistent updates are key to DeFi Saver's goal: to be your one-stop dashboard for creating, managing and tracking your DeFi positions.
DeFi Saver is loaded with features designed to save you time, effort and most importantly gas.
DeFi Saver UI + Recipes + Liquidation protection (Automation) = a yield farmer who works smarter, not harder
Let's break down this equation..
2/ DeFi Saver's UI makes it simple to open, close, and manage loans as well as stake or harvest protocol rewards from popular lending protocols like Maker, Compound, Aave and Reflexer in one place.
Not to mention, you can easily shift loans to the market with the best rates...
3/ With DeFi Saver's Loan Shifter, you can shift your position between protocols or change your collateral and debt assets in just a few clicks.
This tool reduces these complex operations down to a single transaction and saves you time and money by utilizing flash loans.
2/ DeFi Saver's new Recipe Creator is a transaction builder interface for creating and executing "recipes."
π§βπ³ With the Recipe Creator, you can build complex transactions interacting with multiple DeFi apps to use flashloans, borrow, lend, swap, and more in a single transaction.
3/ Now anyone can become a DeFi superuser wielding an arsenal of powerful protocols and tools with only a few clicks.
Simply drag and drop actions in the order you want them and DeFi Saver handles the rest, executing your recipe in a single transaction.