DeFi Saver Profile picture
May 30 6 tweets 5 min read
We're LIVE on @Arbitrum and @OptimismPBC!🥳

DeFi Saver is now available on optimistic rollups with support for @AaveAave v3, new integration with @LiFiprotocol and our regular partners @0xProject, @AlchemyPlatform and @TenderlyApp.

#L222 is here.

Read: blog.defisaver.com/defi-saver-is-…
Our initial L2 rollout includes:

👻Aave v3 dashboard
🌉New Bridging dashboard
💱Exchange for token swaps
🖥️L2s portfolio tracking (with unified view coming soon!)
🧰Simulation mode on L2s

...all on both Arbitrum and Optimism.
👻@AaveAave v3👻

Having supported Aave since v1 on the mainnet, we're very happy to now integrate v3 on L2s.

Our Aave dashboard at app.defisaver.com/aave/ includes signature Boost and Repay 1-tx leverage management options, as well as new user customizable action combining.
🌉@LiFiProtocol🌉

To help users get their assets to L2s we've teamed up with LiFi, a bridge aggregating protocol that aims to find and provide the best rates on any moves between chains.

You can find our Bridging dashboard at: app.defisaver.com/bridge
🛟DeFiSaver.com🛟

It's the same great experience you're used to, but now in a much more accessible environment.

The simulation mode is there on all supported networks, too, thanks to @TenderlyApp.

Recipe Creator and first automated strategies are coming soon.👀
As always, for ideas and suggestions what you'd like to see next in DeFi Saver, make sure to join our discord server - we'd love have you there.🙏

Here's to a great #L222!🍻

discord.com/invite/XGDJHhZ

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More from @DeFiSaver

Apr 4
Today we're partnering with @LidoFinance for a special 2-week promo!🎇

2,500 $LDO are ready to be rewarded to users who:
- Collateral shift $ETH to $stETH or
- Stake $ETH with Lido + deposit $stETH
in @MakerDAO or @AaveAave.💰

Read on for more details: blog.defisaver.com/use-steth-in-m…
Some of the actions you can make at DFS that are eligible for these $LDO rewards include:

- (Aave) Creating stETH/ETH leveraged positions
- (Aave) Collateral shifts from $ETH to $stETH
- (MakerDAO) ETH-A/B/C to WSTETH-A shifts
The stETH/ETH leveraged positions in Aave are especially interesting, as this effectively provides users with a low-risk, high-yield strategy for their $ETH.

You can find an example Recipe that you can adjust to your needs here:
Read 4 tweets
Nov 12, 2021
Not sure which lending protocol would suit your needs the best?🤔

Let's look at some of the main differences between the protocols we support, so you can make the choice as best as possible and, who knows, maybe even use a combination of them for different purposes.

Thread!👇 Image
First off, different protocols support different collateral types.

While @LiquityProtocol & @reflexerfinance allow exclusively $ETH as collateral, you can borrow against a number of assets using @MakerDAO, @compoundfinance & @AaveAave, as decided by protocol governances.
When it comes to borowing requirements, in money market protocols (e.g. Aave and Compound) there is no minimum borrowing amount, while MakerDAO decides on this variable parameter for each asset, Reflexer changes it algorithmically and Liquity has a fixed 2,000 $LUSD minimum.
Read 21 tweets
Oct 29, 2021
The @LidoFinance @MakerDAO Vaults are now live!🥳

Starting today, you can:
-Borrow $DAI against $wstETH
-Convert existing $ETH-based Vaults into $wstETH
-Enable liquidation protection for your $wstETH Vault
...all this and more at app.defisaver.com.

More in the thread!👇
The new WSTETH-A Vaults in MakerDAO allow you to borrow DAI against wrapped $stETH.

Alternatively, you can also create a leveraged, long $ETH position using $wstETH, where you would be earning yield from ETH staking and be exposed to any ETH upside.

👉app.defisaver.com/makerdao/creat…
💡You can also convert any existing MakerDAO $ETH-x Vault into a $wstETH one.

The template recipe for this position shift is available right here: app.defisaver.com/recipes/create…

ℹ️Keep in mind that WSTETH-A has a liq. ratio of 160% - noticeably higher than both ETH-B and ETH-A.
Read 6 tweets
Aug 16, 2021
The @iearnfinance protocol is now integrated in our Recipe Creator!🥳

Starting today you can deposit any of the supported assets into Yearn vaults using DeFi Saver, as well as combine this action with any other protocol interactions.

Let's see some example recipes below.👇 Image
#1 You can create a @MakerDAO Vault and deposit the borrowed $DAI into Yearn, all in one single transaction.🧑‍🍳

The Stability fee for $ETH-A in Maker is 2% and the current NET APY for the $DAI Yearn Vault is ~6.5%. Quick and simple.👌

Recipe: app.defisaver.com/recipes/create… Image
#2 Alternatively, you can open a @reflexerfinance $ETH Safe and borrow $RAI.

The Stability fee in Reflexer is -0.5% and you can swap the $RAI for a higher yielding asset, $USDC or $DAI (don't show this to @ameensol🤐), to deposit into Yearn.

Recipe: app.defisaver.com/recipes/create… Image
Read 4 tweets
Sep 24, 2019
Due to the heavy drop in ETH price coinciding with network congestion and a spike in gas prices today, our automation system struggled to execute all needed CDP ratio adjustments in time. (1/4)
Unfortunately, our system has failed to protect 2 monitored CDPs, which have been liquidated in the process. Although our automated protection is still in beta, our team is disappointed to have let some of our users down and we are willing to recuperate the losses suffered. (2/4)
We ask the owners of these two CDPs to please reach out to us here via DM or via our Discord at discord.gg/XGDJHhZ in order to confirm ownership and complete the process at their convenience. (3/4)
Read 4 tweets

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