Aave v3 is NOW LIVE on the Ethereum mainnet and at DeFi Saver!🥳
Enjoy new @AaveAave features such as high efficiency mode, isolation mode and gas optimizations, and get ready for the upcoming $GHO launch, all with signature DFS tools.
Now available at app.defisaver.com.
Our support for Aave v3 goes live with:
- Creating instantly leveraged positions in 1tx
- Boost & Repay
- Closing (self-liquidating) positions in 1tx
- v2 to v3 migration tool
- Custom recipe for going from ETH to leveraged wstETH/ETH
And Automation for v3 is coming next week!
Nov 21, 2022 • 7 tweets • 5 min read
Starting today you can use @Rocket_Pool $rETH as collateral for borrowing $DAI in @MakerDAO!🥳
The RETH-A Vaults configuration is:
- 1.5% Stability fee
- 170% Liquidation ratio
Create your rETH Maker Vault today at app.defisaver.com or read on for more details.👇
💡Using DeFi Saver, you can either borrow $DAI using your $rETH or create an instantly leveraged position to increase exposure to $rETH, which will effectively also increase your staking rewards.
Our first automated strategy for @ChickenBonds is NOW LIVE!🥳
Our first fully continuous strategy allows owners of @LiquityProtocol's $LUSD Chicken Bonds to enjoy automated rebonding for maximised yield on autopilot.
Check it out today at app.defisaver.com/liquity/bond or read on.🧵
⚙️As with all DFS Automated Strategies, this one, too, cointains an on-chain trigger and a set of actions to be executed once the trigger condition is met.
A dynamic strategy that allows users to configure a percentage drop from reached peak market price that would trigger full closing of your position once reached.
💡Best used in combination with a standard stop loss, with both available in DeFi Saver.
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
Nov 12, 2021 • 21 tweets • 9 min read
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!👇
First off, different protocols support different collateral types.
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.
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.👇
#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.👌
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)