What are currently available automated strategies?

An overview of all available automation options across supported protocols.
Written by Nikola J.
Updated 8 months ago

Currently available automated strategies at DeFi Saver are:

1. Automated leverage management

Our oldest and still most popular option, automated leverage management allows anyone to configure partial unwinding (auto-repay) of their position in case it drops below a certain threshold, as we all as automated leveraging up (auto-boost) in case it goes above a user configured threshold, though the latter can be optionally disabled.

This option is typically used as liquidation protection or as a way to maintain a constant leverage position.

Currently available for: Maker, Compound v2, Compound v3, Aave v2, Morpho-Aave v2 and Aave v3 (on Mainnet, Arbitrum & Optimism).

2. Stop loss & Take profit

Our second most popular option, the stop loss and take profit combo allows you to configure target price points at which your position would be fully closed, with your position's whole current debt cleared using collateral. Note: these two options are configured separately.

These options are typically used as liquidation protection and a way to limit and minimize losses or maximize gains.

Currently available for: Maker, Liquity and Aave v3 (on Mainnnet, Arbitrum & Optimism).

3. Trailing stop

Compared to a standard stop loss which lets you set a fixed price threshold, a trailing stop is a dynamic option that lets you configure a percentage drop from peak reached price which, when breached, would trigger full closing of your position.

This option is typically used as an alternative way to limit losses and ensure gains.

Currently available for: Maker and Liquity.

4. Savings liquidation protection (Maker exclusive)

The savings liquidation protection is a unique automation option that connects Maker Vault (CDP) owners with our Smart savings integrations, allowing anyone to borrow DAI and deposit it into supported yield earning protocols, while eliminating liquidation concerns. In case your Vault's (CDP's) ratio falls below the configured threshold, the DAI deposited into Smart Savings would be used to pay back debt.

This option is typically used as a way to earn yield on DAI while keeping your Vault (CDP) protected against liquidation.

5. Bonds liquidation protection (Liquity exclusive)

The bonds liquidation protection is another unique automation option that connects Liquity Trove owners with the Chicken Bonds protocol, allowing anyone to borrow LUSD and put it into Chicken Bonds, while eliminating liquidation concerns. In case your Trove's ratio falls below the configured threshold, the LUSD deposited into Chicken Bonds would be used to pay back debt.

This option is typically used as a way to earn yield on LUSD while keeping your Trove protected against liquidation.

6. Automated rebonding (Chicken Bonds exclusive)

Our first automation option for the Chicken Bonds protocol allows anyone to enable automated, perpetual rebonding for their bond(s). The rebonding is done based on the optimal rebonding time formula and takes into consideration any price impact that the potential bLUSD/LUSD swap would have.

This option is typically used as a "set it and forget it" way to manage LUSD bonds.

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