Boost & Repay
Opening up a position through DeFi Saver brings you access to a plethora of tools that help manage your assets - Whether it's risk management or increasing exposure to the collateral asset.
Two of our most popular tools are:
Boost - Allows users to increase leverage in one transaction. The feature utilizes a flash loan to borrow the debt asset, swaps it to the collateral asset, supplies it to the position, and then borrows from the position to pay back the flash loan.
Repay - Allows users to use part of their collateral to pay off their debt in one transaction. By utilizing a flash loan to borrow the collateral asset, it's swapped to the debt asset, used to repay the loan - and collateral is then withdrawn from the position to pay back the flash loan.
Both tools also have automations available with which users can automatically Boost or Repay based on the parameters they set. These parameters include either setting a specific Safety Ratio, or the price at which the actions will be executed.
For more information on these automations, please refer to our Automations article.
Related Articles:
Automations
Automatically adjust positions with custom price triggers
Automated Leverage Management
Use-case
Fees
Compatibility
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