Positions in ETH Saver

  • Can I create multiple positions?

Creating multiple different positions in ETH Saver has been an included feature from the very start, allowing users to potentially have positions that use the same liquid staking token across multiple protocols or, alternatively, multiple positions with different LSTs within one protocol.

In order to achieve this, there will be a separate Smart Wallet deployed and utilised for each of the created positions. This allows for each position created at ETH Saver to be fully separate and isolated, avoiding any pooling of assets or risk sharing between different positions or users.

While the prospect of having multiple Smart Wallets (one for each position) associated with your account may sound complex, this was an intentional design choice from the start and all interactions between different positions are handled seamlessly by the ETH Saver app.

  • Can I import existing positions?

Importing positions previously created using DeFi Saver to ETH Saver is an included feature and allows anyone to move existing leveraged staking positions to this new interface and new fee model.

Once you connect your wallet at https://ethsaver.com/ the interface will display any supported positions that you already have at DeFi Saver and simply provide you with an Import button.

Since ETH Saver uses a performance based fee model, note that your position's balance at the moment of importing will be considered its starting balance. and the performance fee will only be applied to any profit from that moment onwards.

Please note that there is currently no way to export a position back to DeFi Saver once imported to ETH Saver.

Last updated