Why is Safe DeFi Saver's default Smart Wallet?

Initially, we started using DSProxys believing they would become an industry standard.

This unfortunately didn't happen, and even though our decision was based on wanting to build on open, permissionless building blocks instead of proprietary tech, it led to users feeling a lock-in effect with no other frontends supporting DSProxys.

This is one of the main reasons why we decided to switch to Safes. Safe is currently the most popular smart wallet in the Ethereum ecosystem and is supported across a great number of DeFi frontends and apps. And most importantly, it's fully open and permissionless to build on, allowing us to make full use of composability in DeFi, which we consider one of its most important aspects.

Another big reason are the security enhancements it allows. All users looking to level up their security will be able to set up their Safes as multisigs when they want.

Safe also brings an enhancement when it comes to overall user experience with reduced gas costs, providing the possibility of creating multiple Safes with only one EOA, and allows us a great number of additional features and improvements in the future.

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Related Articles:

• Difference between single ownership (1 / 1) Safes and Multisigs

• Can I access DeFi Saver created positions using other apps?

• What if I lose access to my Safe Smart Wallet?