Discover the best positions for your DeFi strategy

You might have an idea of the asset you’d like to borrow or leverage, but aren’t sure what the best options for you are.

For example, you’re holding some ETH and looking to put it to good use. The DeFi landscape has a plethora of protocols and positions to choose from, so finding the right one can feel a bit overwhelming. Especially if you add leverage to that mix, it could take a serious amount of time and research in order to find the option that’s best suited for you.

Our Discover tool makes searching for the perfect option far easier in a straightforward way. It gives you filters, and then provides you with positions and protocols that fit exactly what you input. These filters include:

• The collateral asset you’re interested in

• The debt asset you’re interested in

• The chains you’re interested in

• The protocol you’re interested in

Additionally, you have the option of pre-defined strategies, where you can get a one-click list for:

• Longing ETH

• Longing BTC

• Yield farming ETH

• Yield farming stables

On top of all of that you have the “Estimate Net APY” tool which lets you input:

• How much collateral you’d like to put in (in dollar value)

• How much you’d like to borrow (in dollar value)

• How many times you’d like to leverage your collateral amount

Afterward, you'll get a list of positions and protocols that suit the exact filters you've set up. Most importantly, you'll also see the precise Net APY for each position. This means that by simply inputting your position's size, you get an exact idea of how much you'll be earning or paying in interest based on the Net APY.

This way, our Discover tool will filter out all positions that don't fit within the precise filters you set up, along with metrics that help you determine how much you'll be earning or paying in interest. Ultimately, it saves you time from:

• Researching protocols to find the perfect option for the size you had in mind

• Calculating the Net APY for each position that seems interesting to you

Let’s go through a step-by-step guide on how to utilize our Discover page:

Show me how:

For example, we are holding 20 ETH, and we are looking to use $10,000 USD of our ETH in order to borrow $5,000 USD worth of debt. We want to find options that have the best Net APY, so we head on over to DeFi Saver.

From there, we navigate to the Discover tool located on the sidebar:

Once there, we’ll choose ETH as our collateral, and Ethereum Mainnet as our preferred chain.

Since we know that we’d like to place $10,000 USD as collateral and loan $5,000 USD, we click on “Estimate Net APY”:

As soon as we’ve input the amounts, we’ll get a list of suggestions. These suggestions will provide us with information on the position's LTV and Net APY, and we can even sort them by both of these metrics.

If, on the other hand, we’d like to place $10,000 USD of collateral and leverage it, say 8 times, we can also use the Discover page to find relevant options.

Once we’ve opened up the “Estimate Net APY” tool, we simply click on “Leverage”:

Then, we input the collateral amount, and place the slider to the desired leverage amount.

The results will have the Net APY visible, which helps us determine how much we could be earning. In this case, let's say we opt for Fluid's ETH/cbBTC position.

We'd be leveraging $10,000 USD eight times with a Net APY of 8.91% - meaning we'd be earning around $890 USD per year.

You’re now well-equipped to find the perfect position for your strategy with our Discover tool!

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