DeFi Saver Fees

DeFi Saver is an advanced management application for DeFi protocols and has built-in service fees for some of our advanced features, as described in more detail below.

Any standard protocol interactions (e.g. supplying, withdrawing, borrowing and paying back assets) have no fees from DeFi Saver. Simply holding any positions open through DeFi Saver incurs no fees of any kind (e.g. no rent or performance fees).

The exact service fee will be highlighted at the screen of the feature you're trying to use, for example in the Boost and Repay windows or in the Loan Shifter UI.

The service fee (referred to in this article as "variable service fee") is present only on complex transactions that include a token swap within and there are three categories of fees:

  • 0.01% fee is taken on stablecoin pair swaps (e.g. USDC -> DAI)

  • 0.10% fee is taken on swaps between volatile assets correlated in price (e.g. ETH -> wstETH)

  • 0.25% fee is taken on swaps between assets that are not correlated in price (e.g. ETH -> USDC)

At the moment, there are no fees from DeFi Saver on all transactions associated with Pendle Principal Token positions.

Protocol dashboards

  • Standard interactions (e.g. Add/Withdraw collateral; Borrow/Pay back debt) have no service fees.

  • Advanced interactions (Boost, Repay, Create leveraged position, Close leveraged position) have the variable service fees applied to them.

  • Automated adjustments have the same variable service fee happening, and an additional 0.05% automation fee (of the transaction size, per automated adjustment).

Simply having your position Automated and monitored by DFS Automation does not include any sort of fee - it's applicalbe only when the automations trigger.

Loan Shifter

Depending on the complexity of the shift you are making, fees will differ.

  • Protocol shifts in general don't have any service fees, as long as the shift is happening without change of collateral or debt asset.

  • Collateral and debt shifts include the variable service fee.

Recipe Creator

  • Only the Sell action has the variable service fee

The Aave flash loan action in the Recipe Creator has the Aave protocol fee of 0.09% which isn't a DeFi Saver fee.

Smart Savings dashboard

  • There are no DeFi Saver fees on the initial supply nor on the yield earned

  • Please note that the protocols themselves may have performance or management fees associated with them

  • Any advanced "Claim + Resupply" options will include the variable service fee.

Exchange

  • All token swaps in the Exchange tool don't have any service fees from DeFi Saver

TxSaver

  • The TxSaver tool has no service fees. The only fees associated with TxSaver are gas fees that are paid directly from the position that an action is being made from (e.g. Boost, Repay, etc...)

Flash Loan fees

Many of our advanced features use flash loans in the process, including a number of leverage management and loan shifting options.

DeFi Saver does not charge any kind of service fee for flash loans, however some protocols providing flash loans may have a protocol fee attached.

Out of the integrated flash loan providers, Balancer, dYdX and Morpho have a 0% fee on flash loans, while Aave has a 0.09% protocol fee on any flash loans made.

The flash loan provider and their fee is now separately outlined at the bottom of any relevant confirmation windows for full transparency.

Additionally, DeFi Saver will always default to using the free flash loan provider, and opt for the one with fees only if there's a lack of liquidity in one of the free options.

The fees collected help us continue and accelerate further DeFi Saver development. We will always publicly disclose any changes to existing fees in DeFi Saver in a timely manner.

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