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DeFi Saver Knowledge Base
  • Welcome to DeFi Saver Knowledge Base
  • General
    • What is DeFi Saver?
      • Boost & Repay
      • Smart Contracts
      • DeFi Saver and security
      • Liquidity Sources of DeFi Saver
      • DeFi Saver Fees
    • Smart Wallets
      • Can I access DFS created positions using other apps?
      • Why did we switch to Safe?
    • Wallet Compatibility
    • Troubleshooting common issues
      • Error: "An issue was detected with this transaction that would cause it to fail" - what to do
      • How can I withdraw tokens from my Smart Wallet?
      • My MetaMask account is failing to load - what should I do?
      • My transaction is pending / not going through - what should I do?
      • I cannot make any transactions using DeFi Saver after using Furucombo?
      • Avoiding MEV with your transactions
  • Features
    • ETH Saver
      • How does ETH Saver work?
      • Profit tracking & how does it work
      • Positions in ETH Saver
      • Are there fees?
        • Are there any costs that are not immediately noticeable?
    • Automation
      • Automation strategies
      • Requirements for using Automation
      • Automation Fees
      • How does Automation work?
      • When are Automation transactions made?
      • Are there risks when using Automation?
    • Recipe Creator
      • What are Flash Loans?
      • Is Recipe Creator safe to use?
      • Pre-made recipes / Recipe Book
      • How can I reuse output of previous functions?
    • Loan Shifter
      • Collateral Swaps
      • Debt Swaps
    • Notify
      • Notification Monitors
      • How do I set up Notify?
    • Simulation Mode
    • Smart Savings
      • Overview of Yearn
      • Overview of Convex
      • Overview of mStable
      • Why is a smart wallet needed for using Smart Savings?
      • How to start lending funds and earning interest using Smart Savings?
      • Managing existing portfolios using Smart Savings
      • The difference between APR and APY
      • Are there any security risks?
    • Bridge
    • Exchange
      • What are Limit Orders?
      • What is DCA?
  • Protocols
    • Aave
      • Aave Dashboard
      • Aave versions comparison
      • How does Aave Automation work?
      • Can I manage my existing Aave lending/borrowing portfolio using the Aave dashboard?
      • What are Flash Loans?
      • How can I long or short assets using Aave?
      • Staking Aave tokens
      • How can I tell how much interest I will earn or have already earned using Aave?
      • How can I swap my collateral or debt in Aave?
      • Migrating your Aave position(s)
      • Pendle Principal Tokens (PTs) on Aave
    • CurveUSD
      • What is LLAMMA in CurveUSD?
      • How do you create a loan in CurveUSD protocol?
      • Does CurveUSD charge any fees?
      • Is there a standard (hard) liquidation in CurveUSD?
      • What are bands in CurveUSD?
      • Why do I need a Smart wallet for CurveUSD?
    • Compound
      • Compound Dashboard
      • Can I manage my existing Compound lending/borrowing portfolio using the Compound dashboard in DeFi S
      • How to earn and withdraw COMP tokens
      • How can I tell how much interest I will earn or have already earned using Compound?
    • Fluid
      • Intro to Fluid
      • Liquidity Layer
      • Lend Protocol
      • Vault Protocol
      • DEX Protocol
      • DeFi Saver-supported Features
    • Liquity
      • Liquity Dashboard walkthrough
      • What is a Trove?
      • Liquity Redemptions
      • How to stay protected from redemption risk in Liquity
      • How do Liquidations work in Liquity?
      • What are the key benefits of Liquity?
      • Does Liquity charge any fees?
      • What is a Stability Pool?
      • What is the "Debt-in-Front" value in Liquity?
      • How can I earn LQTY tokens?
      • Why do I need a Smart wallet for Liquity?
    • Liquity V2
      • Intro to BOLD
      • Borrowing Rates and Redemptions
      • Collateral Ratios
      • Troves as NFTs
      • Revenue Distribution and Forkanomics
      • LQTY Staking
      • DeFi Saver-supported Features
    • Chicken Bonds
    • MakerDAO
      • Managing the Dashboard
      • Automation options for MakerDAO
      • What is a CDP and why should I be interested in opening one?
      • How do Boost & Repay work?
      • How does CDP Automation work?
      • Can I transfer my MakerDAO Vault to a different address?
      • Can I manage MakerDAO Vaults created using other apps at DeFi Saver?
    • Morpho Blue
    • Reflexer
      • Reflexer Dashboard walkthrough
      • How can I start borrowing or leveraging using Reflexer?
      • What makes Reflexer unique?
    • Spark
      • Spark Dashboard walkthrough
      • What is sDAI?
      • Liquidations in Spark
  • Legal
    • Terms and Conditions
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On this page
  • MakerDAO, Aave, Liquity, Compound and Reflexer dashboards
  • Loan Shifter
  • Recipe Creator
  • Smart Savings dashboard
  • Exchange
  • Flash Loan Fees
  1. General
  2. What is DeFi Saver?

DeFi Saver Fees

DeFi Saver is an advanced management application for decentralized finance protocols and we have 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 DeFi Saver related fees of any kind and simply holding any positions open through DeFi Saver includes 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 is present only on complex transactions that include a token swap within and there are two categories of fees:

  • 0.10% fee is taken on swaps between same value asset, which includes stablecoin-stablecoin pairs, as well as pairs such as ETH-stETH and WBTC-renBTC.

  • 0.25% fee is taken on all other swaps.

MakerDAO, Aave, Liquity, Compound and Reflexer 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 a 0.25% service fee (of the amount being swapped).

  • Automated adjustments have the same 0.25% service fee for any swaps 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.

Loan Shifter

Depending on the complexity of the shift you are making, any existing 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 a 0.25% service fee.

In case of shifts between Maker, Liquity and Reflexer there will be a 0.25% service fee, as there's an additional debt swap happening with the protocol shift.

Recipe Creator

  • Only the Sell action has a 0.25% service fee.

The Aave flash loan action in the Recipe Creator has the Aave protocol fee of 0.09%.

Smart Savings dashboard

  • All options in the Smart Savings dashboard have no DeFi Saver service fees of any kind, neither on your initial deposit, nor on the yield earned.

  • Any advanced "Claim + Resupply" options will include a 0.25% service fee.

Exchange

  • All token swaps in the separate Exchange have no service fees included.

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 Maker 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.

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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Last updated 1 year ago