# Welcome to the DeFi Saver Knowledge Base Welcome our Knowledge Base, where you will be able to find all of the general information regarding our app, thoroughly described features, as well as most common questions and issues explained. If you have any additional questions regarding DeFi Saver or just want to discuss some topics with us, you can find us in or at: * Discord: * X (twitter): * Farcaster: * Reddit: Additional useful links: {% embed url="" %} DFS GitHub {% endembed %} {% embed url="" %} DFS Blog {% endembed %} *In the first segment you will find General information on the DeFi Saver app, including wallet compatibility, smart wallet information, service fees, and more.* # What is DeFi Saver? DeFi Saver is an asset management application for decentralized finance (DeFi) protocols, focused on creating, managing, and tracking positions in lending protocols. Our app has been utilized within the DeFi space for more than 6 years, and has become the go-to portfolio management tool for many DeFi users. > We support some of the largest DeFi protocols on Ethereum, including Aave, Fluid, Morpho, Maker and more, with new integrations always being considered. \ > \ > Listening to our community has been an integral part of shaping our strategy for adding protocols, and remains one of the building blocks of app. **Some of the specific things you can do with DeFi Saver include:**
* Managing your debt positions in the lending protocols we've integrated - with access to our signature leveraging and deleveraging options ([Boost and Repay](https://help.defisaver.com/features/boost-and-repay)), as well as different automated position management options. * Moving your position between different protocols or switching your supplied or borrowed assets using our [Loan Shifter](https://help.defisaver.com/features/loan-shifter). * Use our [Discover](https://help.defisaver.com/features/discover) tool to research available borrow positions based on your input collateral/debt asset * Find popular strategies and execute them in one transaction on our [Trending ](https://help.defisaver.com/features/trending-zaps)page. * Earning interest on your stablecoins (DAI, USDC, USDT) in our [Smart Savings](https://help.defisaver.com/features/smart-savings) dashboard that provides access to yield earning protocols such as MakerDSR, Morpho, Yearn and includes a simple 1-tx option of moving funds between supported protocols. * Creating custom transactions made up of actions such as flash loans, asset swaps, and other DeFi protocol interactions using our [Recipe Creator](https://help.defisaver.com/features/recipe-creator). * Swapping any tokens in our separate [Exchange](https://help.defisaver.com/features/exchange). * Submitting risk-free transactions protected from MEV attacks with our [TxSaver](https://help.defisaver.com/features/txsaver) tool. * Utilizing DeFi Saver's DEX meta-aggregator to ensure you get the best swap rates across 6 different DEX aggregators for your transactions. #### Historical use-cases: * Making collateralized debt positions to borrow funds for use elsewhere (with optional automated liquidation protection available) * Making leveraged positions to long or short supported assets in any of the integrated protocols (with optional automated leverage management and liquidation protection available) * Utilizing yield farming strategies in supported protocols # Smart Contracts All DeFi Saver smart contracts are open source and available in our [Github repository](https://github.com/defisaver/defisaver-v3-contracts). You can find a list of the currently deployed DeFi Saver smart contracts across Ethereum, Optimism, Arbitrum, Base, Linea and Plasma [here in our dev docs](https://docs.defisaver.com/protocol/deployed-contracts). *** ## Related Articles: * [DeFi Saver and security](/general/what-is-defi-saver/defi-saver-and-security) * [How to stay safe using DeFi Saver](/general/what-is-defi-saver/defi-saver-and-security/how-to-stay-safe-using-defi-saver) * [Smart Wallets](https://help.defisaver.com/general/smart-wallets) # DeFi Saver and security All of the actions performed using DeFi Saver are done in a trustless manner using logic stored in [DeFi Saver’s smart contracts.](https://github.com/defisaver/defisaver-v3-contracts) {% hint style="info" %} *The source code of DeFi Saver smart contracts is publicly available in our* [*Github repository*](https://github.com/defisaver/defisaver-v3-contracts) *and you can find additional information on our smart contracts architecture in our* [*developer docs*](https://docs.defisaver.com/)*.* {% endhint %} ### Audits DeFi Saver Automation has been audited in February 2021 by Dedaub and you can find our brief summary post [here](https://medium.com/defi-saver/defi-saver-automation-security-audit-summary-a883d4fde1b). Smart contracts powering the new DeFi Saver architecture and the Recipe Creator have been audited by ConsenSys Diligence and Dedaub. You can find more info in [one of our blog posts](https://medium.com/defi-saver/defi-saver-newsletter-april-2021-36cb872b800d), as well as both of the reports [here](https://github.com/DecenterApps/defisaver-v3-contracts/tree/main/audits). Additionally, we've had audits from Optimism in 2024, along with another audit from Dedaub. We want to highlight the importance of external audits and note that all feature releases and integrations will be audited before they are deployed in production. All of the aforementioned, and future audits can be viewed in [more detail here.](https://docs.defisaver.com/protocol/security-and-audits) ### Insurance We are looking into adding options of utilizing DeFi insurance protocols directly within the app in the future and will share any details on this as soon as this functionality is ready. ### Historical security issues As of now, there have been two security incidents at DeFi Saver:
* Exchange vulnerability discovered in June 2020, affecting users of our separate Exchange users from early 2020 until that point. No funds were lost or stolen. No other parts of the app were affected. More info can be found [here](https://medium.com/defi-saver/disclosing-a-recently-discovered-exchange-vulnerability-fcd0b61edffe). * Compound import (migrate) contract vulnerability discovered in January 2021, affecting users that specifically used the import (migrate) option for their Compound position. No funds were lost or stolen. No other parts of the app were affected. More info can be found [here](https://medium.com/defi-saver/disclosing-a-recently-discovered-vulnerability-d88e3b5cb67). *** ## Related articles: * [Smart Contracts](https://help.defisaver.com/general/smart-wallets) * [How to stay safe using DeFi Saver?](/general/what-is-defi-saver/defi-saver-and-security/how-to-stay-safe-using-defi-saver) # How to stay safe using DeFi Saver We can never emphasize the importance of staying safe when using decentralized finance protocols and apps enough. \ \ Besides the always present smart contract risk, there are several additional factors that one should consider and pay attention to stay safe from scam attempts in the form of phishing, cloaking, fraudulent search adverts, and others. ### Here are several things you should always keep in mind when using DeFi Saver: * Always check the URL One of the most frequent scams is tied to users using search engines to visit our website and application. Scammers love to abuse search engines to direct users to “copies” and fake versions of our website. \ \ Always make sure that the URL you are visiting to interact with our app is defisaver.com and app.defisaver.com. The easiest way to mitigate the risk of opening a fraudulent, fake site is to bookmark the URL and always open DeFi Saver through the bookmark.
* Beware of search engine ads.\ \ While we may promote DeFi Saver using search engine ads in the future, this is currently not the case and search ads are unfortunately often the way that scammers will try to get users to a fake site where they will try to drive users into giving away their private key or secret words (seed phrase). \ \ This is most often done using URLs that resemble defisaver.com. For example, there have recently been deflsaver.com and defsaver.com. If you ever notice anyone impersonating our app, please report this to us via Twitter, Discord, or the in-app chat widget. To wrap up, we will **never** ask for: * Your private key * Your seed phrase * Your MetaMask or other web3 wallet passwords {% hint style="info" %} *However, your Ethereum Public Address is what you may share with anyone. Wallet addresses can be shared safely with anyone from whom you want to receive cryptocurrency of a certain type.* \ \ *No one can steal your digital assets by knowing only your wallet’s public address. We may ask you to provide it in case you require assistance from us regarding potential issues.* {% endhint %} *** ## Related Articles: * [DeFi Saver and security](/general/what-is-defi-saver/defi-saver-and-security/how-to-stay-safe-using-defi-saver) * [Avoiding MEV with your transaction](/general/what-is-defi-saver/defi-saver-and-security/avoiding-mev-with-your-transactions) # Avoiding MEV with your transactions MEV (short for Maximum Extractable Value) is the maximum profit that blockchain miners and validators can make by including, excluding or changing the order of transactions in a block. When it comes to activity in DeFi Saver and the broader decentralised finance space, any transactions that include token swaps can be vulnerable to MEV attacks. > This is because token swaps don't have a pre-programed, definite outcome. \ > \ > For example, compared to borrowing 50 USDC from a lending protocol that will always result in you receiving exactly 50 USDC, any swaps you execute will only include certain limiting factors, such as the slippage limit that controls the lowest amount you could receive from the swap. Numerous MEV bots will look for transactions in the mempool which would allow them to profit from manipulating the pools that are meant to be used in the swap included in the transaction, thus resulting in your swaps only receiving the minimum amount set by your slippage limit, instead of the estimated and expected amounts. ### What types of transactions at DeFi Saver are vulnerable to MEV attacks? This would be all transactions that include a swap within, such as: Boosts, Repays, leveraged create, leveraged close (aka self-liquidation), as well as collateral and debt swaps. ## How to avoid MEV attacks and prevent losses? ### Using TxSaver For all Safe smart wallet users, we introduced [TxSaver](https://help.defisaver.com/features/txsaver). This tool lets you simply sign the wanted transaction and let TxSaver handle the transaction submission while keeping it safe from MEV attacks. {% hint style="info" %} *If you currently have a position on a DSProxy, you can consider migrating it to a Safe to gain access to TxSaver.* {% endhint %} ### Setting a private RPC in your wallet For DSProxy users, the best option would be to configure a MEV-preventing RPC in your wallet that you can temporarily switch to when submitting transactions. The most popular options and one's we usually recommend are: * [MEVBlocker](https://mevblocker.io/) * [Flashbots Protect](https://docs.flashbots.net/flashbots-protect/overview) Using these, your transactions will be privately submitted directly to block builders, allowing your transactions to be executed before any bots can realize if there's any value they can potentially extract. Note that these RPCs may not be ideal for everyday use and transactions could potentially be harder to track. If you face such issues, consider using these RPCs only when needed (i.e. only at the moment of submitting your transaction), while switching to regular RPCs for regular apps use and transactions that don't include swaps. {% hint style="info" %} *Our DFS Automation bots already use MEV preventing RPCs whenever possible.* {% endhint %} *** ## Related Articles: * [TxSaver](https://help.defisaver.com/features/txsaver) * [Cost-efficient and MEV-free transactions](broken://pages/BTTcNZ8xLzpgn3b7Xeu5) # Liquidity Sources of DeFi Saver This is a list of DEXes and other liquidity sources used for features such as Boost, Repay and others. Many of the leverage management and loan shifting features on DeFi Saver - including Boost, Repay, as well as Collateral or Debt shifts, include an on-chain token swap. In order to provide the best rates possible on all token swaps, we have integrated the following DEX aggregators: * 1inch * Paraswap * Kyber * 0x * Bebop * Velora
And also on-chain DEXes: * Uniswap v3 * Uniswap v2 * Cyber * Curve * Sushi Swap DeFi Saver also has a fallback mechanism in case a swap route fails, as our aggregator will automatically simulate routes until it finds a successful one for your transaction:
*** ## Related articles: * [Exchange](https://help.defisaver.com/features/exchange) * [Boost & Repay](https://help.defisaver.com/features/boost-and-repay) * [Loan Shifter](https://help.defisaver.com/features/loan-shifter) # 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) {% hint style="success" %} *At the moment, there are no fees from DeFi Saver on all transactions involving Pendle Principal Tokens (PT) for PT positions on Aave.* {% endhint %} {% hint style="info" %} *We strive to optimize our tools and avoid fees for users where possible. For example - when creating a leveraged wstETH/ETH position, we'll default to acquiring the wstETH through Lido.*\ \ *This ensures the user pays neither the DeFi Saver fee (as there is no swap happening), nor paying any slippage.* {% endhint %} ### 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). {% hint style="info" %} *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.* {% endhint %} ### 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 {% hint style="info" %} *The Aave flash loan action in the Recipe Creator has the Aave protocol fee of 0.09% which isn't a DeFi Saver fee.* {% endhint %} ### 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. {% hint style="info" %} *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...)* {% endhint %} ### 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. {% hint style="info" %} *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.* {% endhint %} *** ## Related Articles: * [How to stay safe using DeFi Saver](https://help.defisaver.com/general/what-is-defi-saver/defi-saver-and-security/how-to-stay-safe-using-defi-saver) # Smart Wallets A Smart Wallet is a smart contract-based wallet that enables easier position management and various complex operations. It is essentially your DeFi Saver/ETH Saver account, as it keeps all your positions created using both apps. {% hint style="info" %} Your Smart Wallet is created by you, owned by you and it can be accessed and managed solely by you. {% endhint %} ### Why do I need a Smart Wallet? DeFi protocols support simple, straightforward operations inside a single transaction. For example, you can execute a simple ETH supply on Aave. However, in order to do a complex task such as leveraging ETH to borrow DAI and sell it for more ETH, you would have to execute at least 3 separate transactions. > What smart contract-based wallets enable you is to execute multiple things inside a single transaction (for the techies: they do this by providing an execution context using \`delegatecall\`). Thus, instead of 3 separate transactions, you would execute a single one. Once you have this flexibility, you are able to do all sorts of things such as: * Easily creating leveraged positions. * Shifting them effortlessly between protocols and assets. * Creating completely custom-tailored recipes for your specific use case.
Some of these operations would be significantly less safe to do over separate transactions. For example, executing a position Repay when you're near liquidation (withdraw some collateral, swap, and pay back some debt) would be risky, as it would temporarily decrease your liquidation ratio even further. Executing all the steps at once, atomically, is a safer and easier way to do it. Additionally, many of these operations wouldn't even be possible without a Smart Wallet. Anything that uses flash loans is a good example of this. A flash loan would allow you to repay a large chunk of a position even when you don't have enough unutilized collateral to use as liquidity. ### Is a Smart Wallet safe to use? In addition to more flexibility, these wallets represent an additional layer of safety by providing a layer of separation between your main wallet (often referenced as an *Externally Owned Account - EOA*) and the DeFi protocols you use. Token approvals are never given directly to the protocol, but instead proxied through the Smart Wallet. There are two types of Smart Wallets utilized on DeFi Saver:
* Safe Smart Wallets - These are the default Smart Wallets on DeFi Saver, as they've become the industry-standard Smart Wallets with the best cross-app compatibility
* DSProxy - The wallet itself is fairly minimal and has been battle-tested since 2018. In technical terms, it is MakerDAO's [DsProxy](https://github.com/dapphub/ds-proxy). \ \ In fact, if you ever used the Maker protocol in the past, you already have a Smart Wallet that will be used in DeFi Saver (and vice-versa). {% hint style="info" %} *ETH Saver uses a separate registry for technical reasons (in order to support multiple positions per protocol, as well as advanced profit tracking), but the actual wallets are exactly the same.* {% endhint %} ### Is the DSProxy Smart Wallet cross-compatible? We decided to use Maker's DSProxy as a basis for DeFi Saver in the beginning as it was and is a thoroughly tested and well-audited piece of open-source code that's perfectly capable of doing everything we have imagined and created as of now. > Additionally, this being an open standard and registry, we hoped other protocols and interfaces would adopt it, seeing it as a key to DeFi's interoperability. \ > \ > However, the ecosystem diverged over time, with protocols implementing an EOA-only or a protocol-specific bundling approach, and different interfaces developing walled gardens using proprietary, closed-off, allowlist-based wallets. DeFi Saver's team remains committed to supporting an open ecosystem, using open and permissionless standards. We hope to see a unified approach adopted across DeFi in the future, and we are actively following and supporting efforts to do so, account abstraction being one of them. {% hint style="info" %} *Additionally, as mentioned above, in order to support multiple Smart Wallets per EOA (multiple positions per protocol), as well as precise profit tracking, ETH Saver uses a separate registry from the original MakerDAO one.* \ \ *This means that your Smart Wallets don't carry over between DeFi Saver and ETH Saver.* {% endhint %} # Can I access DeFi Saver created positions using other apps? DeFi Saver requires that positions created through our app are held within a Safe Smart Wallet. This is because Safe wallets allow the execution of complex transactions that include multiple steps within them (such as our Boost & Repay tools, or Automations) Seeing as Safe Smart Wallets have their own address, you can still access any other frontend that supports them - meaning your position created through DeFi Saver can be accessed directly on the protocol's app. We have a dedicated guide on how you can connect your Safe to other apps [here.](/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) If your positions are on a DSProxy, you'll still be able to connect to apps outside of DeFi Saver. However, that will require you to use the [DSProxy Connect tool - which you can learn more about on its Knowledge Base article.](https://help.defisaver.com/general/smart-wallets/connecting-your-dsproxy-to-third-party-dapps) {% hint style="info" %} *When using any of our Automation strategies, we advise not to make adjustments to your position on other protocol interfaces since it might trigger automation; which can go unnoticed when viewing your position elsewhere and thus cause a complication.* {% endhint %} *** ## Related Articles: * [Connecting your Safe wallet to third party apps](https://help.defisaver.com/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) * [Connecting your DSProxy to third-party dApps](https://help.defisaver.com/general/smart-wallets/connecting-your-dsproxy-to-third-party-dapps) * [I opened a position outside of DeFi Saver - Can I manage it on DFS?](https://help.defisaver.com/general/smart-wallets/i-opened-a-position-outside-of-defi-saver-can-i-manage-it-on-dfs) # 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. *** ## Related Articles: * [Difference between single ownership (1 / 1) Safes and Multisigs](https://help.defisaver.com/general/smart-wallets/difference-between-single-ownership-1-1-safes-and-multisigs) * [Can I access DeFi Saver created positions using other apps?](https://help.defisaver.com/general/smart-wallets/can-i-access-defi-saver-created-positions-using-other-apps) * [What if I lose access to my Safe Smart Wallet?](https://help.defisaver.com/general/smart-wallets/what-if-i-lose-access-to-my-safe-smart-wallet) # Difference between single ownership (1 / 1) Safes and Multisigs There are two types of Safe Smart Wallets users can have depending on the number of signers connected to the wallet:
* 1 / 1 - Meaning that there's only a single signer and owner of the Safe wallet. DeFi Saver's interface views these wallets as a direct extension of the EOA account that owns them. * Multisigs, shown as ( x / y ), where x is the number of signers required for the transaction to go through, and y is the total number of signers for the wallet.
Seeing as DeFi Saver's perceives 1/1 wallets and Multisigs differently, there are some differences to how they're used on DeFi Saver:
* For 1/1 Safes, funds need to be on the EOA wallet that owns the Safe. If the funds are transferred to the Safe wallet itself, they can't be used on DeFi Saver until they're withdrawn from the Safe to the EOA. This can be done either by withdrawing directly from the Safe UI or via DeFi Saver's interface.
* For Multisigs, the funds can be either on one of the EOA signer wallets, or the Safe wallet itself. Our UI will provide you with the option to choose where the funds are coming from when executing an action.
* When a transaction is submitted via a 1/1 Safe - It's instant. However for Multisigs, the required number of signers must sign the transaction first before it proceeds.\ \ DeFi Saver has native Multisig support, meaning that every account associated with a Multisig will be able to sign transactions directly through our interface, on the Portfolio page. *** ## Related Articles: * [Why is Safe DeFi Saver's default Smart Wallet?](https://help.defisaver.com/general/smart-wallets/why-did-we-switch-to-safe) * [Connecting your Safe wallet to third party apps](https://help.defisaver.com/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) * [Why did we switch to Safe?](https://help.defisaver.com/general/smart-wallets/why-did-we-switch-to-safe) # Connecting your Safe wallet to third party apps If you've opened a position on DeFi Saver, you've also created a Safe smart wallet to house the position. Safe has become the standard smart wallet across DeFi apps, so you'll also be able to access them directly with your Safe smart wallet. This also means you'll be able to view your position created through DeFi Saver outside of our app. The first, and most common way you can connect to apps is through WalletConnect:
Show me how: Let's use an example of connecting to Aave directly from their website. First, we go to the Aave app, and click on "Connect Wallet":
This will provide us with the WalletConnect code, and we can click on "Copy to Clipboard"
Then, we visit the Safe app located on :
You can click on "Connect" in order to connect with your EOA account that owns the Safe, which will show you all of the Safe accounts associated with your wallet (as per the screenshot above). As such, the next step would be to choose the Safe wallet you'd like to connect with:
We now want to click the WalletConnect icon in the top right corner, and enter the WalletConnect code we got from Aave:
Now if we go back to the Aave app, our Safe will be connected!
On the other hand, you can also connect with apps directly through the Safe app:
Show me how: First, we visit the Safe app located on :
You can click on "Connect" in order to connect with your EOA account that owns the Safe, which will show you all of the Safe accounts associated with your wallet (as per the screenshot above). As such, the next step would be to choose the Safe wallet you'd like to connect with:
Once here, we want to click on "Apps" from the menu on the left-hand side:
In the search bar, you can then type in the name of the app you'd like to connect to. In this example, we'll do Aave. Now, when we click on the Aave tab, we'll be connected to Aave throgh our Safe wallet:
{% hint style="info" %} *You won't find all apps by searching directly in the Safe app, so if you don't see the one you're interested in, we recommend visiting it directly and following the steps from the WalletConnect guide.* {% endhint %}
## How do I claim rewards with my Safe wallet? Since your DeFi position is located on a Safe, it's going to be the wallet that's eligible to claim rewards (if you qualify for any). \ \ While DeFi Saver aims to have all rewards claimable directly through our interface, in case we don't support the claiming of a certain reward - You can still follow the steps outlined in this article to connect to the relevant app directly and claim the rewards. *** ## Related Articles: * [Smart Wallets](https://help.defisaver.com/general/smart-wallets) * [Why is Safe DeFi Saver's default Smart Wallet?](https://help.defisaver.com/general/smart-wallets/why-is-safe-defi-savers-default-smart-wallet) * [Can I access DeFi Saver created positions using other apps?](https://help.defisaver.com/general/smart-wallets/can-i-access-defi-saver-created-positions-using-other-apps) # Connecting your DSProxy to third-party dApps {% embed url="" %} For users that held or still hold positions open on a DSProxy there was previously a concern of DeFi Saver availability due to lack of frontends that supported DSProxys.\ \ Additionally, users would depend on us to create custom claim options for any protocol incentives and rewards, or other custom options [(such as Spark $SPK Staking),](/protocols/spark/how-do-i-claim-and-stake-my-spk-if-i-own-a-dsproxy) which is never ideal, regardless of how proactive we try to be with these things. That's why we joined forces with [apoorveth](https://x.com/apoorveth), the creator of Swiss Knife EVM tools collection, in creating DSProxy Connect - a tool that lets DSProxy owners connect to any third-party dApp and perform wanted transactions as if it were an EOA wallet.
Show me how: First, open the [**DSProxy connect tool.**](https://dsproxy.defisaver.com/) This will take you to a new page, where you'll first need to connect your DSProxy account by clicking the "Connect" button:
The tool will automatically detect the Chain you're currently on - However you can also change it from the dropdown menu.\ \ After that, you'd need to enter your DSProxy address. If you enter an invalid one, our tool will notify you. {% hint style="warning" %} Please keep in mind that the "DSProxy Contract Address" is not the same as the address of the EOA wallet that owns the DSProxy - To find the address of the DSProxy, please:\ \ 1\. Visit DeFi Saver\ 2\. Connect with your EOA wallet\ 3\. Click on the wallet dropdown menu\ 4\. Click on the DSProxy address to copy it to your clipboard:
![](/files/jemb03hrBgpjEEWPZbUz) {% endhint %} Once that's done - visit the dApp you want to interact with. From there, get the WalletConnect code:
You can then navigate back to the Swiss Knife tool, and under the "Connect to dApp" section, enter the WalletConnect code and press "Connect":
Once successful, you'll see an active session pop-up underneath, along with the specific app you're connected to. Now, you can visit the dApp you'd like to use (in this case, Aave) and perform any action you'd like. In this example, we'll withdraw ETH on Aave v3 Arbitrum:
Once you approve the transaction, we'll first need to approve the Executor Contract Address on the Swiss Knife app:
Once it's approved, we can initiate the withdrawal transaction:
This will prompt one more approval on the Swiss Knife tool:
Once that's approved, the withdrawal will be a success:
And that wraps up all of the steps required to get your DSProxy to behave like an EOA on any third-party dApp you'd like.
*** ## Related Articles: * [Can I access DeFi Saver created positions using other apps?](https://help.defisaver.com/general/smart-wallets/can-i-access-defi-saver-created-positions-using-other-apps) * [Smart Wallets](https://help.defisaver.com/general/smart-wallets) # I opened a position outside of DeFi Saver - Can I manage it on DFS? If you opened a position with any of the protocols supported by DeFi Saver, you'll be able to view it by connecting the wallet holding it to our app. However, managing your position with our advanced tools may be unavailable based on the wallet you used to open the position:
* If you used an EOA (personal) wallet to open the position, you would need to migrate your position from the EOA wallet to a Safe wallet. \ \ This will allow you to perform complex transactions such as DeFI Saver's signature Boost & Repay tool, or use our Automations. {% hint style="info" %} *For certain protocols such as Aave, we've made advanced tools available for EOA wallets as well - for more information on this compatibility,* [*please refer to this article HERE.*](https://help.defisaver.com/general/compatibility/wallet-compatibility/what-features-do-eoa-wallets-have-access-to) {% endhint %} * If you used a Safe wallet to open the position, you'll be able to manage it on DeFi Saver from the get-go {% hint style="info" %} *If you're unfamiliar with Safe wallets, you can read all about them and how they work within DeFi Saver in the* [*Smart Wallets section.*](https://help.defisaver.com/general/smart-wallets) {% endhint %} *** ## Related Articles: * [Can I access DeFi Saver created positions using other apps?](https://help.defisaver.com/general/smart-wallets/can-i-access-defi-saver-created-positions-using-other-apps) * [Smart Wallets](https://help.defisaver.com/general/smart-wallets) * [Why is Safe DeFi Saver's default Smart Wallet?](https://help.defisaver.com/general/smart-wallets/why-is-safe-defi-savers-default-smart-wallet) * [Migrating positions from an EOA to a Smart Wallet](https://help.defisaver.com/general/compatibility/migrating-positions-from-an-eoa-to-a-smart-wallet) # What if I lose access to my Safe Smart Wallet? Your Safe smart wallet is accessed by connecting your EOA wallet (i.e. MetaMask, Rabby, etc...) to the Safe app. \ \ As such, there's no way for you to lose access to your Safe wallet, since it also has no private key. It's always accessible via your EOA. That said, if you lose access to your EOA wallet, you also won't be able to access your Safe. > This also means that if, for example, you have a Ledger wallet and decide to get a new one - by importing the private key of your original EOA, you'll immediately have access to your Safe smart wallet by connecting it to the Safe app. *** ## Related Articles: * [Why is Safe DeFi Saver's default Smart Wallet?](https://help.defisaver.com/general/smart-wallets/why-is-safe-defi-savers-default-smart-wallet) * [Connecting your Safe wallet to third party apps](https://help.defisaver.com/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) * [Difference between single ownership (1 / 1) Safes and Multisigs](https://help.defisaver.com/general/smart-wallets/difference-between-single-ownership-1-1-safes-and-multisigs) # How do I change ownership of my Safe or DSProxy? While the process of changing ownership for both Safe Smart Wallets and DSProxys is simple - the actual steps are considerably different:
Changing ownership of a Safe To change the owner of a Safe - first, connect to the Safe app and open your Safe wallet. Once there, click on the "Settings" tab:
Once there, click on the "Replace signer" button, which is represented as an icon to the right of your wallet address. On the next page, you'll just need to input the wallet address of the new owner and execute the transaction:
Click "Next" - and you'll get a final preview of the transaction, along with an option to simulate it on Tenderly.
Changing ownership of a DSProxy One option is to change ownership directly on Etherscan by using the "Set Owner" function. While this gets the job done, if you plan on using it on DeFi Saver - we do not recommend this as the Set Owner function will not reflect the change in ownership on DeFi Saver's frontend. Instead - the easiest option is to visit the following link directly: It will take you to a page on DeFi Saver that's only accessable through this URL:
From there - simply connect your EOA owner wallet to DeFi Saver, and input the new owner address for your DSProxy. This will ensure that the ownership change is recognized by DeFi Saver's frontend.
{% hint style="danger" %} *While changing ownership of both Safes and DSProxys is relatively straightforward, we can't stress enought that inputting an incorrect wallet address can result in your permanently losing access to your Safe/DSProxy.*\ \ *Please pay extra attention and triple-check before executing the ownership change, as a mistake cannot be reversed (unless you have access to the wallet you input, even if it might not be the correct one).* {% endhint %} *** ## Related Articles: * [Connecting your Safe wallet to third party apps](https://help.defisaver.com/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) * [Connecting your DSProxy to third-party dApps](https://help.defisaver.com/general/smart-wallets/connecting-your-dsproxy-to-third-party-dapps) * [Why is Safe DeFi Saver's default Smart Wallet?](https://help.defisaver.com/general/smart-wallets/why-is-safe-defi-savers-default-smart-wallet) # Compatibility While DeFi Saver aims to incorporate features that are popular and requested by our userbase, the resources required for such an endeavor prevent us from covering all possible requests. As such, compatibility plays a role in which protocols are available on which chains, as well as with the availability of certain features on specific protocols/chains. The articles in this section will cover all of the feature and protocol compatibilities on DeFi Saver. > We hold a strong belief in onboarding projects that bring true value to the DeFi landscape, and prioritize projects that are based on longevity, not promises of quick and fast earning at the expense of the protocol's lifecycle. If you notice that your protocol of choice or preferred assets are not available on DeFi Saver, feel free to [join our Discord server](https://discord.com/invite/XGDJHhZ) and share your feedback there. User feedback is one of the building blocks of our tool, so we're always listening to the insight that comes our way. # Wallet Compatibility Great support for different Web3 wallets has always been one of our priorities, including a strong focus on a great hardware wallet experience.
The list of wallets you can use with DeFi Saver includes (*but is not limited to*): * MetaMask * Ledger (both natively and via MetaMask or Frame) * Trezor (both natively and via MetaMask or Frame) * Frame * Tally Ho * XDEFI * Rabby * Fortmatic * WalletConnect * WalletLink (Coinbase) * MetaMask Mobile * Rainbow * Argent (via WalletConnect) * Ambire * Status.im * Coinbase wallet * Trust wallet * imToken wallet * Opera * Enjin Wallet Additionally, any wallet management app that includes support for WalletConnect should be able to login and interact with DeFi Saver. We support WalletConnect both in terms of QR connecting (with two devices) and mobile linking (connecting on the same device), as previewed [here](https://twitter.com/DeFiSaver/status/1272661134819110913). {% hint style="info" %} I*f you are experiencing issues with connecting (especially with MetaMask) please check that you don't have multiple wallet extensions in the browser that you're currently using.* \ \ *This commonly creates an issue when trying to connect to DFS.* {% endhint %} *** ## Related Articles: * [Smart Wallets](https://help.defisaver.com/general/smart-wallets) * [What features do EOA wallets have access to?](https://help.defisaver.com/general/compatibility/wallet-compatibility/what-features-do-eoa-wallets-have-access-to) # What features do EOA wallets have access to? Users who have a DeFi position on an EOA are still able to connect and see their position on DeFi Saver. However, since our advanced features require the position to be on a Safe smart wallet - certain tools are not available. EOA positions have access to the following features: * Supply * Borrow * Pay Back * Withdraw > Although our Boost and Repay features are advanced tools, users with an EOA position are still able to utilize them on the following protocols: > > * Aave > * Spark > * Morpho > * Compound V3 > > This is made possible by creating a Safe wallet as operator contract that's used to execute the complex transaction, while still keeping the position on an EOA.\ > \ > Additionally, Aave users on an EOA are also able to utilize the Collateral and Debt switch tool, as well as automations (except the Collateral Switch automation, which is only available for owners of Smart Wallets) - while Compound EOA users are able to access Collateral switch and our automation options. This still leaves the following tools as unavailable for EOA wallets: * Create (1-tx opening of a position) * Leveraged Create (1-tx opening of a leveraged position) * Close (1-tx deleveraging and withdrawing of collateral) * [Repay and Boost](https://help.defisaver.com/features/boost-and-repay) (on protocols that weren't mentioned above) * [Automations](https://help.defisaver.com/features/automation) (on protocols that weren't mentioned above) * [Loan Shifter](https://help.defisaver.com/features/loan-shifter) * [Recipe Creator](https://help.defisaver.com/features/recipe-creator) * [Tx-Saver](https://help.defisaver.com/features/txsaver) *** ## Related Articles: * [Why is Safe DeFi Saver's default Smart Wallet?](https://help.defisaver.com/general/smart-wallets/why-is-safe-defi-savers-default-smart-wallet) * [Migrating positions from an EOA to a Smart Wallet](https://help.defisaver.com/general/compatibility/migrating-positions-from-an-eoa-to-a-smart-wallet) # Supported Chains and Protocols DeFi Saver currently supports 6 Chains: * Ethereum * Arbitrum * Optimism * Base * Linea * Plasma Each Chain has different support for the Protocols available on DeFi Saver: | Protocol | Ethereum | Arbitrum | Optimism | Base | Linea | Plasma | | ----------- | -------- | -------- | -------- | ---- | ----- | ------ | | Aave v3 | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | | Compound v3 | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | | Fluid | ✅ | ✅ | ❌ | ✅ | ❌ | ✅ | | Morpho | ✅ | ✅ | ❌ | ✅ | ❌ | ❌ | | Liquity v2 | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | | Maker | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | | CurveUSD | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | | Sky | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v2 | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | | Spark | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | | Euler v2 | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | | LlamaLend | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | *** ## Related Articles: * [Automation Compatibility](https://help.defisaver.com/features/automation/compatibility) * [Wallet Compatibility](https://help.defisaver.com/general/compatibility/wallet-compatibility) # Plasma Chain ## What is Plasma Chain? Plasma is a high-performance Layer 1 blockchain built specifically for stablecoin payments at global scale, offering instant transfers, low (or zero) fees for USD₮, and full EVM compatibility.\ \ The PlasmaBFT consensus protocol is the key to Plasma's goal of speed and efficiency, as it provides rapid finality and low latency while maintaining security. For example, users can transfer USDT without fees, enabling borderless digital transactions without intermediaries. \ In terms of scalability, it supports over 1000 transactions per second with block times under 1 second, drastically reducing costs and increasing throughput for high-frequency payments compared to traditional blockchains. > Its origins stem from co-founder Paul Faecks, a DeFi entrepreneur who previously launched the fintech startup Alloy in 2021. With backing from prominent investors like Peter Thiel's Founders Fund, Bitfinex-linked entities, and advisors such as Paolo Ardoino (CEO of Tether), Plasma has raised over $20 million in funding to develop its Bitcoin-inspired network optimized for stablecoins. \ Since its mainnet beta launch on September 25, 2025, Plasma has quickly achieved a TVL of $2.653 billion as of September 26, 2025. \ The chain's momentum is building rapidly, as the XPL token, launched on September 25, 2025, is expected to drive further adoption and ecosystem growth. ## Yield opportunities on Plasma Yield Opportunities for XPL on Plasma offers several yield opportunities for holders of its native token, XPL, primarily through staking and ecosystem incentives designed to reward network participants and support long-term growth. Additionally, there has been considerable growth in DeFi apps on Plasma, including: ### Aave As the leading lending protocol, the opportunities mainly revolve around favorable supply APYs, with strategies including: * Supplying USDT0 for protocol yield, and additional WXPL points from Merkl * Ethena's liquid leverage strategy, where users supply a 50/50 split of USDe and sUSDe to receive yield and Merkl rewards * Boosted Net APYs through leveraging with stablecoins to capitalize on high supply APYs, and favorable borrow APYs Plasma on Aave is available through DeFi Saver, so users are able to execute 1-transaction leveraging in order to farm stablecoin yields. ### Fluid As of September 26, 2025 - the supply cap for USDT0 on Fluid has been reached, showcasing both the protocols popularity and demand for yield farming on Plasma. Opportunities on Fluid are similar to those on Aave, as they revolve around supplying: * USDT0 * USDe * WETH With additional XPL rewards to boost the yield on the supplied assets. ### Euler Supplying stablecoins like USDT0, USDe or specialized assets (e.g. USR, wstUSR, RLP from Resolv, etc...) allows user to earn \~20-23% APY Along with the base supply yield, this also includes XPL rewards. *** ## Related Articles: * [Protocols on Plasma](https://help.defisaver.com/general/compatibility/supported-chains-and-protocols/plasma-chain/protocols-on-plasma)
# Protocols on Plasma Functionally, Aave on Plasma offers the same UX as the Aave dashboard on any other chain supported by DeFi Saver. This means access to the following suite of tools:
* 1-tx leveraged create of a borrow position * 1-tx Close (repaying debt and withdrawing collateral in one transaction) * Boost (1-tx leveraging of an already opened borrow position by incurring more debt, swapping it to collateral and supplying it) * Repay (1-tx debt repayment by withdrawing collateral, swapping it to debt, and paying back debt) All of these features are available for positions on both an EOA wallet, and Safe smart wallets. > However, there are some position management features that are currently missing on Aave Plasma on DeFi Saver:
> > * Automations > * Notify > > \ > We will be working on making these available in the future. {% hint style="success" %} DeFi Saver also offers DEX meta-aggregation on Plasma, meaning we'll find you the best price for your swaps across multiple DEX aggregators. These include: * 0x * 1inch * Kyberswap Our other aggregator partners (Bebop, Odos, Velora) will be coming soon to the swap routes as well. {% endhint %} This suite of tools is also available for Fluid on Plasma - with Fluid also offering the following markets: * wstUSR/USDT * XAUt/USDe * syrupUSDT/USDT For more information on both the Aave and Fluid dashboards on DeFi Saver, you can refer to their respective Knowledge Base articles: * [Aave Dashboard & Use-case](https://help.defisaver.com/protocols/aave/dashboard-and-use-case) * [Fluid Dashboard & Use-case](https://help.defisaver.com/protocols/fluid/dashboard-and-use-case) Aside from the Aave and Fluid dashboards, the available DeFi Saver features available on Plasma are: * [Discover Page](https://help.defisaver.com/features/discover) * [Trending Page](https://help.defisaver.com/features/trending-zaps) * [Exchange](https://help.defisaver.com/features/exchange) * [Bridge](https://help.defisaver.com/features/bridge) *** ## Related Articles: * [Plasma Chain](https://help.defisaver.com/general/compatibility/supported-chains-and-protocols/plasma-chain) # Linea Chain ## What is Linea Chain? Linea is an Ethereum L2 that uses zero-knowledge proofs with Type-2 zkEVM execution (EVM-equivalent at the bytecode level), designed to provide an Ethereum-like experience for both developers and users. The zkEVM system is the key of Linea's goal of security and scalability, as zero-knowledge proofs allow users to prove information without having to reveal underlying details. For example, a user can prove they have a certain amount of ETH in their wallet without actually showing their wallet's balance. > In terms of scalability, it creates an environment where, instead of every Ethereum node re-executing each transaction, they only need to verify a succinct zero-knowledge proof that the computation was done correctly. This drastically reduces the computational load on Ethereum, allowing many more transactions to be batched and settled securely on-chain at lower cost and higher throughput. Its origins stem from Consensys, a blockchain software company whose protfolio includes development of MetaMask and Infura. With Nicolas Liochon (head of applied research at Consensys) and Declan Fox (Product lead at Consensys) at the helm, Linea purposely became decentralized from Consensys with the launch of the Linea Association, an independent Swiss non-profit organization. Since its mainnet launch in August 2023, Linea has become the fastest-growing zkEVM on Ethereum, with its TVL sitting at 1.337 billion as of September 9, 2025. The chain's momentum isn't slowing down, as the LINEA token, launching on September 10, 2025 is expected to continue driving adoption and new users. ## Linea Airdrop Linea has officially launched its token, LINEA, alongside one of the largest Layer 2 airdrops to date. With 9,361,298,700 LINEA allocated to be shared across 749,662 eligible addresses, this distribution is designed to reward early users, developers, and liquidity providers who supported the ecosystem from the start. The most important dates for users to have in mind are:
* [Eligibility Checker Live**:** September 3, 2025](https://linea.build/hub/airdrop) * Claim Window**:** September 10, 2025 – December 9, 2025 * Unclaimed Tokens**:** Any tokens not claimed by the deadline will be redirected to the Linea ecosystem fund
The airdrop focuses on rewarding participants who actively contributed to Linea’s early growth. To qualify, users generally needed to meet at least one of the following criteria:
* Linea Voyage Campaigns: Earned at least 2,000 LXP points across seven participation tiers. More information on the tiers [can be found here.](https://linea.build/hub/events/linea-airdrop) * Linea Surge Program**:** Provided liquidity during the LXP-L Surge campaign, with additional boosts for active liquidity providers. ### How to Check Eligibility for Linea Airdrop: 1. Visit the[ Linea Hub Airdrop Checker](https://linea.build/hub/airdrop) 2. Connect your wallet (e.g., MetaMask) 3. Review your eligibility status and token allocation. 4. Return on or after September 10, 2025 to claim your tokens. 5. Claim before December 9, 2025 to avoid losing your allocation. ## DeFi Protocols on Linea Another factor that shows Linea's potential is the growth of DeFi protocols on the chain. Some of the most prominent ones running on Linea Mainnet include:
* Aave, with a TVL of $863 million, making it the largest DeFi protocol on the chain. * Renzo with a TVL of $340 million * Etherex with a TVL of $266 million * Euler with a TVL of $113 million {% hint style="info" %} All of the TVL values are based on the numbers provided by [defillama.com](https://defillama.com/) {% endhint %} Given that Aave is the biggest protocol on the chain, DeFi Saver has integrated Aave on Linea. This provides users with the option of using DeFi Saver's signature position management tools on Linea. To learn more about DeFi Saver's integration of Linea and its instance of Aave, [please visit our dedicated Knowledge Base article.](https://help.defisaver.com/protocols/aave/linea-chain/aave-on-linea) *** ## Related Articles: * [Protocols on Linea](https://help.defisaver.com/general/compatibility/supported-chains-and-protocols/linea-chain/protocols-on-linea) # Protocols on Linea Aave is currently the fastest growing DeFi protocol on Linea Mainnet, with a TVL of $863.36 million as of September 9, 2025 (per [defillama.com](https://defillama.com/chain/linea)) Aside from Aave's overall reputation as the go-to lending protocol in DeFi, its growth on Linea was also boosted by a number of incentives:
* Boosted USDC Yield - Users who supply USDC on Aave Linea get a 2.4% boost on their deposit, while borrowers receive a 2.4% discount on the base Aave variable rate. These incentives are limited to $5,000 combined balance per use (supply + borrow). \ \ These rewards are claimed [via Incentra.](https://incentra.brevis.network/dashboard/)
* LINEA incentives - By providing liquidity to WETH, USDC, USDT lending pools on Aave, users are eligible for LINEA rewards. The reward mechanics are based on pool TVL vs. target TVL and the user's time-weighted average vault share. Adaptive boosts when pools are under-utilized.
* Supplying weETH on Aave Linea makes users eligible for incentives through Merkl, [as per ether.fi](https://x.com/ether_fi/status/1960761119837937724) > Aside from Aave, LINEA incentives also include:
> > * Etherex (USDC/USDT, USDC/ETH, WTBC/ETH, REX/ETH pairs - including extra $REX rewards) > * Euler (WETH, USDC, USDT markets curated by EulerDAO/Gauntlet, Re7 Labs, and Zerolend. Either deposited directly or on Euler Earn.) **Claim schedule:** * Locked (view only) before October 27, 2025 * 40% unlocks on October 27, 2025 * The remaining 60% unlocks linearly over 45 days ## Aave Linea on DeFi Saver Functionally, Aave Linea offers the same UX as the Aave dashboard on any other chain supported by DeFi Saver. This means access to the following suite of tools:
* 1-tx leveraged create of a borrow position * 1-tx Close (repaying debt and withdrawing collateral in one transaction) * Boost (1-tx leveraging of an already opened borrow position by incurring more debt, swapping it to collateral and supplying it) * Repay (1-tx debt repayment by withdrawing collateral, swapping it to debt, and paying back debt) All of these features are available for positions on both an EOA wallet, and Safe smart wallets. > However, there are some position management features that are currently missing on Aave Linea on DeFi Saver:
> > * Automations > * Notify > > \ > We will be working on making these available in the future. {% hint style="success" %} DeFi Saver also offers DEX meta-aggregation on Linea, meaning we'll find you the best price for your swaps across multiple DEX aggregators. These include: * 0x * 1inch * Kyberswap Our other aggregator partners (Bebop, Odos, Velora) will be coming soon to the swap routes as well. {% endhint %} Aside from Aave, the available DeFi Saver features available on Linea are: * [Discover Page](https://help.defisaver.com/features/discover) * [Trending Page](https://help.defisaver.com/features/trending-zaps) * [Exchange](https://help.defisaver.com/features/exchange) * [Bridge](https://help.defisaver.com/features/bridge) *** ## Related Articles: * [Aave Dashboard & Use-case](https://help.defisaver.com/protocols/aave/dashboard-and-use-case) * [Linea Chain](https://help.defisaver.com/general/compatibility/supported-chains-and-protocols/linea-chain) # Migrating positions from an EOA to a Smart Wallet Migrating your position from an EOA to a Smart Wallet can open up a wide range of useful DeFi Saver features - on top of the added layer of security that Safe Smart Wallets offer. No matter which protocol you have a position on, you'll be able to easily migrate it from your EOA to a Smart Wallet:
Show me how: The first step is to navigate to the dashboard of the protocol you're using. For this example, let's say you have a position on Aave. So first, just navigate to the Aave dashboard on DeFi Saver:
Once there, click on the Migrate button, located right next to the "Create" option:
This will open a pop-up window where you'll be able to select the destination of your migration:
If you have an existing Smart Wallet under the ownership of the EOA, you'll be able to migrate to it - if you don't have an existing one, the only option will be "Create a new wallet". The remaining steps would be to click the "Migrate" button, sign the transaction(s) - and your position will be migrated to a Safe Smart Wallet.
## Accessing your Safe wallet after migration Once you've migrated, you'll be able to access your Safe wallet via the safe.global app. Simply connect your EOA (owner) wallet, and the app will show you the newly created Safe. ## Are there any fees when migrating? There are no fees from DeFi Saver for migrating. However, standard gas fees apply.\ \ Additionally, Migrate uses a flash loan to clear your initial debt, move your collateral assets (aTokens) to the Smart Wallet, recreate your debt via Smart Wallet and then have the flash loan debt cleared. While DeFi Saver first tries finding a free flash loan source (Morpho, Balancer, etc...) - if no free sources are found, an Aave flash loan is used, which has a 0.09% protocol fee. {% hint style="warning" %} *Please note that migrating only works one-way, from an EOA to a Smart Wallet. Reverse migration, where a position is moved back from a Smart Wallet to an EOA is not possible.* {% endhint %} *** ## Related Articles: * [Connecting your Safe wallet to third party apps](https://help.defisaver.com/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) * [Can I access DeFi Saver created positions using other apps?](https://help.defisaver.com/general/smart-wallets/can-i-access-defi-saver-created-positions-using-other-apps) # Migrating your position from Summer.Fi to DeFi Saver By migrating their position through our interface, Summer.Fi users unlock access to DeFi Saver's powerful advanced features. These features include:
* [Boost and Repay](https://help.defisaver.com/features/boost-and-repay) - Easily increase exposure to the collateral asset or repay part of the debt in one transaction. * [CDP Automations](https://help.defisaver.com/features/automation) - such as Automated Leverage Management, automated Stop Loss/Take Profit and Boost/Repay on Target Price. * [Loan Shifter](https://help.defisaver.com/features/loan-shifter) - which allows users to either shift their entire position to a different protocol, or shift their collateral/debt asset. * [TxSaver](https://help.defisaver.com/features/txsaver) - this unique feature lets users pay for gas fees directly from their position, offers MEV protection, and a guarantee that the transaction succeeds (if not, DeFi Saver covers the gas fees).
The process is extremely straightforward, as DeFi Saver will automatically recognize if a connected wallet has a position on Summer.Fi, and provide the option to migrate.
Show me how: Once you've connected your wallet to DeFi Saver, the "Portfolio" page will automatically detect your current Summer.Fi position:
Simply clicking on the "Migrate" button will trigger a pop-up window. Here, you'll be able to select whether you'd like to migrate to an existing Safe smart wallet, or create a new one. Creating a new one is done through the DeFi Saver interface by simply approving the transaction. To execute the migration, simply click on "Migrate". Once that transaction is signed and successful, your position will now be on a Safe smart wallet, giving you access to DeFi Saver's powerful suite of tools. {% hint style="success" %} *This means that* *your position is no longer on a proprietary Summer.Fi proxy wallet, but rather on a Safe Smart Wallet.* \ \ *Safe has become one of the standard smart wallets in the industry, and ensures your position is accessible on a vast majority of leading DeFi protocols and platforms.* {% endhint %}
How does the migration work? Let's use an Aave v3 position on Summer.Fi as an example. By utilizing DeFi Saver's custom, multi-step transaction, migrating will trigger the following set of actions to occur within a single block: * Flash loaning the debt asset * The entire debt on the Summer.Fi position is paid back * Permission is provided to the wallet to pull the Aave collateral tokens from the Summer.Fi proxy * The Aave collateral tokens are then pulled from the Summer.Fi proxy to the Safe smart wallet * An added step notes that the Safe smart wallet is using the pulled aTokens as collateral * The same E-Mode from the Summer.Fi position is set for the migrated position * Debt is borrowed from the migrated Aave position in order to pay back the flash loan From the user-side, the maximum number of steps you need to take is 3: * Creating a new Safe smart wallet (if you don't currently have one) through the DeFi Saver interface * Token approval * Approving the migration
This simple, one-transaction migration to DeFi Saver can be done for Summer.Fi positions on the following protocols: * Aave V3 * Maker * Spark *** ## Related Articles: * [Why is Safe DeFi Saver's default Smart Wallet?](https://help.defisaver.com/general/smart-wallets/why-is-safe-defi-savers-default-smart-wallet) # Automation Compatibility Advanced automations on DeFi Saver run using our custom-built smart contracts. As such, manual work and resources are required to ensure that the tools we have are compatible with the most popular chains and protocols. {% hint style="info" %} *The availability of automation strategies is the same across all chains except:*
* *Compound on Optimism - no automations available* * *Aave on Plasma and Linea - no automations available* * *Compound (USDS debt) on Base - no automations available* {% endhint %} In this article, we'll see which of our features are available on the protocols supported by DeFi Saver: | Protocol |

Automated Leverage
Management

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Take
Profit

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Stop
Loss

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Boost on
Target Price

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Repay on
Target Price

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Trailing
Stop

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Bonds Liquidation
Protection

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Savings Protection
(Supply)

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Savings Protection
(Payback)

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Redemption
Protection

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Automated
Payback

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Savings Liquidation
Protection

| | ------------------------- | --------------------------------------- | --------------------- | ------------------- | ------------------------------- | ------------------------------- | ----------------------- | -------------------------------------- | ------------------------------------- | -------------------------------------- | ------------------------------- | --------------------------- | ---------------------------------------- | | Aave v3 | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Fluid | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Maker | ✅ | ✅ | ✅ | ❌ | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ✅ | | CurveUSD | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✅ | ❌ | | Sky | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Liquity v1 | ✅ | ✅ | ✅ | ❌ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | | Compound v2 | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDC debt) | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDC.e debt) | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDbC debt) | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (ETH debt) | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDT debt) | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDS debt) | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (wstETH debt) | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Spark | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Morpho | ✅ | ❌ | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Euler v2 | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | LlamaLend | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | For more details on the automation strategies mentioned in the table, please refer to our Automation Strategies article. *** ## Related Articles: * Supported Chains and Protocols * Supported Assets * Wallet Compatibility # Wallet Compatibility Great support for different Web3 wallets has always been one of our priorities, including a strong focus on a great hardware wallet experience.
The list of wallets you can use with DeFi Saver includes (*but is not limited to*): * MetaMask * Ledger (both natively and via MetaMask or Frame) * Trezor (both natively and via MetaMask or Frame) * Frame * Tally Ho * XDEFI * Rabby * Fortmatic * WalletConnect * WalletLink (Coinbase) * MetaMask Mobile * Rainbow * Argent (via WalletConnect) * Ambire * Status.im * Coinbase wallet * Trust wallet * imToken wallet * Opera * Enjin Wallet Additionally, any wallet management app that includes support for WalletConnect should be able to login and interact with DeFi Saver. We support WalletConnect both in terms of QR connecting (with two devices) and mobile linking (connecting on the same device), as previewed [here](https://twitter.com/DeFiSaver/status/1272661134819110913). **If you are experiencing connecting issues (especially with Meta Mask) please check that you don't have multiple wallets extensions in the browser that you're currently using. This commonly creates an issue when trying to connect to DFS.** # What features do EOA wallets have access to? Users who have a DeFi position on an EOA are still able to connect and see their position on DeFi Saver. However, since our advanced features require the position to be on a Safe smart wallet - certain tools are not available. EOA positions have access to the following features: * Supply * Borrow * Pay Back * Withdraw > Although our Boost and Repay features are advanced tools, users with an EOA position are still able to utilize them on the following protocols: > > * Aave > * Spark > * Morpho > * Compound V3 > > This is made possible by creating a Safe wallet as operator contract that's used to execute the complex transaction, while still keeping the position on an EOA. This still leaves numerous useful tools as unavailable for EOA wallets: * Create (1-tx opening of a position) * Leveraged Create (1-tx opening of a leveraged position) * Close (1-tx deleveraging and withdrawing of collateral) * Repay and Boost (on protocols that weren't mentioned above) * Automations * Loan Shifter * Recipe Creator * Tx-Saver # Migrating your position from Summer.Fi to DeFi Saver By migrating their position through our interface, Summer.Fi users unlock access to DeFi Saver's powerful advanced features. These features include:
* Boost and Repay - Easily increase exposure to the collateral asset or repay part of the debt in one transaction. * CDP Automations - such as Automated Leverage Management, automated Stop Loss/Take Profit and Boost/Repay on Target Price. * Loan Shifter - which allows users to either shift their entire position to a different protocol, or shift their collateral/debt asset. * TxSaver - this unique feature lets users pay for gas fees directly from their position, offers MEV protection, and a guarantee that the transaction succeeds (if not, DeFi Saver covers the gas fees).\ \ \ The process is extremely straightforward, as DeFi Saver will automatically recognize if a connected wallet has a position on Summer.Fi, and provide the option to migrate.
Show me how: Once you've connected your wallet to DeFi Saver, the "Portfolio" page will automatically detect your current Summer.Fi position:
Simply clicking on the "Migrate" button will trigger a pop-up window. Here, you'll be able to select whether you'd like to migrate to an existing Safe smart wallet, or create a new one. Creating a new one is done through the DeFi Saver interface by simply approving the transaction. To execute the migration, simply click on "Migrate". Once that transaction is signed and successful, your position will now be on a Safe smart wallet, giving you access to DeFi Saver's powerful suite of tools. {% hint style="success" %} *This means that* *your position is no longer on a proprietary Summer.Fi proxy wallet, but rather on a Safe Smart Wallet.* \ \ *Safe has become one of the standard smart wallets in the industry, and ensures your position is accessible on a vast majority of leading DeFi protocols and platforms.* {% endhint %}
How does the migration work? Let's use an Aave v3 position on Summer.Fi as an example. By utilizing DeFi Saver's custom, multi-step transaction, migrating will trigger the following set of actions to occur within a single block: * Flash loaning the debt asset * The entire debt on the Summer.Fi position is paid back * Permission is provided to the wallet to pull the Aave collateral tokens from the Summer.Fi proxy * The Aave collateral tokens are then pulled from the Summer.Fi proxy to the Safe smart wallet * An added step notes that the Safe smart wallet is using the pulled aTokens as collateral * The same E-Mode from the Summer.Fi position is set for the migrated position * Debt is borrowed from the migrated Aave position in order to pay back the flash loan From the user-side, the maximum number of steps you need to take is 3: * Creating a new Safe smart wallet (if you don't currently have one) through the DeFi Saver interface * Token approval * Approving the migration
This simple, one-transaction migration to DeFi Saver can be done for Summer.Fi positions on the following protocols: * Aave V3 * Maker * Spark # List of apps that users can migrate to DeFi Saver from Users of the following DeFi apps can migrate their positions to DeFi Saver directly through our dashboard:
* Summer.Fi (Aave V3, Maker, Spark positions only) * Instadapp (Maker positions only) # Troubleshooting Whenever you encounter an issue on DeFi Saver, you're more than welcome to write directly through us via our in-app chat, or [join our Discord channel.](https://discord.com/invite/XGDJHhZ) In case you'd like to try and find a solution on the spot, we've prepared articles that cover some of the more common troubleshooting issues we receive. If you opt to write to us on Discord, we suggest following these steps first: * Verify yourself on the *verify* channel * Open a support ticket on the *support-ticket* channel * Include your wallet address along with the issue so that we can start research as soon as possible. We recommend opening up tickets as they ensure the entire discussion around your issue is private between yourself and one of our admins. Public channels are susceptible to scammers trying to redirect users to their channels, although we do our best to ban those on the spot. {% hint style="info" %} *Never share or enter your seed phrase anywhere. No one from the DeFi Saver team will ever DM you first, or ask for your seed phrase or private key.* *The only information we might request during support are public wallet addresses or transaction hashes to help resolve issues.* {% endhint %} # I'm getting "An issue was detected with this transaction that would cause it to fail" error A warning about detected issues with your attempted transaction can sometimes be seen at the transaction confirmation screen, similar to the example screenshot below.
This error means that there's something wrong with the logic of the transaction that would cause it to revert, and an additional indicator of such issues is the extraordinarily high transaction cost, as also visible in the screenshot above. {% hint style="danger" %} *Whenever you see this error **we DO NOT recommend proceeding** as it will almost certainly result in a failed transaction and needlessly wasted ETH on transaction fees, since gas is still paid for transaction execution, even if it ultimately reverts.* {% endhint %} There are a few things that you can try to resolve this: * Try refreshing your page and making the same action again * Try disabling any script-blocking extensions that you have enabled in your browser * Try using a different browser * Try using a different amount If none of the above helps, please feel free to reach out to our team, either using the in-app help chat widget or through [our discord server](https://discord.gg/XGDJHhZ). In cases where slippage settings might be preventing the transaction from succeeding, our interface will offer users an alternate swap route:
{% hint style="warning" %} *Please note that this feature is not available on Maker and CurveUSD, so on these protocols, you'll still see the "An issue was detected..." warning even if slippage is the reason why.* {% endhint %} # My transaction is pending / not going through - what should I do? The speed at which a transaction will be executed (or mined) depends on the gas price you configure at the moment when you submit your transaction.
In case you submit a transaction with a lower gas price than what is currently recommended, your transaction could get stuck for potentially hours or even days. Thankfully, the option to configure your gas price is present in the DeFi Saver interface for each transaction you want to make, together with the option to select the currently fast gas price (which is always recommended).
## What should you do if your transaction has been stuck (pending) for long? Depending on the type of the transaction, we either recommend speeding up your transaction (by re-sending it with a higher gas price) or cancelling it. Speeding up is recommended for any standard interactions available at DeFi Saver, such as adding collateral to your portfolio or withdrawing assets. > However, in case your transaction was supposed to include a token swap (e.g. a Boost or a Repay transaction) then we recommend cancelling it and then later creating a new transaction using fast gas. This is because a transaction that's meant to execute a token swap using a decentralized exchange is more and more likely to fail as time goes by, as the conditions on the exchanges are constantly changing. For ways to cancel or speed up your transaction, please refer to these guides: * [How to speed up or cancel a pending transaction - MetaMask Support](https://metamask.zendesk.com/hc/en-us/articles/360015489251-How-to-Speed-Up-or-Cancel-a-Pending-Transaction) * [Transaction stuck in pending - Ledger Support](https://support.ledger.com/hc/en-us/articles/360020854714-Transaction-stuck-in-pending-) * [How to “Cancel” Ethereum pending transactions? - Etherscan Information Center](https://info.etherscan.com/how-to-cancel-ethereum-pending-transactions/#replacing-cancel-pending-transactions) # I lost more on a DeFi Saver swap than I expected After executing a transaction on DeFi Saver that includes swaps, such as: * Creating a leveraged position * Repay * Boost * Close Based on the assets being swapped, you might think that you got a very bad price for one of the swaps on Etherscan. Let's look at an example:
1. On the following Etherscan transaction, we can see a DeFi Saver "Leveraged Create" transaction:
Open screenshots:
2. DeFi Saver meta-aggregates the most popular DEX aggregators in order to find the best possible swap route for users. It also finds the best flash loan option available, focusing on those that don't have fees. 3. Within the Etherscan transaction, we can see the following swap:
4. Seemingly, this transaction swapped 3,984,878 sUSDe worth $4,781,853.65 for 4,726,804 USDT, which is over a $50,000 loss on the swap. This might seem like a considerable loss and not aligned with the slippage settings at the time the transaction was submitted. 5. However, the issue here is that the dollar values Etherscan shows is the current value of tokens on CoinGecko and CoinMarketCap - not the market price at the time of the swap. 6. So if we take a look at the market price of the sUSDe/USDT pair on Fluid at the time of the transaction, it's going to show us the actual swap value:
Show me the breakdown: The date and time of the Etherscan transaction:
The Fluid DEX chart for the sUSDe/USDT pair on that date and time:
This gives us the price of 1 sUSDe = 1.18709 USDT Going back to the swap, we have:\ \ 3,984,878 sUSDe \* 1.18709 = 4,730,409 USDT This gives a loss of $3,605 which fits within slippage settings of 0.1% for such a large transaction.
We can now see how it might look like you lost more funds during a swap than expected. {% hint style="info" %} This *might not always be the case, as your transaction could be the victim of a MEV attack.* \ \ *To secure yourself from MEV attacks and ensure you get the best swap prices, we recommend using* [*TxSaver* ](https://help.defisaver.com/features/txsaver)*when submitting your transaction.* {% endhint %} # My MetaMask account is failing to load - what should I do? When connecting to a dApp using MetaMask you are using the Ethereum node that is specified in your MetaMask configuration. By default, MetaMask uses Infura as their node provider and does not have an alternative option as a fallback. However, users can add other node providers in MetaMask and switch to those when needed. {% hint style="info" %} *Connecting with any other wallet type (e.g. connecting a Ledger or Trezor hardware wallet directly or connecting via WalletConnect) would be using the nodes used by DeFi Saver.* \ \ *If you're experiencing issues with connecting using MetaMask and have access to any of these other wallets, we suggest trying any of those first.* {% endhint %} ## How to add and use a different node provider in MetaMask The process is relatively simple, although the option is somewhat burried in the menus. These are the steps:
Once you're on the "Add Network" screen you should enter the details of an alternative node provider you selected. For a list of numerous options, along with their current service status, please see [Ethereum Nodes](https://ethereumnodes.com/). Once you've chosen your provider and entered their RPC URL, you can set any Network Name (e.g. Alchemy Ethereum) and you will need to set the Chain ID to "1". Other fields are needed. # I can't see the liquidation price for my position If you have multiple tokens as collateral, DeFi Saver does not show the Liquidation Price as it would be extremely hard to calculate precisely. \ \ The amount would depend on the price movement of multiple different tokens at the same time, which creates the bottleneck. However, your Safety/Health Ratio will remain visible, so you will still have metrics to rely on for risk management. # I cannot make any transactions using DeFi Saver after using Furucombo? The Furucombo app has similar functionalities to DeFi Saver and also offers some management options for positions created and held on a Smart Wallet (dsproxy). However, their current app configuration requires a non-standard setup of the dsproxy, which they require you to apply before using their app. *If you arrive at this or a similar page and go through the process, please note that any transaction attempts made at DeFi Saver later on will not work (you will see a transaction failing warning).*
In case you have done the dsproxy changes proposed by the Furucombo app, you will need to reach out to our team to undo the changes and resolve this. Please either use the in-app chat or join [our discord](https://discord.com/invite/XGDJHhZ) to connect. *We have reached out to the Furucombo team and received information that they will be switching over to the standard use of dsproxy (Smart Wallet) by the end of 2021 which should make the two apps fully compatible.* # Issues caused by in-browser translators Resolving potentially UI-breaking issues caused by translators built into your browser. Sometimes, users of DeFi Saver might experience unexpected crashes or unusual behavior when their web browser's automatic translation feature is enabled. This can be frustrating, and we understand you want a smooth experience. \ \ This issue isn't specific to DeFi Saver but is a known compatibility problem between how certain browser translation tools (like Google Translate) modify web pages and how React-based applications, like ours, manage their interactive elements.

Example of how a translator can cause broken UI elements.

The technical reason behind these crashes is that when a browser's automatic translation is active, it can sometimes interfere with the underlying code structure of the DeFi Saver application. Our platform is built using React, a technology that efficiently updates and renders parts of the page as you interact with it. \ \ The translation tool, in its effort to translate text, can inadvertently alter or remove essential attributes from elements on the page that React relies on. When React then tries to update these elements, it can't find what it expects, leading to an error and a crash. To prevent these crashes and ensure a stable experience on DeFi Saver, we recommend disabling automatic translation for our site. You can usually do this directly within your browser settings. \ \ For Google Chrome, for example, when you see the translate icon in the address bar, you can click it and choose "Never translate this site." If you encounter further issues, please don't hesitate to reach out to our support team for assistance. # Viewing your borrow position from any point in the past DeFi Saver provides users with a developmental tool that can simulate what your borrow position looked like at any specific block in the past. Granted, the block needs to have been created after the position was opened.
Show me how: 1. The first step is to navigate to your borrow position on DeFi Saver. 2. From there, right click anywhere and click on the "Inspect"
This will open up a pop-up window, where you should click on the "Console" tab:
In the Console window, type "fsup()" and press enter 4. This will provide you with a pop-up window, which you should leave empty and press "OK":
6. Next up, you'll be prompted to add your wallet address (or the wallet address you'll be looking at):
7. Finally, you'll need to add the block number that the interface will "rewind" to:
Once you've added that, click OK and the position will now look as it did at that specific block in time:
{% hint style="info" %} *Please ensure that you have the appropriate Chain selected when using this feature. For example, inputting a block number from Optimism while on Ethereum mainnet will result in an error.* {% endhint %} # I don't see my position/claimables If you're unable to find your position on DeFi Saver - it's possible that you're currently connected to the wrong wallet. \ \ Our recommendation is to open up the wallet window and open all options one by one until you find the account your position is associated with:
This can also be the go-to solution if you're unable to find your claimables. # How can I withdraw tokens from my Smart Wallet? In case you received any tokens to the Smart Wallet or potentially sent them there yourself, retrieving them to your end account (e.g. your MetaMask or Ledger account) is very simple. One option is to claim them from the "Tokens" section on the Portfolio page. Alternatively, you can also: 1. Navigate to the [Token withdrawal page](https://app.defisaver.com/smart-savings/emergency-dai-withdraw) and log in with your account (the one that owns the Smart Wallet in question). 2. Enter the smart contract address of the token you want to withdraw. This can be found on Etherscan, for example by checking your Smart Wallet's token balances and navigating to the token's smart contract from there. 3. Once you've entered the token contract address, simply hit the Withdraw button and sign the transaction. 4. Once the transaction is done, you will find the tokens have been withdrawn to your end account.
Some example token smart contract are: * **DAI**: 0x6b175474e89094c44da98b954eedeac495271d0f * **USDC**: 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 * **UNI**: 0x1f9840a85d5af5bf1d1762f925bdaddc4201f984 * For Ether (**ETH**) please use: 0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE
{% hint style="info" %} *This UI currently has DAI entered by default.* {% endhint %} If you ever experience issues withdrawing tokens in this manner, please reach out to us either via [Discord](https://discord.com/invite/XGDJHhZ) or the in-app chat. # I'm seeing outdated information on DeFi Saver In case you're seeing stale asset prices, outdated market info, or statis metrics on your dashboard - We'd first assume you might be using MetaMask as your EOA wallet. There's a chance that MetaMask's RPC cached a previous blockchain state, which isn't being updated - and leads to stale information on DeFi Saver. We recommend trying out a different wallet - or disconnecting from DeFi Saver, clearing cache and cookies, and then re-connecting with MetaMask. # I don't see my Safe Smart Wallet When you connect to DeFi Saver, you might notice that not all of the Smart Wallets owned by your EOA show up. This is due to a safety measure implemented by DeFi Saver, where the only wallets that show up automatically are those created through DeFi Saver. Any multisig Safe, and any 1/1 Safe made outside of DeFi Saver will need to be approved first. So, when you open the wallet dropdown, you'll notice a button that says "Other wallets":
Clicking on this button will open a pop-up where you'll be asked to confirm whether or not you'd like to add Safe wallets associated with your EOA to the DeFi Saver app:
Once you click "Approve for use in DeFi Saver", the wallet will show up as being owned by your EOA:
## Why was this change implemented? There is a malicious scam that targets owners of Safe wallets. The scam works like this: 1. The scammer uses a vanity address generator to deploy a Safe with an address that has the same four starting and ending characters as their target's Safe 2. The scammer then adds the target as a signer for the malicious Safe - effectively making it a multisig that impersonates the target's 1/1 Safe:
3. As a result, the target might send funds to the fake Safe or migrate their position to the fake Safe (among other risks) We implemented this change as a way to combat this, and ensure the only Safes that get shown to our users are those that they're 100% in ownership of. # KelpDAO rsETH incident April 2026 > *Update on April 28, 2026* Following the April 18 bridge exploit on KelpDAO’s rsETH, Aave has shared the complete technical implementation plan to restore rsETH's backing and clean up the affected positions: * DeFi United has secured the ETH needed to make rsETH whole again (at the current \~1.07 ETH exchange rate). * They will restore the bridge lockbox in tranches + implement extra security with LayerZero and Kelp. * Governance proposals incoming on Aave Ethereum and Arbitrum to temporarily adjust the rsETH oracle, thus triggerring controlled liquidations of the exploiter’s positions. * Recover \~13,000 ETH worth of collateral on Aave + \~16,776 ETH on Compound. -> Clear deficits and revert all temporary changes (no permanent protocol changes). * No socialization of losses, meaning users won’t eat the exploit. * WETH and rsETH reserves remain frozen on Ethereum Core, Arbitrum, Base, Mantle, and Linea until the process completes. While this still doesn't mean everything is back to normal, it's confirmation that your ETH collateral will remain untouched after everything is said and done. You're more than welcome to wait until it the process completes and withdraw your ETH/continue managing your position. However, if you're in a hurry to close your position or shift from ETH - you can use our Collateral Switch tool or Repay. {% hint style="success" %} *The steps to do a Collateral Switch/Repay with your aWETH tokens are in the next section of this article.* {% endhint %} > *Updated on April 21, 2026* ETH is no longer frozen on Aave. However, its utilization is still at 100% - meaning there's no available ETH liquidity for users to withdraw. As a result of that, positions are still stuck, since a key component of repaying or closing a position is being able to withdraw collateral. To assist users looking to close their position - DeFi Saver has enabled the use of our Collateral Switch tool so you can move your aWETH collateral to a different collateral asset, and then withdraw, repay, or close your position.
How to use Collateral Switch: Navigate to the Aave dashboard, and click on the "Shift" tab:
It'll open the Collateral Switch tab by default, and from there, click "Open Collateral Switcher":
You can input any amount of collateral to switch - but in this case you'd be looking to swap all of it. {% hint style="info" %} *DeFi Saver has integrated Fluid and 1inch's solutions for swapping aWETH tokens, which are Aave collateral tokens into a different Aave collateral token.* {% endhint %} We highly recommend having a look at the utilization percentage of the collateral asset you'd like to move into. For example, as of April 22, 2026, stablecoins have a utilization of 100% This means that, even if you switch your ETH collateral to USDC or USDT, you'll also be unable to withdraw collateral, or use Repay/Close. As such, please have a look at the Market section, and the asset you're interested in. Their utilization percentage will be in the "Market info" tab:
{% hint style="success" %} At the moment, wstETH has low utilization and the smaller Collateral Switch fee (0.1%) - so it's worth considering as the asset to switch to {% endhint %}
Once you've switched, you'll be able to use either our Repay tool to clear part of your debt, or the Close tool to fully unwind your position: * [How the Close tool works](https://help.defisaver.com/features/leveraged-create-and-close) * [How Repay works](https://help.defisaver.com/features/boost-and-repay/use-case) {% hint style="success" %} *We've also made it possible to use the "Repay" tool with your ETH collateral (aWETH token), so that risky positions can repay debt and avoid liquidation.*\ \ *We'll soon make the "Close" tool available soon - so if you'd prefer to wait, you'll be able to fully unwind your ETH position once we release it.* {% endhint %} #### How the rsETH exploit worked: On April 18th an exploiter managed to withdraw rsETH tokens worth \~$300m from the KelpDAO bridge smart contract on Ethereum mainnet. This rsETH represented the backing of all rsETH and wrsETH on L2 networks, effectively meaning that it's no longer backed and that there's more rsETH in circulation than there is backing for it. In order to gain maximum value from the stolen funds, they then used rsETH as collateral across multiple lending protocols, mostly to borrow ETH, since that's the highest value they could borrow thanks to special LTV conditions available for looping positions, made possible by e-modes or separate markets. Affected lending protocols include Aave, Compound, Fluid, Morpho and Euler, with Aave receiving most of the influx of these tokens and subsequent outflow of ETH, followed by Compound. The most affected users are ETH depositors and of course rsETH holders, with potential steps for resolvement currently being worked on by the relevant teams. For the time being some protocols implemented security measures to prevent second-order effects, specifically: #### Aave governance * Froze ETH and (w)rsETH across Core, Prime, Arbitrum, Base, Plasma and Linea V3 markets * Set LTVs at 0 for ETH and (w)rsETH across Core, Prime, Arbitrum, Base, Plasma and Linea V3 markets * Disabled new supply and borrow activity against rsETH on Aave V4 This means that no new ETH can be borrowed, and also that new borrowings cannot be made using ETH or (w)rsETH as collateral. More information and further discussion can be found on the [Aave governance forum](https://governance.aave.com/t/rseth-incident-2026-04-18/). #### Compound governance * Paused the following V3 markets: WETH, USDC and wstETH on Ethereum mainnet; WETH on Optimism; WETH on Base; WETH on Arbitrum; and WETH on Linea. This means that assets cannot be withdrawn or borrowed from these markets, though new deposits are possible. More information and further discussion be found on the [Compound governance forum](https://www.comp.xyz/t/kelp-daos-rseth-hack-response/). ### Impact on DeFi Saver features and services These kinds of changes unfortunately also affect some of the options we provide, most notably Automation for users using ETH as collateral. The following DFS Automation options are unable to run on Aave positions with collateral assets with LTV 0, as well as Compound positions in paused markets: * Auto-repay and auto-boost (aka Automated leverage management) * Boost on price and repay on price The following DFS Automations can run on Aave positions with collateral assets with LTV 0, but only if there's sufficient liquidity: * Stop loss * Take profit * Collateral switch All manual actions can be applied regardless of LTV 0 status, however they can be limited by available liquidity. For example, you can apply a Repay (with collateral) on an ETH/USDC position, but only if ETH utilization is not at 100% because this process removes ETH from the Aave market. In case of positions where the debt asset is the one with market utilization at 100%, this does not prevent you from unwinding your position, as this process returns debt asset liquidity to the pool. For example, our Repay (with collateral) will work for both ETH shorts or LST loops regardless of 100% utilization on ETH. For any additional information please feel free to reach out to our support team via the in-app chat or the DFS Discord. # What are Automations? Automations are a trustless, non-custodial service for automated management of positions in various decentralized finance protocols integrated and supported in DeFi Saver. It includes different automation options for liquidation protection and loss minimization, as well as options for locking in gains and automating yield earning. > Initially launched in late 2019 for Maker users, our Automation features have evolved over the years to support more protocols (e.g. Aave, Compound, Maker, Morpho, Liquity V2, CurveUSD) and to provide more variety of options (e.g. Automated Leverage Management, Stop Loss & Take Profit, Trailing stop, Boost/Repay on Target Price, and various Savings Protection options). {% hint style="info" %} *For an overview of the technical implementation of our new modular automated strategies architecture, please see* [*this blog post*](https://blog.defisaver.com/automated-strategies-technical-overview/)*.*\ \ *For more technical details you can check out our development documentation at* [*https://docs.defisaver.com/*](https://docs.defisaver.com/)*.* {% endhint %} *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Liquidation Protection Our Liquidation Protection automation is solely focused on ensuring your position does not get liquidated. It has a simple, precise setup - When your Safety Ratio falls below 105%, it will automatically repay enough debt to put the Safety Ratio to 110%\ \ This is a simple, but effective automation that's useful for keeping any borrow position safe from liquidation - repaying debt only when your position becomes critically close to the liquidation threshold. > Automation doesn't require any kind of gas prepayments nor will it use gas from your wallet, as all transactions are executed without needing your input, by Automation bots, while charging the tx fee to your position. > > The way Liquidation Protection increases your ratio and makes your position safe is by use of the DeFi Saver Repay feature, which unwinds a specific, limited part of your position, using your debt to clear the debt, which results in an increased safety ratio. (because all of these lending protocols have overcollateralised positions) Likewise, the gas fees for the automation transaction is charged to the position itself, so the funds in your wallet are in no way required for the automation to trigger. Setting up Liquidation Protection is quick and simple:
1. You'll be prompted to activate Liquidation Protection on the Aave dashboard itself, or alternatively, you can visit the "Automation" page:
2. After clicking on "Liquidation Protection - click "Enable Automation:
3. Sign the transaction for enabling the automation That's that. Your position is now safe from getting liquidated, as the automation will keep ensuring it's maintained at a 110% Safety Ratio no matter how many times it falls below 105% *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [Automated Leverage Management ](https://help.defisaver.com/automations/automated-leverage-management) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Automated Leverage Management Our oldest and still most popular option, Automated Leverage Management allows anyone to configure: * Partial unwinding (auto-repay) of their position in case it drops below a certain threshold, * Automated leveraging up (auto-boost) in case it goes above a user configured threshold, This option is typically used as liquidation protection, or as a way to maintain a constant leverage position. {% hint style="info" %} *For a better understanding how the Boost and Repay features work, please visit our* [*Use-Case article.*](https://help.defisaver.com/features/boost-and-repay/use-case) {% endhint %} To activate Automated Leverage Management, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Automated Leverage Management" 3. Input the ratio that you'd like to keep your position at.
4. You can also click "Advanced", which will let you specify at which ratio Repay/Boost should trigger at, and to which Safety Ratio it should Repay/Boost the position to:
5. Once everything looks good, press "Enable" *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Boost & Repay on Target Price Similar in functionality to Automated Leverage Management. The main difference is that, instead of a specific ratio that's being maintained, this feature automatically executes Boost or Repay when the price you input is reached. {% hint style="info" %} *These are typically used to partially lock in profits when you target price is reached, or to leverage more when market crashes below a level you recognized as a potential support point.* {% endhint %} To activate Boost / Repay on Target Price, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Boost on Target Price" or "Repay on Target Price" 3. Under "When price goes" - you can specify if your automation will trigger when the price of your collateral goes over or under the specified price point:
4. You also need to add the price point at which the automation will trigger, and what Safety Ratio it should Boost/Repay it to:
5. Click "Enable" *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Stop Loss / Take Profit A classic combo, the Take Profit and Stop Loss options allow you to configure target price points at which your position would be fully closed, with your position's whole current debt cleared using collateral. {% hint style="info" %} *These options are typically used as liquidation protection and a way to limit and minimize losses or maximize gains.* {% endhint %} To activate Take Profit / Stop Loss, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Take Profit" or "Stop Loss" 3. Input what amount the collateral asset should be under (for Stop Loss) or over (for Take Profit), and whether you want to close to collateral or debt.
4. Press "Enable" {% hint style="info" %} *The "Close (to X)" represents which asset will be withdrawn to your EOA wallet once the position is fully closed.*\ \ *To understand this in more detail, let's look at how the "Close" tool works in the background:* * *First, it flash loans the debt asset* * *It uses the flash loaned funds to pay back all of the debt* * *Now that your collateral is freed up, it's withdrawn* * *The collateral is then swapped to the debt asset* * *This is used to pay back the flash loan* * *The remaining funds are withdrawn to your EOA* \ *Now, if you choose "Close to Collateral", this means that it will only swap enough of your collateral to cover the flash loan, but it will withdraw the rest in the collateral token.*\ \ *If you choose "Close to Debt", it's going to swap all of your collateral to the debt asset, pay back the flash loan, and the rest will be withdrawn in the debt token.* {% endhint %} *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Collateral Switch This automation lets you set a price threshold at which your collateral asset will be switched into a different asset. Essentially, you'll be able to maneuver around price drops without having to close or unwind your position.\ \ Likewise, you'll be able to switch back into the collateral asset at a lower price once it reaches your target price: 1. Open up your position and navigate to the "Automate" tab:
2. Choose "Collateral Switch":
3. First, choose whether your trigger will be the price going "Over" or "Under" a price threshold 4. Input the price threshold. 5. You can choose whether you'd like to switch the whole amount of your collateral or only part of it (and set what the partial amount of the switch is) 6. Select the new collateral asset 7. Press "Enable" Users are also able to set up multiple instances of this automation, so that you can, for example: * Have one collateral switch automation for when your collateral's price drops * Have another one for switching it back to the original asset once the price recovers to a certain point On the other hand, you can also set multiple instances with different price thresholds so you incrementally switch part of your collateral to a stablecoin. {% hint style="info" %} For this automation, either the collateral asset, or the asset that's being switched to must be one of the following assets: * USDT * USDC * USDe * RLUSD * PYUSD * GHO * DAI * USDTb * EURC {% endhint %} {% hint style="info" %} *To ensure this automation can trigger successfully and reliably, we've implemented a minimum switch amount of at least $10 in collateral for Arbitrum, Optimism, and Base - while it's $1,000 on Mainnet.* *Additionally, there is a maximum threshold of $500,000 in collateral value - as values larger than this might lead to trade size impact that is too significant to make it execute reliably.* {% endhint %} *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility)[ ](https://help.defisaver.com/automations/automated-leverage-management) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Protocol-Specific Automations There are protocol-specific automations that either work only on one protocol, or were designed around a specific protocol's functionality. These include:
Trailing Stop (Maker Exclusive)
Savings Liquidation Protection (Maker Exclusive)
Redemption Protection (Liquity V1 Exclusive)
Stability Pool Liquidation Protection (Liquity V2 Exclusive)
*** ### Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Fees There are three types of fees that users should be aware of when it comes to using automated strategies at DeFi Saver:
* The transaction fee for each executed automated transaction will effectively be charged to the position, during transaction execution. \ \ This essentially means that the gas costs for the transaction will be charged to the position, not the user's wallet. * Automation strategies that include asset swaps within the transaction have the standard [DeFi Saver fee for complex transactions:](https://help.defisaver.com/general/what-is-defi-saver/defi-saver-fees)
Show me the fees: * 0.25% on the swapped amount for swaps of assets that are not correlated in price (e.g. ETH --> USDC) * 0.1% on the swapped amount for swaps of assets that are correlated in price (e.g. ETH --> wstETH) * 0.01% on the swapped amount for swaps of stablecoin pairs (e.g. USDT --> USDC)
* Automations have a fee of 0.05% on each triggered automation transaction. {% hint style="info" %} *Note that simply enabling and keeping any automated strategy enabled for your position does **not** involve any kind of one-time or on-going, continuous service fees.*\ \ *Automations use flash loans as part of the recipe for the transaction - DeFi Saver defaults to using free flash loan sources, but in case there's a lack of liquidity in free sources, it will use an Aave flash loan (which has a 0.09% fee)* {% endhint %} *** ## Related Articles: * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Compatibility Advanced automations on DeFi Saver run using our custom-built smart contracts. As such, manual work and resources are required to ensure that the tools we have are compatible with the most popular chains and protocols. {% hint style="info" %} *The availability of automation strategies is the same across all chains except:* * No automations available for Compound on Optimism * No automations available for Aave on Linea and Plasma * No automations available for the Compound USDS market on Base+ * No automations available for Fluid on Plasma {% endhint %} In this article, we'll see which of our features are available on the protocols supported by DeFi Saver: | Protocol | Liquidation Protection |

Automated Leverage
Management

| Collateral Switch |

Take
Profit

|

Stop
Loss

|

Boost on
Target Price

|

Repay on
Target Price

|

Trailing
Stop

|

Bonds Liquidation
Protection

|

Savings Protection
(Supply)

|

Savings Protection
(Payback)

|

Redemption
Protection

|

Automated
Payback

|

Savings Liquidation
Protection

| | ------------------------- | ---------------------- | --------------------------------------- | ----------------- | --------------------- | ------------------- | ------------------------------- | ------------------------------- | ----------------------- | -------------------------------------- | ------------------------------------- | -------------------------------------- | ------------------------------- | --------------------------- | ---------------------------------------- | | Aave v4 | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Aave v3 Core | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Aave v3 Prime | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Aave v3 EtherFi | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Aave v2 | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Fluid | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | MakerDAO | ✅ | ✅ | ❌ | ✅ | ✅ | ❌ | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ✅ | | CurveUSD | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ✅ | ❌ | | Sky | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Liquity v1 | ❌ | ✅ | ❌ | ✅ | ✅ | ❌ | ❌ | ✅ | ✅ | ✅ | ✅ | ✅ | ❌ | ❌ | | Compound v2 | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDC debt) | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDC.e debt) | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDbC debt) | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (ETH debt) | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDT debt) | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (USDS debt) | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Compound v3 (wstETH debt) | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Spark | ✅ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Morpho | ✅ | ✅ | ❌ | ❌ | ❌ | ✅ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | Euler v2 | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | | LlamaLend | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ | {% hint style="info" %} *All automations that have been marked as available can be activated for positions that are on a Safe smart wallet.* \ \ *If your position is on an EOA wallet, certain automations may not be available. For a full breakdown of their EOA availability, refer to the following article:* [*What features do EOA wallets have access to?*](https://help.defisaver.com/general/compatibility/wallet-compatibility/what-features-do-eoa-wallets-have-access-to) {% endhint %} ## Automations for positions with multiple collateral or debt assets Automations are primarily optimized for positions that have one collateral and one debt asset. However - users still have the option of enabling Automated Leverage Management for multi-collateral/debt positions. In these scenarios, Automated Leverage Management works under the following ruleset:
* For Auto-Repay, it will use the collateral that presents the largest portion of the position's value in USD. {% hint style="info" %} *The automation selects the best collateral/debt pair based on which combination can repay the most USD value.* *For example, if your position has:*
* *Collateral: 10 ETH worth $20,100 and 0.2 wBTC worth $13,400* * *Debt: 5,000 USDC and 3,000 USDT*
*The automation will evaluate all possible pairs (ETH-USDC, ETH-USDT, wBTC-USDC, wBTC-USDT) and calculate a score for each pair: `score = min(collateral_cap, debt.AmountUSD())`. It will then use the pair with the highest score.*
*This means it doesn't simply pick the largest collateral and largest debt separately - it finds the optimal combination that can repay the most value.* {% endhint %} * For Auto-Boost, it will borrow the debt asset that presents the largest portion of the position's value in USD. {% hint style="info" %} *For example - if your position has the following debt assets:*
* *$18,000 USDC* * *$12,000 USDT*
*And collateral assets:* * *10 ETH worth $20,100 (with collateral factor 0.8 = score of $16,080)* * *0.5 wBTC worth $33,500 (with collateral factor 0.7 = score of $23,450)*
*The automation will borrow more USDC (largest debt by USD) and swap it to buy wBTC (highest collateral score by AmountUSD × CollateralFactor).* {% endhint %} All other automations are **not** available for positions that have more than one collateral or debt asset. *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Requirements for using Automation Automations on DeFi Saver have requirements before they can be activated:
* **The user's position needs to be on a Smart Wallet - except for Aave v3 and Compound v3, where automations are available for EOA wallets.** * **The position needs to meet the minimum debt requirement for Automation**\ \ Depending on the chain and protocol you have selected, the minimum debt requirement varies:
Aave * Minimum $30,000 in debt for Aave v3 and Aave V4 on Mainnet * Minimum $500 in debt for Aave v3 on Arbitrum, Optimism and Base
MakerDAO * Minimum of $30,000 in DAI for MakerDAO on Mainnet (ETH-A, ETH-C, WSTETH-A, WSTETH-B vaults) * Minimum of $40,000 in DAI for MakerDAO on Mainnet (ETH-B vault) {% hint style="danger" %} *The global MakerDAO debt ceiling for wrapped Bitcoin vaults has been reached. As such, new positions for WBTC on MakerDAO cannot currently be created.* {% endhint %}
Fluid * Minimum $30,000 in debt for Fluid on Mainnet * Minimum $500 in debt for Fluid on Arbitrum and Base
Compound * Minimum $30,000 in debt for Compound v2 and v3 on Mainnet * Minimum $500 in debt for Compound v3 on Arbitrum and Base
Liquity V1 * Minimum $40,000 in debt * Minimum 3,000,000 Debt in front {% hint style="info" %} *Debt in front does not represent the debt value. This metric refers to the amount of debt that needs to be ahead of your position due to Liquity's redemption mechanism.*\ \ *Our Liquity Automation aims to keep your position away from getting redeemed against, which would be difficult with a Debt in front that's lower than 3,000,000* {% endhint %}
Spark * Minimum $30,000 in debt for Spark on Mainnet
Morpho * Minimum $30,000 in debt for Morpho on Mainnet * Minimum $500 in debt for Morpho on Base
CurveUSD * Minimum $30,000 in debt
Liquity V2 * Minimum $30,000 in debt
{% hint style="info" %} *The minimum debt requirements were introduced as a way to protect both the users and the system from extremely high gas prices and transaction costs on the Mainnet, especially during market crashes.* {% endhint %} If you activate an automation, but due to repayments, your borrow amount falls under the minimum debt requirement, your automation will still remain active and trigger when its conditions are met. However, if your debt amount falls to: * $5,000 and below on Ethereum * $500 and below on Arbitrum, Base and Optimism The automation will still be active, but will not execute once its conditions are met. *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) # When are Automation transactions made? Once you enable any specific automated strategy, Automation bots will constantly monitor your position moving forward in order to react and execute any needed transaction(s) as soon as your configured trigger (e.g. ratio or price point) is reached. > The system checks all automated positions every minute in order to keep up with potentially quickly changing market conditions. \ > \ > However, it's important to keep in mind that your position's status is effectively decided by the oracles used by the protocol in question. Because of this, one can also say that Automation runs on oracles utilized by the protocol you're using. In practice, automated adjustments will happen when:
* Users adjusts their configuration (potentially to purposefully force an automated adjustment) * The price of the used asset changes enough that the user configured ratios or price thresholds are reached. In terms of different price oracles used in different protocols, these are:
* **Maker OSM** (short for Oracle Security Module) **is used by MakerDAO and Reflexer**. \ \ The OSM is best known for its 1-hour update delay, where the prices in the protocol are updated only once every full hour with each next price update also known a full hour in advance. \ \ You can check current and next price updates in MakerDAO using platforms such as [DeFi Explore](https://maker.defiexplore.com/stats) and [DaiStats](https://daistats.com/#/oracles), though these are also shown in our [Maker dashboard](https://app.defisaver.com/makerdao/).
* **Chainlink oracles are used by most other protocols, which includes Aave** (v1, v2 and v3)**, Compound** (v2 and v3), **Liquity, Morpho and Euler v2.** \ \ You can check the status of all Chainlink feeds on their [Data Feeds](https://data.chain.link/) page and their current prices are also shown in all of the dedicated protocol dashboards at DeFi Saver.
* Some protocols use custom-built oracles, such as **Fluid** and **LlamaLend.** *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # Are there risks when using Automation? While we approach all development at DeFi Saver with a safety-first mindset, we still believe it's fair to assume that risk exists when interacting with any DeFi protocol and product. {% hint style="info" %} *We'd also mention that our Automations have no interaction with the funds in your wallet. They function exclusively by utilizing the funds within your lending protocol position.*\ \ *This means that, even in a worse-case scenario - the Automation smart contract would still only have access to the position, and not your wallet's funds.* {% endhint %} In terms of DeFi Saver, we believe these are the most important types of risks that all users should consider when using automated strategies: ## Smart Contract risks Automation has been online in a few different iterrations since 2019, with no security issues recognized, and all DeFi Saver smart contracts have been audited with no issues found. However, it's always fair to assume that smart contract risks exists. For those interested, previous audit reports can be found [in our development docs](https://docs.defisaver.com/protocol/security-and-audits). In order to limit any potential risk surface, we take extra precautionary measures at the smart contracts level, such as having on-chain verification of triggers and user configured thresholds, as well as on-chain verification of transaction outcomes. ## Technical risks There are a number of factors outside of our control that may prevent automated adjustments from being executed in a timely manner, including:
* Network congestion. * RPCs (e.g. Alchemy, Infura) availability. * APIs (e.g. 0x or Paraswap dex aggregators and gas APIs) availability. ## Upgradability risks A number of parts of the DeFi Saver smart contracts architecture are upgradeable through team multisigs. While this is currently standard practice in most protocols and apps, we fully agree this is something that should be properly disclosed and easily trackable by users. \ \ You can read more about upgreadability of DeFi Saver smart contracts in our development docs [here](https://docs.defisaver.com/protocol/security-and-audits/admin-access-control) and you can track contract upgrades in our new Stats dashboard [here](https://stats.defisaver.com/contracts) ## Market risks Although our automated strategies, and especially various liquidation protection options, weathered through a number of large market crashes without issues or delayed transactions in order to successfully keep users' positions safe, it's also fair to assume that an event may occur where a market change happens so quickly that Automation fails to react in a timely manner. Besides actual market movements, this might also happen due to oracle or protocol level issues and potential exploits. {% hint style="info" %} *Historically speaking, as of March 2023, there have been over 65,000 automated transactions executed on behalf of DeFi Saver users.* {% endhint %} *** ## Related Articles: * [Automation fees](https://help.defisaver.com/automations/fees) * [Automation compatibility](https://help.defisaver.com/automations/compatibility) * [What are Automations?](https://help.defisaver.com/automations/what-are-automations) * [Requirements for using Automations](https://help.defisaver.com/automations/requirements-for-using-automation) # DeFi Saver Dashboard In this article, we'll cover the metrics that are located in the UI for protocols on DeFi Saver. While we try to provide all of the most relevant information to our users, we also understand that certain metrics require additional insight as to how they're calculated. This can help users estimate how changes in their position, such as collateral value, can affect their position's health. The metrics we'll be covering come from the main protocol dashboard:
As well as the "Market" section:
We've written articles dedicated to some of the more important metrics, and will now quickly cover some of the more self-explanatory metrics:
* Overview - This lets you choose whether you'd like to view your position's value in USD, or in your collateral token. * Clicking on the Supplying or Borrowing values will expand the number to show which tokens represent your supplied/borrowed amounts. * Balance represents your position's current net balance. * Liquidation price represents the price of your collateral at which the position would be liquidated. [If you have more than one collateral asset, the Liquidation price will say N/A](https://help.defisaver.com/general/troubleshooting/i-cant-see-the-liquidation-price-for-my-position) * Borrow power used represents the % of your collateral's LTV that has been utilized * Left to borrow represents the remaining amount of debt you can generate based on your current supplied amount and LTV In the Market section, most of the metrics are clear-cut in terms of what they represent. The ones we'd higlight are: * Coll. Fac. (Collateral Factor) represents an asset's LTV (Loan-to-value ratio) * Liq. Fac. (Liquidation Facotr) represents an asset's Liquidation LTV (Loan-to-value ratio) * Hovering over "Market info" will show you all relevant information for a specific market - including its supply cap, liquidation penalties, borrow cap, and more *** ## Related Articles: * Health, Safety and Collateral Ratio * How is Net APY calculated? # Health, Safety and Collateral Ratio There are three risk metrics/parameters that users will see on DeFi Saver. These include:
Health Ratio The Health Ratio is Aave's indicator of the position's overall health. Once it reaches 1, the position is liquidated. It's calculated as: > *Health Ratio = (collateral value \* liquidation factor) / debt value* > > So if we take the example from the screenshot below, we'd have: > > *Health Ratio = (19,337 \* 0.83) / 9,998.70* > > *Health Ratio = 1.60*
{% hint style="info" %} *Information about the collateral asset's liquidation factor (Liq. Fac.) can be found in the "Market" section of the Aave dashboard* {% endhint %}
Collateral Ratio The Collateral Ratio represents the % difference between your collateral and your debt in dollar amounts.\ \ It's calculated as: > *Collateral Ratio = (collateral dollar amount / debt amount) \* 100* > > So if we take the example from the screenshot below, we'd have: > > *Collateral Ratio = ($84,690/ $42,992) \* 100* > > *Collateral Ratio = 196.98%*
Safety Ratio The Safety Ratio is a measure of how far you are from liquidation, expressed as a percentage.\ \ It is inversely proportional to your borrow power used, so the more you borrow, the lower your Safety Ratio.\ \ It's calculated as: > *Safety Ratio = (( Collateral in dollar value \* collateral factor) / debt amount in dollar value) \* 100* > > So if we take the example from the screenshot below, we'd have: > > *Safety Ratio = (( $78,979 \* 0.8) / 35,002) \* 100* > > *Safety Ratio = 181.63%*
{% hint style="info" %} *Information about the collateral asset's collateral factor/LTV (Col. Fac.) can be found in the "Market" section of the Aave dashboard*\ \ *Collateral Factor is the same metric as LTV.* {% endhint %}
{% hint style="info" %} *Depending on the protocols you use, they may only use one risk parameter (e.g. Collateral Ratio for Maker, or a protocol-specific one like Health Ratio for Aave v3)* {% endhint %} Using the calculations in this article will help you make projections for your position - such as how much a specific price change in your collateral's value would impact your health metrics. # How is Net APY calculated? DeFi Saver's interface provides you with information of your position's current Net APY. This number is an estimate of what your Net position could be worth in a year, given the current Supply APY and the Borrow APY.
* Borrow APY is simple interest - basically, how much your debt will increase in a year for the specific debt type. * Supply APY is how much your collateral’s value will increase (in $) due to supplying it to the lending protocol The Net APY is located on the right-hand side of the main dashboard of the protocol you're using:
You can track the current Supply and Borrow APY's of a specific asset under the "Market" section:
How Net APY is calculated on DeFi Saver: For this example, we'll have a position with $24,867 worth of wstETH as collateral, and $6,999.03 worth of USDC as debt
Hovering over the Net APY percentage brings up a detailed breakdown:
To understand how these numbers are calculated, we've provided a full breakdown:
* The annual \[token] supply incentive interest represents the yield value on your yield-bearing token: \ \ $24,867 \* 2.55% = $635
* The Base annual interest is the difference between your annual supply value and your annual borrow value:\ \ ($24,867 \* 0.01%) - ($6,999.03 \* 5.27%) = -$366
* The total annual interest is then calculated as:\ \ *Annual \[token] interest + Base annual interest* \ \ $635 + (-$366) = $269
* From there, the Net APY % is calculated as:\ \ *(Total annual interest / (supply balance - debt balance) ) \* 100*\ \ ($269 / ($24,867 - $6,999.03) ) \* 100 = 1.51%
{% hint style="info" %} *The numbers in the calculation and screenshots don't match 100% - This is because DeFi Saver uses the exact APY % - which has far more decimals than 2.*\ \ *To keep the calculation visually easy to follow - we rounded up to just two decimals, which is where the discrepancy comes from.* {% endhint %}
{% hint style="info" %} *A Dollar value estimate of your position's Net value after a year is currently unavailable. Borrow and Supply APY's can be volatile, so calculating the value in real-time would be extremely complex and demanding.* {% endhint %} # Leveraged Create & Close DeFi Saver's signature use-case is our one-transaction solutions for managing positions in DeFi's leading lending protocols. While we have a plethora of these advanced tools - let's look at one that helps you easily open a leveraged position, and one that lets you easily close it:
How the Leveraged Create tool works: We'll first look at how you can open a leveraged position. When you visit any of the protocols on DeFi Saver, you'll find the "Create" button:
Clicking on it will take you to a new dashboard, and the "Create" tab - so you'd want to switch over to the "Leverage" tab:
From here, you'll be able to: * Choose the collateral asset * Input the starting collateral amount * Choose the debt asset * Use the slide to set your leverage amount * Set your preferred exchange route (DeFi Saver automatically finds and set the best one) * Set your slippage limit Once everything cecks out, click "Create". And voila! This will open a leveraged position in a single transaction. This 1-tx looping is achieved in the following steps: * Your initial collateral is first supplied * A flash loan is used to borrow the full amount of debt that your leveraged position would generate * The debt is swapped to the collateral asset * The collateral asset is then supplied * The new, increased borrow power is used to borrow debt * This is then used to pay back the flash loan
How the Close tool works: This tool lets you fully close your position in a single transaction, without you needing to have any funds in your main wallet. When you visit the protocol that you have an open position on, you'll want to click on the "Close" button:
This will open a pop-up window: ![](https://help.defisaver.com/~gitbook/image?url=https%3A%2F%2F2276946674-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252Fo1t7pGS5d15WeQzoQ3Fe%252Fuploads%252FsXc51GVfvocksDbsGDm6%252FScreenshot%25202025-04-23%2520162300.png%3Falt%3Dmedia%26token%3D569108df-1b70-4298-ab28-2eb8f41730a7\&width=768\&dpr=4\&quality=100\&sign=8738f245\&sv=2) Here, you'll be able to choose which asset you want to close to, as well as the slippage settings and exchange route. {% hint style="info" %} *The "Close (to X)" represents which asset will be withdrawn to your EOA wallet once the position is fully closed. To understand this in more detail, let's look at how the "Close" tool works in the background:* * *First, it flash loans the debt asset* * *It uses the flash loaned funds to pay back all of the debt* * *Now that your collateral is freed up, it's withdrawn* * *The collateral is then swapped to the debt asset* * *This is used to pay back the flash loan* * *The remaining funds are withdrawn to your EOA* *Now, if you choose "Close to (collateral asset)", this means that it will only swap enough of your collateral to cover the flash loan, but it will withdraw the rest in the collateral token.* *If you choose "Close to (debt asset)", it's going to swap all of your collateral to the debt asset, pay back the flash loan, and the rest will be withdrawn in the debt token.* {% endhint %}
These tools are available for all protocols for positions that are on a Smart Wallet. Depending on the protocol, they may also be available for EOA positions. To learn more about this availability - [please refer to this article.](https://help.defisaver.com/general/compatibility/wallet-compatibility/what-features-do-eoa-wallets-have-access-to) > Both the Leveraged Create and Close tools have the [standard variable DeFi Saver fee associated with them](https://help.defisaver.com/general/what-is-defi-saver/defi-saver-fees). This is because both are advanced tools that include a swap within them. > > The fees are: > > * 0.01% on stablecoin swaps > * 0.1% on swaps between assets that are correlated in price (e.g. wstETH -> ETH) > * 0.25% on swaps between assets that are not correlated in price > > \ > If your position uses Pendle PTs on Aave, there are no DeFi Saver fees associated with these tools # Boost & Repay Opening up a position through DeFi Saver brings you access to a plethora of tools that help manage your assets - Whether it's risk management or increasing exposure to the collateral asset. Two of our most popular tools are:
* **Boost** - Allows users to increase leverage in one transaction. The feature utilizes a flash loan to borrow the debt asset, swaps it to the collateral asset, supplies it to the position, and then borrows from the position to pay back the flash loan.
* **Repay** - Allows users to use part of their collateral to pay off their debt in one transaction. By utilizing a flash loan to borrow the collateral asset, it's swapped to the debt asset, used to repay the loan - and collateral is then withdrawn from the position to pay back the flash loan. > Both tools also have automations available with which users can automatically Boost or Repay based on the parameters they set.\ > \ > These parameters include either setting a specific Safety Ratio, or the price at which the actions will be executed. For more information on these automations, please refer to our [Automation ](https://help.defisaver.com/features/automation)article. *** ## Related Articles: * [Automation](https://help.defisaver.com/features/automation) * [Use-case](https://help.defisaver.com/features/boost-and-repay/use-case) * [Fees](https://help.defisaver.com/features/boost-and-repay/fees) * [Compatibility](https://help.defisaver.com/features/boost-and-repay/compatibility) # Use-case While the use-case of Boost and Repay is self-explanatory in nature, we can still cover examples in which the tools would be utilized.
Boost Use-Case Let's use an example where we have: * 20 ETH collateral * 35,000 DAI debt
ETH's current price is at $3,836.91 - with the Safety Ratio at 176.52% If ETH's price starts increasing and reaches $4,000 - we're looking to increase the amount of ETH we have before a potential bull run. We can get this done in one transaction by using the "Boost" tool located in the "Leverage" tab:
We just need to input how much DAI's worth of ETH we'd like to borrow and add to our position's supplied collateral. So let's input $8,000 of DAI:
As we input the amount we'd like to boost, the UI will update to show a preview of what your position will look like before you actually execute the transaction. Clicking "Boost" will show you a pop-up window:
From here, you'll see the amount of ETH you'll be adding based on the market rate - along with the option to choose your preferred Exchange route and Slippage limit.\ \ You'll also be provided with all additional fees associated with the transaction under "Additional info:" If everything looks good, press "Boost", sign the transaction, and you'll successfully increase your exposure to ETH in a single transaction - increasing your profits if ETH's price continues to surge.
Repay Use-Case Let's use an example where we have: * 22.07 ETH collateral * 43,000 DAI debt
ETH's current price is at $3,836.91 - with the Safety Ratio at 158.57% If ETH's price starts decreasing and reaches $3,500 - our position is going to start nearing a dangerous Safety Ratio. Based on the Safety Ratio calculations, ETH at $3,500 would put this position's Safety Ratio at 146% So, we'd like to ensure we move back to a more comfortable Safety Ratio with the Repay tool:
We just need to input how much of our ETH collateral we'd like to swap into the DAI debt and repay part of our debt in a single transaction:
As we input the amount we'd like to repay, the UI will update to show a preview of what your position will look like before you actually execute the transaction. Clicking "Repay" will show you a pop-up window:
From here, you'll see the amount of DAI you'll be repaying based on the market rate - along with the option to choose your preferred Exchange route and Slippage limit.\ \ You'll also be provided with all additional fees associated with the transaction under "Additional info:" If everything looks good, press "Repay", sign the transaction, and you'll successfully repay part of your debt using collateral from your position in a single transaction - ensuring you're safer from liquidation in case ETH's price continues to crash.
*** ## Related Articles: * [Boost & Repay](https://help.defisaver.com/features/boost-and-repay) * [Fees](https://help.defisaver.com/features/boost-and-repay/fees) * [Compatibility](https://help.defisaver.com/features/boost-and-repay/compatibility) # Fees The Boost and Repay features are complex transactions that have swaps included in them. As such, they have DeFi Saver fees associated with them that are universal across chains and protocols: * 0.01% fee for all stablecoin pair swaps (e.g. DAI --> USDC) * 0.1% fee for swaps of assets correlated in price (e.g. ETH --> wstETH) * 0.25% fee for swaps of assets not correlated in price (e.g. WBTC --> USDC) {% hint style="info" %} *Seeing as both tools utilize swaps within themselves, please keep in mind that your slippage settings will also affect the final value you get after executing Boost or Repay.*\ \ *This tool utilizes flash loans. DeFi Saver automatically defaults to using a flash loan source that's free first, and if those don't have sufficient liquidity, opts for Aave, which has as 0.09% fee from the protocol itself.* {% endhint %} {% hint style="success" %} Currently there are no DeFi Saver fees when using any of our tools for Pendle PT positions on Aave. {% endhint %} *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/boost-and-repay/use-case) * [Compatibility](https://help.defisaver.com/features/boost-and-repay/compatibility) * [Boost & Repay](https://help.defisaver.com/features/boost-and-repay) # Compatibility Boost and Repay are available across all protocols and chains on DeFi Saver. Where compatibility comes into play is whether the position is on an EOA wallet or a Smart Wallet. By default, if the position is on a Smart Wallet - Boost and Repay will be available for use. EOA position are still able to utilize them on the following protocols: * Aave * Spark * Morpho * Compound V3 This is made possible by creating a Safe wallet as an operator contract that's used to execute the complex transaction, while still keeping the position on an EOA. *** ## Related Articles: * [Fees](https://help.defisaver.com/features/boost-and-repay/fees) * [Use-case](https://help.defisaver.com/features/boost-and-repay/use-case) * [Boost & Repay](https://help.defisaver.com/features/boost-and-repay) # Automation Automation is a trustless, non-custodial service for automated management of positions in various decentralized finance protocols integrated and supported in DeFi Saver. It includes different automation options for liquidation protection and loss minimization, as well as options for locking in gains and automating yield earning. > Initially launched in late 2019 for Maker users, our Automation features have evolved over the years to support more protocols (e.g. Aave, Compound, Maker, Morpho, Liquity V2, CurveUSD) and to provide more variety of options (e.g. Automated Leverage Management, Stop Loss & Take Profit, Trailing stop, Boost/Repay on Target Price, and various Savings Protection options). {% hint style="info" %} *For an overview of the technical implementation of our new modular automated strategies architecture, please see* [*this blog post*](https://blog.defisaver.com/automated-strategies-technical-overview/)*.*\ \ *For more technical details you can check out our development documentation at* [*https://docs.defisaver.com/*](https://docs.defisaver.com/)*.* {% endhint %} *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/automation/use-case) * [Fees](https://help.defisaver.com/features/automation/fees) * [Compatibility](https://help.defisaver.com/features/automation/compatibility) * [Requirements for using Automation](https://help.defisaver.com/features/automation/requirements-for-using-automation) # Use-case Automations on DeFi Saver allow you to automatically manage your position based on specific inputs. In this article, we'll cover all of the automation strategies that you can utilize within your position. {% hint style="warning" %} *Please note that compatibility plays a role in automation availability. Depending on the protocol and chain you have selected, certain strategies may not be available.*\ \ *For a full overview of automation compatibility, please visit our* [*Compatibility*](https://help.defisaver.com/features/automation/compatibility) *article.* {% endhint %}
Automated Leverage Management Our oldest and still most popular option, automated leverage management allows anyone to configure: * Partial unwinding (auto-repay) of their position in case it drops below a certain threshold, * Automated leveraging up (auto-boost) in case it goes above a user configured threshold, This option is typically used as liquidation protection, or as a way to maintain a constant leverage position. For a better understanding how the Boost and Repay features work, please visit our [Use-Case article.](https://help.defisaver.com/features/boost-and-repay/use-case) To activate Automated Leverage Management, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Automated Leverage Management" 3. Input the ratio that you'd like to keep your position at.
4. You can also click "Advanced", which will let you specify at which ratio Repay/Boost should trigger at, and to which Safety Ratio it should Repay/Boost the position to:
5. Once everything looks good, press "Enable"
Boost / Repay on Target Price Similar in functionality to Automated Leverage Management. The main difference is that, instead of a specific ratio that's being maintained, this feature automatically executes Boost or Repay when the price you input is reached. These are typically used to partially lock in profits when you target price is reached, or to leverage more when market crashes below a level you recognized as a potential support point. To activate Boost / Repay on Target Price, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Boost on Target Price" or "Repay on Target Price" 3. Under "When price goes" - you can specify if your automation will trigger when the price of your collateral goes over or under the specified price point:
4. You also need to add the price point at which the automation will trigger, and what Safety Ratio it should Boost/Repay it to:
5. Click "Enable"
Take Profit / Stop Loss A classic combo, the Take Profit and Stop Loss options allow you to configure target price points at which your position would be fully closed, with your position's whole current debt cleared using collateral. These options are typically used as liquidation protection and a way to limit and minimize losses or maximize gains. To activate Take Profit / Stop Loss, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Take Profit" or "Stop Loss" 3. Input what amount the collateral asset should be under (for Stop Loss) or over (for Take Profit), and whether you want to close to collateral or debt.
4. Press "Enable" {% hint style="info" %} *The "Close (to X)" represents which asset will be withdrawn to your EOA wallet once the position is fully closed.*\ \ *To understand this in more detail, let's look at how the "Close" tool works in the background:* * *First, it flash loans the debt asset* * *It uses the flash loaned funds to pay back all of the debt* * *Now that your collateral is freed up, it's withdrawn* * *The collateral is then swapped to the debt asset* * *This is used to pay back the flash loan* * *The remaining funds are withdrawn to your EOA* \ *Now, if you choose "Close to Collateral", this means that it will only swap enough of your collateral to cover the flash loan, but it will withdraw the rest in the collateral token.*\ \ *If you choose "Close to Debt", it's going to swap all of your collateral to the debt asset, pay back the flash loan, and the rest will be withdrawn in the debt token.* {% endhint %}
Collateral Switch This automation lets you set a price threshold at which your collateral asset will be switched into a different asset. Essentially, you'll be able to maneuver around price drops without having to close or unwind your position.\ \ Likewise, you'll be able to switch back into the collateral asset at a lower price once it reaches your target price: 1. Open up your position and navigate to the "Automate" tab:
2. Choose "Collateral Switch":
3. First, choose whether your trigger will be the price going "Over" or "Under" a price threshold 4. Input the price threshold. 5. You can choose whether you'd like to switch the whole amount of your collateral or only part of it (and set what the partial amount of the switch is) 6. Select the new collateral asset 7. Press "Enable" Users are also able to set up multiple instances of this automation, so that you can, for example: * Have one collateral switch automation for when your collateral's price drops * Have another one for switching it back to the original asset once the price recovers to a certain point On the other hand, you can also set multiple instances with different price thresholds so you incrementally switch part of your collateral to a stablecoin. {% hint style="info" %} For this automation, either the collateral asset, or the asset that's being switched to must be one of the following assets: * USDT * USDC * USDe * RLUSD * PYUSD * GHO * DAI * USDTb * EURC {% endhint %} To ensure this automation can trigger successfully and reliably, we've implemented a minimum switch amount of at least $10 in collateral for Arbitrum, Optimism, and Base - while it's $1,000 on Mainnet. Additionally, there is a maximum threshold of $500,000 in collateral value - as values larger than this might lead to trade size impact that is too significant to make it execute reliably.
Trailing Stop Compared to a standard Stop Loss which lets you set a fixed price threshold, a trailing stop is a dynamic option that lets you configure a percentage drop from peak reached price which, when breached, would trigger full closing of your position. This option is typically used as an alternative way to limit losses and ensure gains. To activate Trailing Stop, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Trailing Stop". 3. Input the % by which the collateral's price can dip from its previous peak, and whether you'd like to keep the remaining balance in your collateral or debt asset.
4. Press "Enable"
Savings Liquidation Protection (Maker exclusive) The Savings Liquidation Protection is a unique automation option that connects Maker Vault (CDP) owners with our Smart savings integrations, allowing anyone to borrow DAI and deposit it into supported yield earning protocols, while eliminating liquidation concerns. \ \ In case your Vault's (CDP's) ratio falls below the configured threshold, the DAI deposited into Smart Savings would be used to pay back debt. This option is typically used as a way to earn yield on DAI while keeping your Vault (CDP) protected against liquidation. To activate Savings Liquidation Protection, please follow these steps:
1. Open up your position and navigate to the "Automate" tab:
2. Choose "Savings Liquidation Protection". 3. Input the threshold that will trigger a repayment to the ratio of your choosing, and the Smart Savings protocol you'll be repaying from:
4. Press "Enable"
Redemption Protection (Liquity V1 Exclusive) Redemptions are a risk factor unique to the Liquity protocol, where the riskiest CDP's (Troves) get redeemed against. This means that the risky Trove's debt will be cleared off if it's deemed too risky by the protocol's parameters. In this case, the Trove owner loses exposure to their collateral asset. DeFi Saver's Redemption Protection tool ensures that debt can be automatically repaid to keep a Trove away from the redemption threshold. To activate Redemption Protection, please follow these steps:
1. Open up your position and navigate to the "Automate" tab: 2. Choose "Redemption Protection". 3. Input the Debt in front value as the trigger, and the % by which your Trove's ratio will increase. 4. Press "Enable"
Stability Pool Liquidation Protection (Liquity V2 Exclusive) This automation lets you protect your position from liquidation with automated debt payback using BOLD deposited into Liquity V2's Stability Pool: 1. Navigate to the Liquity V2 dashboard and click on the "Automate" tab:
2. Click on "Stability Pool Liquidation Protection" 3. Set up to what threshold your Safety Ratio can fall to, and the Safety Ratio it should be repaid to using funds from your Stability Pool deposit:
4. Click "Enable"
*** ## Related Articles: * [Automation](https://help.defisaver.com/features/automation) * [Fees](https://help.defisaver.com/features/automation/fees) * [Compatibility](https://help.defisaver.com/features/automation/compatibility) * [Requirements for using Automation](https://help.defisaver.com/features/automation/requirements-for-using-automation) # How does Automation work? By enabling any of our automated strategies, a user gives the DeFi Saver Automation smart contracts the rights to make adjustments on their position - but only once the user configured trigger condition is met, and fully limited by the user's configuration. > For example, if we take Automated leverage management, an auto-repay can only be executed for a user's position once their current ratio drops below their configured ("repay if below") ratio. > > \ > If the system were to attempt to execute a repay before this trigger condition is met, the transaction would fail. On top of this, there's also on-chain verification of transaction outcomes, meaning that the transaction execution will successfully complete only if the user's target condition is met. In the case of an auto-repay, this means that the "repay to" ratio needs to be reached at the end of the transaction. Once any automated strategy is enabled for a certain position, the Automation bots start actively monitoring it, so they can execute any needed adjustments as soon as the configured thresholds are reached. *Below, you'll find an illustration of how an auto-repay works:*
{% hint style="info" %} *This illustration specifically applies to an older automation architecture, though it still provides a good conceptual overview.* {% endhint %} *For latest technical details, you can always check the* [*development docs*](https://docs.defisaver.com/)*, as well as the* [*smart contracts source code*](https://github.com/defisaver)*.* *** ## Related Articles: * [Automation](https://help.defisaver.com/features/automation) * [Use-case](https://help.defisaver.com/features/automation/use-case) * [Compatibility](https://help.defisaver.com/features/automation/compatibility) # Automation strategies Currently available automated strategies at DeFi Saver are: ### 1. Automated Leverage Management Our oldest and still most popular option, automated leverage management allows anyone to configure partial unwinding (auto-repay) of their position in case it drops below a certain threshold, as we all as automated leveraging up (auto-boost) in case it goes above a user configured threshold, though the latter can be optionally disabled. This option is typically used as liquidation protection or as a way to maintain a constant leverage position. Currently available for: Aave v2 and v3, Maker, Compound v2 and v3, Morpho, Spark, Liquity V2 and CurveUSD. ### 2. Repay/Boost on Target Price Our recent and increasingly popular options that are similar to Automated Leverage Management, except that these are triggered by the threshold *price* you configure. These are typically used to partially lock in profits when you target price is reached, or to leverage more when market crashes below a level you recognised as a potential support point. Currently available for: Aave v3 and Morpho. ### 3. Stop Loss & Take Profit A classic combo, the stop loss and take profit options allow you to configure target price points at which your position would be fully closed, with your position's whole current debt cleared using collateral. Note: these two options are configured separately. These options are typically used as liquidation protection and a way to limit and minimize losses or maximize gains. Currently available for: Maker, Liquity and Aave v3. ### 3. Trailing Stop Compared to a standard stop loss which lets you set a fixed price threshold, a trailing stop is a dynamic option that lets you configure a percentage drop from peak reached price which, when breached, would trigger full closing of your position. This option is typically used as an alternative way to limit losses and ensure gains. Currently available for: Maker and Liquity. ### 4. Savings Liquidation Protection (Maker exclusive) The savings liquidation protection is a unique automation option that connects Maker Vault (CDP) owners with our Smart savings integrations, allowing anyone to borrow DAI and deposit it into supported yield earning protocols, while eliminating liquidation concerns. In case your Vault's (CDP's) ratio falls below the configured threshold, the DAI deposited into Smart Savings would be used to pay back debt. This option is typically used as a way to earn yield on DAI while keeping your Vault (CDP) protected against liquidation. ### 5. Bonds Liquidation Protection (Liquity exclusive) The bonds liquidation protection is another unique automation option that connects Liquity Trove owners with the Chicken Bonds protocol, allowing anyone to borrow LUSD and put it into Chicken Bonds, while eliminating liquidation concerns. In case your Trove's ratio falls below the configured threshold, the LUSD deposited into Chicken Bonds would be used to pay back debt. This option is typically used as a way to earn yield on LUSD while keeping your Trove protected against liquidation. ### 6. Automated Rebonding (Chicken Bonds exclusive) Our first automation option for the Chicken Bonds protocol allows anyone to enable automated, perpetual rebonding for their bond(s). The rebonding is done based on the optimal rebonding time formula and takes into consideration any price impact that the potential bLUSD/LUSD swap would have. This option is typically used as a "set it and forget it" way to manage LUSD bonds. # Automation Fees There are two types of fees that users should be aware of when it comes to using automated strategies at DeFi Saver. 1. The transaction fee for each executed automated transaction will effectively be charged to the position, during transaction execution.
2. The service fee for each executed transaction will also be charged during transaction execution, with the specific service fee being: 1. 0.25% on the swapped amount for transactions that include a token swap within; 2. 0.1% of the swapped amount specifically in cases where the swap within the transaction is between two correlated assets. This would apply in cases where assets belong to the DAI/USDC/LUSD/USDT or ETH/(w)stETH/rETH/cbETH groups, for example. 3. 0.05% of the amount being transacted for transactions where there's no token swap happening. This applies for Savings liquidation protection and Bonds liquidation protection automated strategies. *Note that simply enabling and keeping any automated strategy enabled for your position does **not** involve any kind of one-time or on-going, continuous service fees.* # Collateral & Debt Switch Users who manage their position on DeFi Saver have the option of using the Collateral and Debt switch options. Additionally, there's the option of Position Flip - which flips your collateral asset for the debt asset, and vice-versa. These tools let you swap out your collateral or debt asset for another in a single transaction.
How Collateral Switch works: * Flash loans the original collateral asset * Swaps it to the new collateral asset * Supplies the new collateral asset * Withdraws the original collateral asset * Pays back the flash loan
How Debt Switch works: * Flash loans the new debt asset * Swaps the new debt asset for the original debt asset * Pays back the original debt loan from your position * Borrows the new debt asset * Pays back the flash loan
{% hint style="warning" %} Once the Debt switch is successful, the confirmation pop-up might seem confusing as it will show that the new debt asset was sold for the original debt asset. For example, if you're switching debt from DAI to USDC, the confirmation pop-up will show the following:
![](https://help.defisaver.com/~gitbook/image?url=https%3A%2F%2F2276946674-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252Fo1t7pGS5d15WeQzoQ3Fe%252Fuploads%252FqEeKjQh07nlZ04hEz2po%252FScreenshot%25202025-07-15%2520120832.png%3Falt%3Dmedia%26token%3D4d076546-07e7-4a26-b94a-6fd728df48e4\&width=300\&dpr=4\&quality=100\&sign=95bb9cd8\&sv=2)
While this might seem incorrect - since you're moving from DAI to USDC, it's actually correct if we consider how the debt shift works: * The new debt asset is flash loaned (USDC) * It's sold off for the original debt asset in order to repay the original debt (DAI) * The new debt asset is borrowed and used to pay back the flash loan (USDC) As such, the only swap happening in the transaction is selling the new, flash loaned debt asset for the original debt asset.\ \ Reading through how each of the switches works will also help you understand the swaps that show up during these transactions. {% endhint %} {% hint style="info" %} *The Collateral Switch tool is also available as an automation strategy. To learn more, please visit our* [*Automation Use-case article*](https://help.defisaver.com/features/automation/use-case)*, and open the "Collateral Switch" window.* {% endhint %} *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/collateral-and-debt-switch/use-case) * [Fees](https://help.defisaver.com/features/collateral-and-debt-switch/fees) * [Compatibility](https://help.defisaver.com/features/collateral-and-debt-switch/compatibility) * [Position Flip](https://help.defisaver.com/features/collateral-and-debt-switch/position-flip) # Use-case Depending on which of the tools you're using, their use-case also varies:
Collateral Switch Use-case: The three main use-cases for collateral switch are:
* Avoiding price dips of your collateral by moving it into a stablecoin, and then moving back into the original collateral once price recovers. * Capitalizing on what you think are price peaks by moving collateral into a stablecoin, waiting for a price dip, and then moving back into the original collateral asset. * Capitalizing on increased supply APYs on other collateral assets, or if your supplied collateral's supply APY dips . Let's use an example where we have an Aave position with: * 21.93 ETH collateral * 43,277 DAI debt
If ETH's price starts crashing from the current $3,836.91 to $3,600 - we might want to switch it to a stablecoin to avoid continued price decreases. So, we'll navigate to the Aave dashboard in this case, and navigate to the "Shift" tab:
It'll open the Collateral Switch tab by default, and from there, click "Open Collateral Switcher":
You can input any amount of collateral to switch - but since we want to park our ETH in a stablecoin and avoid further price dips, we'll input the whole amount and choose USDC as the new collateral. We'll also be able to set the slippage limit for the transaction, and get a preview of the what the new Safety Ratio, Net APY and Collateral balance will look like. If everything checks out, just click "Switch", and sign the transaction:
And just like that, we have a stablecoin position - so we can now wait for the full dip of ETHs price, and re-enter at what we think is the price bottom by using Collateral Switch once again. The same principal applies if we think ETH's price reached the local top - we would move into stablecoins with Collateral Switch, and then back into ETH once the price falls down.
Debt Switch Use-case: Borrow APYs can be volatile at times - meaning users can face extended period where a certain borrow asset has a considerably higher Borrow APY than a different one. So, to avoid paying a higher premium on one debt asset instead of another, users can switch their debt asset to a lower Borrow APY one through DeFi Saver. The first step is navigating to the Aave dashboard and opening the "Shift" tab:
From there, click on "Debt Swtich", and then the "Open Debt Switcher" button. This will open a pop-up window:
You can opt to only switch part of your debt - but for this example, let's swith the whole amount. Before executing the transaction - you can also set the slippage limit and also see how your position metrics change after the switch. In this case, by moving into USDC, our Net APY increases from 1.63% to 2.07% - as DAI currently has a 5.69% Borrow APY, while USDC's is 5.28% If everything looks good, simply click "Switch", sign the transaction, and you'll be good to go.
*** ## Related Articles: * [Collateral & Debt Switch](https://help.defisaver.com/features/collateral-and-debt-switch) * [Fees](https://help.defisaver.com/features/collateral-and-debt-switch) * [Compatibility](https://help.defisaver.com/features/collateral-and-debt-switch/compatibility) # Fees Since Collateral switch, Debt switch and Position Flip are complex transactions that include a swap, the standard variable DeFi Saver fee applies to these tools:
* 0.01% fee for all stablecoin pair swaps (e.g. DAI --> USDC) * 0.1% fee for swaps of assets correlated in price (e.g. ETH --> wstETH) * 0.25% fee for swaps of assets not correlated in price (e.g. WBTC --> USDC) Additionally, these tools utilize flash loans, and while DeFi Saver always defaults to free flash loan sources first - if no liquidity sources are found on the free options - we opt for Aave, which has a flash loan fee of 0.09% *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/collateral-and-debt-switch/use-case) * [Compatibility](https://help.defisaver.com/features/collateral-and-debt-switch/compatibility) # Compatibility The availability of these tools varies from protocol to protocol: | Protocol | Collateral Switch | Debt Switch | | ---------- | ----------------- | ----------- | | Aave | ✅ | ✅ | | Compound | ✅ | ❌ | | Maker | ❌ | ❌ | | Spark | ✅ | ✅ | | Fluid | ❌ | ❌ | | Morpho | ❌ | ❌ | | Liquity V1 | ❌ | ❌ | | Liquity V2 | ❌ | ❌ | | CurveUSD | ❌ | ❌ | | LlamaLend | ❌ | ❌ | | Euler V2 | ❌ | ❌ | *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/collateral-and-debt-switch/use-case) * [Position Flip](https://help.defisaver.com/features/collateral-and-debt-switch/position-flip) # Position Flip Position Flip is a tool that works similarly to collateral and debt switch - where it's set up to flip the collateral and debt asset in your position. With this tool, you can easily go from a long position to a short one and vice-versa.
Show me how: Say we have a long ETH position where we leveraged at 3x and have: * 29.94 ETH collateral * 77,227 USDC debt As long as ETH's price keeps going up, we're in profit. However, if ETH's price starts falling, we're in danger of being at a loss if it disp below our entry point. If you expect ETH's price to keep falling after a local top - you can capitalize on this and move from your original long position into a short one. Simply visit the (in this case) Aave dashboard, and open the "Shift" tab:
Then, open "Position Flip", and then click "Open Position Flip". This will open a new pop-up window:
Everything will already be set up to flip your position - and you'll also have the option to set the slippage limit, along with a preview of what your position's metrics will look like after the flip. When you're ready, click "Flip", sign the transaction, and you'll move from a long position to a short one in a single transaction. Once you think ETH's price has reached its local bottom, simply re-use Position Flip to move back into a long position. {% hint style="info" %} *Position flip will keep the same values (minus fees) of your original collateral and debt, and will only change the actual asset that they're in.* {% endhint %}
> This tool is only available on Aave v3 and Spark across all available chains on DeFi Saver.
> > It's available for positions on both EOAs and Smart Wallets Position Flip has the standard DeFi Saver fee associated with complex transactions including swaps. *** ## Related Articles: * [DeFi Saver fees](https://help.defisaver.com/general/what-is-defi-saver/defi-saver-fees) * [Collateral & Debt Switch](https://help.defisaver.com/features/collateral-and-debt-switch) * [Loan Shifter](https://help.defisaver.com/features/loan-shifter) # TxSaver TxSaver provides users with smooth and MEV-free transactions by utilizing a custom-built system of submitting transactions. It ensures:
* The best swap routes by utilizing DeFI Saver's meta-aggregation of 6 different DEX aggregators. * By using MEV-preventing RPCs to privately submit transactions directly to block builders, ensuring they are executed before MEV bots * Users don't need to have ETH in their wallet to cover gas fees, as they're covered directly from their position by utilizing part of the supplied collateral. * Zero-cost on failed transactions. In case of your transaction failing, the loss is covered by DeFi Saver\ \\ The tool is available for transactions that include a swap: * Regular swaps * Boost * Repay * Leveraged Create * Leveraged Close Enabling TxSaver for your transactions is extremely straightforward, and presents an easy way to ensure your transactions are safe and successful.
Show me how: 1. Triggering a transaction that supports TxSaver will show the following toggle:\ \ ![](/files/wctjSkGm1LJxNWO1hzFb)
2. From there, simply toggle it on, and TxSaver will be applied to your transaction: ![](/files/yONbw8qYPxDPOyt464aW)
{% hint style="success" %} *TxSaver has no fees.* {% endhint %} ## Where TxSaver is not supported The first pre-requisite for using TxSaver is for you to be using a Safe Smart Wallet, so if you're just using a regular EOA wallet or DSProxy, it won't show up as an option while submitting a transaction. Currently, the networks supported by TxSaver include **Arbitrum** and **Mainnet**. On the protocol-side of things, TxSaver is unavailable on **CurveUSD** and **LlamaLend** > The minimum transaction value for TxSaver to be available on Mainnet is $100, while it's $10 on Arbitrum Seeing as ETH is not an ERC-20 token, transactions that include ETH are not supported by TxSaver. However, if your borrow position has ETH in it, TxSaver can be utilized for tools such as Boost, Repay, Collateral Switch and more. This is possible since, when ETH is supplied to a lending protocol, it's first wrapped into WETH - an ERC-20 token. So, TxSaver interacts with WETH rather than native ETH. # Trending Zaps DeFi Saver's Trending page offers pre-built, one-transaction strategies known as zaps - which are currently popular among DeFi Saver users. Clicking on any of the zaps will give you a pop-up window that both explains the strategy, and provides you the next steps in order to execute the zap. Let's have a look at an example of activating a zap:
Show me how: The first step is to visit the Trending page from the left-hand sidebar:
Before deciding on which zap to use, you'll find a detailed description of what that zap does, and what the strategy includes. \ When you find a zap that interests you, simply click on it. This will show a pop-up window:
In this example, we're covering the "Long ETH" zap. It allows you to open a leveraged ETH / stablecoin position in order to maximize exposure to ETH. The pop-up window will provide you with all of the necessary steps and values to input such as:
* Choose which asset you want to start with. This means that you can input an asset that's not ETH/BTC and the zap will swap it to either ETH or BTC * Input the starting amount of collateral * Set the leverage amount * Select the debt asset * [**(If minimum debt requirement is met)**](https://defi-saver.gitbook.io/knowledge-base-update-draft/features/automation/requirements-for-using-automation) Toggle auto-boost liquidation protection * Set the slippage limit Once you've got it set up, simply click on "Create" to execute the Zap. Our goal with every zap is to streamline the execution of complex DeFi strategies - making them easier, faster, and more gas efficient, since they're executed within a single transaction. This also means presenting all of the most important information within the zap set-up, such as Net APYs, fees, and slippage / trade size impact.
{% hint style="info" %} *Seeing as zaps execute a combination of actions in a single transactions, users are required to open (or have) a Safe smart wallet in order to handle it.* \ [*For more information on Safe smart wallets on DeFi Saver, visit our knowledge base articles.*](https://help.defisaver.com/general/smart-wallets) {% endhint %} In addition to the one-transaction zaps, our Trending page will also contain news from DeFi Saver, such as our stats and newsletter, as well as opportunities within the DeFi ecosystem. We will be updating Trending zaps with new, popular strategies - so be sure to check up on the page from time to time. *** ## Related Articles: * [Ethena Liquid Leverage](https://help.defisaver.com/features/trending-zaps/ethena-liquid-leverage) * [Long or Short ETH / BTC](https://help.defisaver.com/features/trending-zaps/long-or-short-eth-btc) * [Swap and stake](https://help.defisaver.com/features/trending-zaps/swap-and-stake) # Ethena Liquid Leverage Ethena’s Liquid Leverage allows users to deposit **50%** **sUSDe** and **50% USDe** into Aave and earn promotional rewards for **USDe** in addition to the normal **USDe** lending rate and **sUSDe's** native APY. To become eligible for Liquid Leverage rewards for USDe deposits, users must: * Supply a roughly 50/50 split of **USDe** and **sUSDe** as collateral. The 50/50 split is in regards to the dollar value, not the actual amount of **USDe** and **sUSDe** * Be borrowing **USDC, USDT,** or **USDS** * Complete looping the position at least once We've been notified by the Ethena team that the split doesn't have to be exactly 50/50 - a small deviation in percentage is allowed. It's not mandatory that the steps are followed in chronological order, since the main factor is that the resulting position meets all the criteria. With that in mind, DeFi Saver has created a zap that achieves this in a single transaction, where users can enter with either **USDe** or **sUSDe** as collateral:
Show me how: The first step is to navigate to the Trending page on the left-hand sidebar:
From there, click on the zap for Liquid Leverage, which will open a pop-up window:
In this pop-up window, you'll be able to:
* Select which token you'd like to start the leveraging with * Input the amount you'd like to leverage * Set the leverage amount * Choose the debt asset * Set the slippage limit On the right-hand side, you'll see a preview of your position, along with important metrics such as the estimated trade size impact, and swap rates. When everything looks good with the setup, click on "Create". Once successful, you'll now be able to access your Aave Liquid Leverage position by opening it from the Portfolio page, or opening the Aave dashboard on DeFi Saver. {% hint style="info" %} *Since your position will be on a Safe smart wallet,*[ *you'll be able to view your position and assets on other apps by connecting your Safe to them.*](https://help.defisaver.com/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) {% endhint %}
Liquid Leverage also addresses the 7-day unstaking cooldown issue for sUSDe users. By maintaining at least half the position in USDe and employing leverage, it creates a loop that keeps a portion of the funds liquid, free from the 7-day cooldown constraint. {% hint style="info" %} *For more information on Ethena Liquid Leverage, please refer to the following Knowledge Base articles:*
* [Claiming Merkl rewards for Liquid Leverage](https://help.defisaver.com/protocols/aave/ethena-liquid-leveraging-on-aave-in-one-transaction/claiming-merkl-rewards-for-liquid-leverage) * [How to unwind a Liquid Leverage position](https://help.defisaver.com/protocols/aave/ethena-liquid-leveraging-on-aave-in-one-transaction/how-to-unwind-a-liquid-leverage-position) * [How do I add more collateral to my Liquid Leverage position while maintaining a 50/50 split?](https://help.defisaver.com/protocols/aave/ethena-liquid-leveraging-on-aave-in-one-transaction/how-do-i-add-more-collateral-to-my-liquid-leverage-position-while-maintaining-a-50-50-split) {% endhint %} # Long or Short ETH / BTC On our Trending page, you'll find zaps that allow you to open a long or short ETH or BTC position in a single transaction. {% hint style="info" %} *Longing an asset on DeFi Saver will:* {% endhint %} * Supply the asset as collateral * Borrow a stablecoin as debt * Swap the debt into more of the collateral * Supply the added collateral * Repeat the process of borrowing and supplying until the desired leverage amount is reached {% hint style="info" %} *Shorting an asset on DeFi Saver will:* {% endhint %} * Supply a stablecoin as collateral * Borrow the desired asset as debt * Swap the debt asset into a stablecoin * Supply the stablecoin as collateral and borrow more debt * Repeat the process of borrowing and supplying unitl the desired leverage amount is reached So, let's take a look at how you can get this done in a few clicks using our zap:
Show me how: The first step would be to navigate to our Trending page:
From there, you'll find the following zaps (cards): * Long ETH * Long BTC * Short ETH * Short BTC Clicking on any of the zaps will open a pop-up window:
For longing ETH or BTC, the pop-up window will provide you with the option to:
* Choose which asset you want to start with. This means that you can input an asset that's not ETH/BTC and the zap will swap it to either ETH or BTC * Input the starting amount of collateral * Set the leverage amount * Select the debt asset * [(If minimum debt requirement is met)](https://help.defisaver.com/features/automation/requirements-for-using-automation) - Toggle auto-boost liquidation protection * Set the slippage limit On top of this, you'll also see a preview of your position before executing the zap. If everything checks out, simply click "Create". From there, you'll be able to view and access your Aave position from the Portfolio page, or by visiting the Aave dashboard on DeFi Saver.
This will result in you having an open leveraged position on DeFi Saver, meaning you'll have access to a plethora of tools such as:
* [Boost and Repay](https://help.defisaver.com/general/what-is-defi-saver/boost-and-repay) * [Automations](https://help.defisaver.com/features/automation) * [Collateral/Debt switch](https://help.defisaver.com/features/loan-shifter) * ...and many more {% hint style="info" %} Since your position will be on a Safe smart wallet, [you'll be able to view your position and assets on other apps by connecting your Safe to them.](https://help.defisaver.com/general/smart-wallets/connecting-your-safe-wallet-to-third-party-apps) {% endhint %} # Swap and Stake If you're interested in staking USDS (in Sky) or GHO (in Aave), we have dedicated zaps that, in one transaction, let you select which asset you'd like to swap into USDS / GHO (if you don't already own them), and stake them in the relevant protocol. This is accomplished in a single transaction, with the swaps utilizing DeFi Saver's built-in DEX meta aggregator, ensuring you not only save on gas fees, but also get the best price for your swap.
Show me how: Simply visit the "Trending" page from the left-hand sidebar:
From there, you can click on either: * Earn with staked GHO * Earn with Sky Savings Rate (USDS staking) Both zaps work the same way, where clicking on either/or will open up a pop-up window where: * You can choose which asset you want to swap to GHO / USDS * Input the amount to stake * Set the slippage limit
You'll also be able to preview all of the important metrics of the transaction such as the trade size impact, and estimated APY. When everything looks good to go, simply click "Stake". You'll now be able to view your staked asset(s) from the Portfolio page, and also claim rewards under the "Tokens" section.
# Discover Finding opportunities within the DeFi landscape can be quite a tall task with the vast amount of options, apps, and protocols. This is where the Discover dashboard comes into play, as it lets you browse and compare 1500+ different positions within integrated protocols across Ethereum Mainnet, Arbitrum, Base and Optimism. It lets you filter options by collateral or debt assets and quickly sort available positions by supply and borrow APYs or max LTVs. Just like the Use-case articles on our Knowledge Base, our Discover tool helps goal-oriented users make finding the right strategy simple and hassle-free. These include: * Increase exposure to ETH and other supported tokens * Find yield options for stablecoins and other assets (e.g. LSTS or LRTs) * Position comparison Simplicity and ease of access is the name of the game with the Discover tool, so getting started with it is quick and straightforward:
Show me how: The first step would be to navigate to the "Discover" tool on the sidebar:
From there, you'll be able to filter strategies based on: * Collateral tokens * Debt tokens * Chains * Protocols On top of this, you can select preset strategies oriented towards: * Long ETH * Long BTC * Yield farm ETH * Yield farm stables
You'll get a list of options based on your filters, and clicking on any of them will take you to the relevant page on DeFi Saver that lets you execute that strategy:
Another useful tool from the Discover feature is the “Estimate Net APY” filter. It allows you to input your desired collateral and borrow amount in dollar value - and receive a list of protocols and positions where you could open up such a position. 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. {% hint style="info" %} *The Net APY also considers your position's impact on the markets themselves, meaning how the supply/borrow rates change with your added/borrowed funds.* {% endhint %} Aside from inputting the borrow and collateral amount, you can also choose the “Leverage” option, which will let you: * Input the collateral amount in dollar value * Define how many times you’d like to leverage it
> 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 \ Using this feature is easy, so let’s take a quick look:
Show me how: Say we're already on the Discover page. Under the filters, you'll see the "Estimate Net APY" button:
Clicking it will expand the window and let us choose the Borrow or Leverage tab. Choosing the Borrow tab lets us set how much collateral we want to place (in dollar value) and how much we'd like to borrow (in dollar value):
In this case, our Discover tool is providing us with all of the protocols and positions that have an LTV which would allow us to borrow $90,000 USD worth of debt using $100,000 USD worth of collateral. If leveraging is more aligned with your strategy, then simply clicking the "Leverage" tab will provide you with input options:
For example, we're looking to leverage $100,000 USD worth of collateral 15 times. We simply input the dollar amount, and moved the slider to 15. From there, our Discover tool handled the rest and provided us with positions and protocols that allow us to execute a strategy with the parameters we set. Along with that, you see the exact Net APY for each position. So, if we opt to borrow from the suggested Aave v3 wstETH/ETH position with a 9.04% Net APY, we immediately know that we'd be looking at a profit of over $9,000 USD.\ \ All of this information is accessible within minutes thanks to the Discover tool's "Estimate Net APY" filter.
# Recipe Creator The DeFi Saver Recipe Creator allows you to create complex transactions (Recipes) consisting of multiple operations (Actions). It’s meant to make the power of flash loans and flexibility of DeFi Legos accessible to people of all technical backgrounds.
As of now, the Recipe Creator includes support for actions from the following protocols: * Aave v3 * Fluid * Maker * CurveUSD * Liquity * Compound v3 * Spark * Morpho * Lido * Uniswap v2 * Uniswap v3 * Aave v2 * Compound v2 * Yearn It also provides users the option of utilizing flash loans from the following sources: * Aave * Balancer * Maker * Spark * Morpho * CurveUSD {% hint style="info" %} *Executing Recipes in the Recipe Creator requires you to have a Smart Wallet* {% endhint %} *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/recipe-creator/use-case) * [Fees](https://help.defisaver.com/features/recipe-creator/fees) * [Compatibility](https://help.defisaver.com/features/recipe-creator/compatibility) * [Pre-made recipes / Recipe Book](https://help.defisaver.com/features/recipe-creator/pre-made-recipes-recipe-book) # Use-case Recipe Creator ensures that users don't need advanced DeFi coding knowledge to execute complex strategies. In this article, we'd like to outline some of the use-cases of our tool:
* **Increased staking rewards** - Within a single transaction, users can create multi-leveraged transactions to ensure maximum staking rewards. \ \ The most common recipe for this is to start with a flash loan, wrapping ETH, staking both the flash loaned LST and wrapped ETH and creating a leveraged position.
Show me an example: By visiting our Recipe Creator, you'll see numerous strategies that include leveraging ETH-based LSTs - let's take the "Leverage wstETH-ETH using Spark" strategy as an example:
By clicking on any of the strategies, you'll get a full breakdown including: * The precise steps that the strategy executes * A description of the strategy, including its use-case {% hint style="info" %} *ETHSaver is a tool built by the DeFi Saver team. It's fully focused on allowing users to easily create leveraged positions using ETH and ETH-based LSTs. You can learn more about it in the* [*ETHSaver Knowledge Base articles.*](https://help.defisaver.com/features/eth-saver) {% endhint %} Clicking on "Execute" will activate the strategy, and after signing the transaction, you'll be able to see the newly opened position on the "Portfolio" page:
* **Lend and supply in multiple protocols to increase passive income and retain collateral exposure** - By creating a recipe where you borrow from one protocol, and supply the debt in another, you can increase your passive income while retaining exposure to your collateral asset.
Show me an example: Let's build a stategy from scratch that will: * Open a CDP on Maker * Use the debt from maker in Compound * This will let us keep exposure to ETH while earning passive income in another protocol. The first step would be navigating to the Recipe Creator page, and then the "Create recipe" tab:
{% hint style="info" %} *You'll notice a plethora of actions to choose from in the Recipe Creator. You can refer to the* [*"Available actions" article*](https://help.defisaver.com/features/recipe-creator/available-actions) *to get familiar with all of the possibilities when creating a recipe.* {% endhint %} Once here, let's start by using the "Create New Vault" action from the Maker tab:
Since we need to supply funds to the CDP, let's wrap some of our ETH in order to supply it to the CDP. We'll do this with the "Wrap ETH" action from the "Utility" tab:
Going back to the Maker tab, we'll see the "Supply collateral to Vault" action:
Now that we've added collateral, let's borrow some DAI by adding the "Generate DAI from Vault" action:
Finally, we can go ahead and supply the borrowed DAI to Compound:
We'll be able to preview the final state after the recipe, and when everything checks out, click "Execute":
We'll also be able to view both our Maker and Compound positions on the "Portfolio" page:
So, within a single transaction, and a couple of clicks, we both created a Maker position, and supplied to Compound. Thus, saving on time and gas fees.
{% hint style="info" %} *We highly recommend getting familiar with all of our tools before using Recipe Creator.*\ \ *This ensures that you don't need to go through the trouble of setting up the recipe for a process that already exists within DeFi Saver.* {% endhint %} Of course, users can also utilize the Recipe Creator to make their own recipes which align with their DeFi strategies. *** ## Related Articles: * [Fees](https://help.defisaver.com/features/recipe-creator/fees) * [Compatibility](https://help.defisaver.com/features/recipe-creator/compatibility) * [Pre-made recipes / Recipe Book](https://help.defisaver.com/features/recipe-creator/pre-made-recipes-recipe-book) * [Available actions](https://help.defisaver.com/features/recipe-creator/available-actions) # Fees Using Recipe Creator has no inherent fees. However, specific actions within Recipe Creator incur a fee:
* Any "Sell" action has a DeFi Saver fee, and its amount depends on the type of swap happening within the sale:\ \ -> 0.01% fee for stablecoin swaps (e.g. USDC -> USDT)\ -> 0.1% fee for swaps of assets that are correlated in price (e.g. ETH -> wstETH)\ -> 0.25% fee for swaps of assets that are not correlated in price (e.g. WBTC -> USDS)
* Aave's flash loan action has a 0.09% fee that comes from the protocol itself *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/recipe-creator/use-case) * [Compatibility](https://help.defisaver.com/features/recipe-creator/compatibility) # Compatibility The available protocols on Recipe Creator depend on the chain you're currently on. In this article, we'll cover the full protocol-chain compatibility for Recipe Creator: | Protocol | Ethereum | Arbitrum | Optimism | Base | | ----------- | -------- | -------- | -------- | ---- | | Aave V3 | ✅ | ✅ | ✅ | ✅ | | Fluid | ✅ | ✅ | ❌ | ✅ | | Maker | ✅ | ❌ | ❌ | ❌ | | CurveUSD | ✅ | ❌ | ❌ | ❌ | | Liquity | ✅ | ❌ | ❌ | ❌ | | Compound V3 | ✅ | ✅ | ❌ | ✅ | | Spark | ✅ | ❌ | ❌ | ❌ | | Morpho | ✅ | ❌ | ❌ | ✅ | | Lido | ✅ | ❌ | ❌ | ❌ | | Uniswap V2 | ✅ | ❌ | ❌ | ❌ | | Uniswap V3 | ✅ | ✅ | ✅ | ✅ | | Aave V2 | ✅ | ❌ | ❌ | ❌ | | Compound v2 | ✅ | ❌ | ❌ | ❌ | | Yearn | ✅ | ❌ | ❌ | ❌ | {% hint style="info" %} *The actions within the protocols are the same across all chains.* {% endhint %} *** ## Related Articles: * [Available actions](https://help.defisaver.com/features/recipe-creator/available-actions) * [Use-case](https://help.defisaver.com/features/recipe-creator/use-case) * [Fees](https://help.defisaver.com/features/recipe-creator/fees) # Available actions Each step in the Recipe Creator is known as an "action". In this article, we're going to cover all of the available ones so far:
Utility This covers non-protocol-specific actions. The ones available on all 4 chains are: * Wrap ETH * Unwrap ETH * Sell * Send Token * Pull Token There are additional ones that are only available on Ethereum: * Convert DAI * Revert USDS * Wrap DAI * Unwrap sDAI
Flash Loans There are two flash loans providers available on all 4 chains: * Aave V3 Flash Loan * Aave V3 Loan Payback * Balancer Flash Loan * Balancer Loan Payback The flash loans exclusive to Ethereum are: * GHO Flash Loan * GHO Loan Payback * Aave Loan * Aave Loan Payback * Maker Flash Loan * Maker Loan Payback * Spark Flash Loan * Spark Loan Payback * Morpho Flash Loan * Morpho Loan Payback * CurveUSD Flash Loan * CurveUSD Loan Payback
Next up, we'll cover all of the protocol-specific actions:
Aave V3 * Supply collateral to Aave V3 * Withdraw collateral from Aave V3 * Borrow from Aave V3 * Pay debt back to Aave V3 * Aave V3 E-mode
Fluid * Open asset to Fluid Position * Supply asset to Fluid Position * Withdraw asset from Fluid Position * Borrow asset from Fluid Position * Payback asset to Fluid Position
Maker * Create new Vault * Supply collateral to Vault * Withdraw collateral from Vault * Generate DAI from Vault * Pay DAI back to Vault * Merge two Vaults * Transfer Vault
CurveUSD * Create CurveUSD position * Supply to CurveUSD * Withdraw from CurveUSD * Borrow from CurveUSD * Pay debt back to CurveUSD * Self-liquidate CurveUSD position
Liquity * Open new Trove * Supply WETH to Trove * Withdraw WETH from Trove * Borrow LUSD from Trove * Payback LUSD to Trove * Close Trove * Deposit LUSD to stability pool * Withdraw LUSD from stability pool * Stake LQTY * Unstake LQTY * Redeem LUSD for ETH * Claim collateral * Supply ETH gain to Trove * Claim LQTY Staking Rewards * Claim SP Staking Rewards
Compound V3 * Supply to Compound V3 * Withdraw collateral from Compound V3 * Borrow from Compound V3 * Pay debt back to Compound V3
Spark * Supply collateral to Spark * Withdraw collateral from Spark * Borrow from Spark * Pay debt back to Spark * Spark E-mode
Morpho * Supply asset to Morpho * Withdraw asset from Morpho * Borrow from Morpho * Pay debt back to Morpho
Lido * Stake ETH * Wrap stETH * Unwrap stETH
Uniswap V2 * Supply to Uniswap V2 * Withdraw from Uniswap V2
Uniswap V3 * Create LP NFT * Supply to Uniswap V3 LP * Withdraw from Uniswap V3 * Collect fees from Uniswap V3
Aave V2 * Supply collateral to Aave * Withdraw collateral from Aave * Borrow from Aave * Pay debt back to Aave
Compound * Supply collateral to Compound * Withdraw collateral from Compound * Borrow from Compound * Pay debt back to Compound * Claim COMP
Yearn * Supply to Yearn Vault * Withdraw from Yearn Vault
{% hint style="info" %} *Please note that not all protocols are supported on every chain for Recipe Creator.* \ \ *For more details, visit our Compatibility article.* {% endhint %} *** ## Related Articles: * [Compatibility](https://help.defisaver.com/features/recipe-creator/compatibility) * [Use-case](https://help.defisaver.com/features/recipe-creator/use-case) * [Recipe Creator](https://help.defisaver.com/features/recipe-creator) # What are Flash Loans? Flash Loans are a novel concept that allows anyone to borrow any amount of funds at the beginning of a transaction without the need to deposit any collateral, as long as these funds are paid back before the same transaction is completed. While Flash Loans have been used under the hood by DeFi Saver for a while for enabling greater leverage management or refinancing tools, the Recipe Creator now let’s anyone utilize this power for their own specific use case. ## What you need to know: * For technical reasons, the flash borrow action must be the first one in the recipe. * The available flash loan sources are:\ \ -> Aave\ -> Morpho\ -> Maker\ -> Spark\ -> CurveUSD
* You can only have a single flash loan in a recipe. It is technically possible to loan more than one asset via Aave, but the UI does not currently support this option. ## Use-cases: Generally speaking, flash loans can be used whenever you need a temporary loan that you know you’ll be able to pay back at the end of the transaction. Some of the potential use cases include: * Creating a fully leveraged position * Collateral or debt asset swaps * Closing/unwinding a position * Decreasing/increasing leverage within a position *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/recipe-creator/use-case) * [Compatibility](https://help.defisaver.com/features/recipe-creator/compatibility) * [Available actions](https://help.defisaver.com/features/recipe-creator/available-actions) * [Recipe Creator
](https://help.defisaver.com/features/recipe-creator) # Is Recipe Creator safe to use? Given the nature of the DeFi ecosystem, we consider it our responsibility to protect users in any way we can. We take security and our position as an intermediary very seriously. The Recipe Creator has been architected to minimize user exposure to hacks and exploits. DeFi Saver contracts do not hold any funds nor do they receive token management approvals from user accounts (EOAs). \ \ Instead, Recipes are executed through each user’s Smart Wallet. This way, if any of the contracts are compromised, the end user’s funds aren’t exposed to a “passive” risk. > *Furthermore, all actions and the underlying architecture have been audited internally, as well as externally by* [*Consensys*](https://consensys.net/diligence/) *and* [*Dedaub*](https://www.dedaub.com/) *with no attack vectors found. All contracts are also* [*publicly available on GitHub*](https://github.com/DecenterApps/defisaver-v3-contracts)*.* The same architecture powering the Recipe Creator system is also used for interactions within our protocol-specific dashboards. \ \ In general, we try to expose users only to proven and established protocols within DeFi Saver. However, even if this is the case, we still cannot guarantee the integrity of these underlying protocols. *** ## Related Articles: * [DeFi Saver and security](https://help.defisaver.com/general/what-is-defi-saver/defi-saver-and-security) * [Recipe Creator](https://help.defisaver.com/features/recipe-creator) * [Fees](https://help.defisaver.com/features/recipe-creator/fees) * [Compatibility](https://help.defisaver.com/features/recipe-creator/compatibility) # Pre-made recipes / Recipe Book We wanted to introduce a Recipe Book that offers a selection of pre-made recipes that you can easily access and utilize for your strategies. You can search and preview the recipes by ***Protocol*** (MakerDao, Compound, Aave, Morpho, Spark, Liquity, Reflexer, Uniswap V2, Lido, mStable, Bonds) and by ***Type*** (open, close, shift, leverage, leverage staking, yield and utility). \ \ You can also just manually type in and search for a recipe. An overview of all the recipes listed down below:
Ethena Recipes: Currently, the only available Ethena recipe is the Aave Liquid Leverage strategy. We have a section in our Knowledge Base dedicated to it - so if you'd like to learn more, [please click here.](https://help.defisaver.com/protocols/aave/ethena-liquid-leveraging-on-aave-in-one-transaction)
MakerDAO Recipes: * Create a leveraged wsETH-A Maker Vault * Convert MakerDAO ETH Vault to wstETH * Mint DAI and supply to mStable * Repay Maker debt using mStable * Mint DAI and supply to Compound * Repay Maker debt using Compound * Open a fully-leveraged Maker Vault * Convert MakerDAO ETH Vault into Reflexer Safe * Open a leveraged UNIV2DAIETH Maker Vault * Convert MakerDAO ETH Vault into Liquity Trove
Compound Recipes: * Leverage wstETH-ETH using Compound v3 ETH * Leverage cbETH-ETH using Compound v3 ETH * Leverage rETH-ETH using Compound v3 ETH * Move Compound position to Aave * Repay Maker debt using mStable * Mint Dai and supply to Compound * Repay Maker debt using Compound
Aave Recipes: * Leverage wstETH-ETH using Aave v3 * Leverage cbETH-ETH using Aave v3 * Leverage rETH-ETH using Aave v3 * Leverage stETH-ETH using Motpho-Aave v2 * Leverage cbETH-ETH using Morpho-Aave v3 * Leverage wstETH-ETH using Morpho-Aave v3 * Leverage rETH-ETH using Morpho-Aave v3 * Leverage stETH-ETH using Aave v2 * Close a leveraged stETH-ETH position to ETH * Move Compound position to Aave
Spark Recipes: * Leverage wstETH-ETH using Spark * Leverage rETH-ETH using Spark
Morpho Recipes: * Leverage stETH-ETH using Morpho-Aave v2 * Leverage cbETH-ETH using Morpho-Aave v3 * Leverage wstETH-ETH using Morpho-Aave v3 * Leverage rETH-ETH using Morpho-Aave v3
Liquity Recipes: * Create a Liquity Trove and LUSD Bond(s) * Convert MakerDAO ETH Vault into Liquity Trove * Liquity Trove Close
Reflexer Recipes: * Open a leveraged Reflexer Safe * Convert MakerDAO ETH Vault into Reflexer Safe
Uniswap V2 Recipes: * Open a leveraged UNIV2DAIETH Maker Vault
Lido Recipes: * Leverage wstETH-ETH using Spark * Leverage wstETH-ETH using Aave v3 * Leverage stETH-ETH using Morpho-Aave v2 * Leverage wstETH-ETH using Morpho-Aave v3 * Leverage stETH-ETH using Aave v2 * Leverage wstETH-ETH using Compound v3 ETH * Close a leveraged stETH-ETH position to ETH * Wrap ETH to wstETH * Create a leveraged wstETH-A MakerDAO Vault * Convert MakerDAO ETH Vault to wstETH
mStable Recipes: * Mint DAI and supply to mStable
Bonds Recipes: * Create a Liquity Trove and LUSD Bond(s)
*** ## Related Articles: * [Compatibility](https://help.defisaver.com/features/recipe-creator/compatibility) * [Available actions](https://help.defisaver.com/features/recipe-creator/available-actions) * [Use-case](https://help.defisaver.com/features/recipe-creator/use-case) * [Recipe Creator](https://help.defisaver.com/features/recipe-creator) # How can I reuse output of previous functions? When chaining actions together, it can be useful to use the output of one action as the input of another. The simplest example would be following a Sell action with a Supply action. As the output of a Sell cannot be known ahead of time (it can only be estimated), you can directly link its output to be used as the input of the Supply action later on. This way, no "dust" is left behind (i.e. you don’t have to underestimate the output of the Sell action) and recipe creation is made easier. Whenever the UI detects you can reuse previous outputs, it will be shown with a dropdown allowing you to to select a value, along with its source. If the original value is changed, the value passed down will be updated too. *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/recipe-creator/use-case) * [Is Recipe Creator safe to use?](https://help.defisaver.com/features/recipe-creator/is-recipe-creator-safe-to-use) * [Pre-made recipes / Recipe Book](https://help.defisaver.com/features/recipe-creator/pre-made-recipes-recipe-book) # Smart Savings Smart Savings is a lending dashboard with support for multiple protocols and quick (1-tx) moving of funds between protocols. > Currently, the Smart Savings feature integrates three different decentralized finance protocols in a singular dashboard. Those three are:
> > * Morpho > * Yearn > * Maker
> > Using this feature, you can track interest rates across these different protocol options and supply or move your funds accordingly to the one with the best available rate - all in a single click. Your assets in Smart Savings will be kept on your Smart Wallet. This will enable use of advanced features, but may not be compatible with other frontends for these protocols. ## How to know how much interest you're earning with Smart Savings? There is currently no "interest earned counter" implemented in Smart Savings, although it is on our roadmap. In the meantime, as long as you know the amount of funds you initially supplied, you will also know the amount earned, as it’s constantly being added to your total balance. At any given moment, you are able to see an estimate of interest earned in a week, month and a year based on the currently chosen protocol rate. {% hint style="warning" %} *Smart Savings is currently only available on Ethereum Mainnet.* {% endhint %} *** ## Related Articles: * [Use-case](https://help.defisaver.com/features/smart-savings/use-case) * [Fees](https://help.defisaver.com/features/smart-savings/fees) * [Overview of Morpho vaults](http://help.defisaver.com/features/smart-savings/overview-of-morpho-vaults) * [Overview of Yearn](https://help.defisaver.com/features/smart-savings/overview-of-yearn) * [Overview of Maker DSR](https://help.defisaver.com/features/smart-savings/overview-of-maker-dsr) # Use-case The main benefit of Smart Savings is that users are able to easily deposit assets into one of the available protocols/vaults through a single transaction. From there, users can monitor other available options and move their positions to target better APY's, or if the APY for the current protocol is no longer lucrative enough.
How to utilize Smart Savings 1. Visiting the Smart Savings page will show the full list of available protocols and options for users to deposit funds to:
2. Click on the option that interests you the most to expand it for more information including a description of the specific option, as well as weekly, monthly and yearly Net estimates:
3. Once you've supplied the funds, you'll be able to supply more, withdraw, or even move to a different position:
And that's it! With a few clicks, you've supplied your assets and are ready to earn yield. Your position will now show on your Portfolio page:
*** ## Related Articles: * [Smart Savings](https://help.defisaver.com/features/smart-savings) * [Fees](https://help.defisaver.com/features/smart-savings/fees) * [Compatibility](https://help.defisaver.com/features/smart-savings/compatibility) # Fees Smart Savings incurs no fees from DeFi Saver for users that use it to lend their assets to the available pools. While regular gas fees still apply, DeFi Saver does not take any percent of the transaction - whether it comes to opening the position, moving it, or withdrawing your earnings. {% hint style="info" %} *Please note that the lending protocols themselves may have performance or management fees associated with them.* {% endhint %} *** ## Related Articles: * [Smart Savings](https://help.defisaver.com/features/smart-savings) * [Use-case](https://help.defisaver.com/features/smart-savings/use-case) * [Compatibility](https://help.defisaver.com/features/smart-savings/compatibility) # Compatibility Smart Savings is currently only available on Ethereum Mainnet, and supports the following protocols and pools:
Morpho * Boosted USDC * Gauntlet Resolv USDC * Gauntlet USDC Core * Gauntlet USDC Prime * Gauntlet WETH Core * Gauntlet WETH Prime * Gauntlet USDT Prime * Gauntlet USDA Core * RE7 WETH * Steakhouse USDT * Steakhouse PYUSD * Flagship USDT * Flagship ETH
Yearn * DAI pool * USDT pool * USDC pool
Maker * Maker DSR
The assets available to supply on Smart Savings are:
* ETH * USDC * USDT * DAI * PYUSD * USDA *** ## Related Articles: * [Smart Savings](https://help.defisaver.com/features/smart-savings) * [Use-case](https://help.defisaver.com/features/smart-savings/use-case) * [Fees](https://help.defisaver.com/features/smart-savings/fees) # Overview of Yearn Users are able to earn interest using Yearn on DFS by depositing DAI, USDC, and/or USDT into their respective Yearn vaults. There will be no additional claiming of rewards since Yearn will auto-compound everything for you. Withdrawals are available only in the deposited currency. > Considering the fact that Yearn mainly allocates stablecoins in available lending platforms on the market, the risk from impermanent loss is minimal and shared proportionally among other vault depositors. \ > \ > However, in cases where Yearn uses assets to provide liquidity on DEXs, it’s done only for stablecoin pairs so the IL risk stays as low as possible. There are two fees associated with Yearn vaults:
* 20% Performance Fee: Deducted from yield earned every time a vault harvests a strategy.
* 2% Management Fee: Flat rate taken from vault deposits over a year. The fee is extracted by minting new shares of the vault, thereby diluting vault participants. \ \ This is done at the time of harvest and calculated based on time since the previous harvest. You can find the description and active Yearn strategies for the Smart Savings integrated vaults by:
* Visiting DeFi Saver's Smart Savings page * Selecting the vault you're interested in * Clicking it will expand the window, and you'll be able to read about the vault's strategy *** ## Related Articles: * [Smart Savings](https://help.defisaver.com/features/smart-savings) * [Use-case](https://help.defisaver.com/features/smart-savings/use-case) * [Overview of Morpho vaults](https://help.defisaver.com/features/smart-savings/overview-of-morpho-vaults) * [Overview of Maker DSR](https://help.defisaver.com/features/smart-savings/overview-of-maker-dsr) * [Fees](https://help.defisaver.com/features/smart-savings/fees) # Overview of Maker DSR The Dai Savings Rate (DSR) is a feature in the MakerDAO system that lets DAI holders earn passive income directly on their DAI. It pays out interest (shown as an APY) continuously, with rewards distributed on every block. {% hint style="info" %} *There are no minimums, no lock-up periods, and no fees. Users are free to deposit and withdraw at any time.* {% endhint %} The interest earned comes from MakerDAO’s own revenue. Since Maker wants DAI to be widely used across DeFi, it shares part of its profits with DAI holders through the DSR as a way to encourage long-term holding and boost adoption. Besides being the go-to option for depositing DAI, and additional selling point of Maker DSR is that it has the lowest gas costs among available options on Smart Savings. *** ## Related Articles: * [Overview of Yearn](https://help.defisaver.com/features/smart-savings/overview-of-yearn) * [Overview of Morpho vaults](https://help.defisaver.com/features/smart-savings/overview-of-morpho-vaults) * [Smart Savings](https://help.defisaver.com/features/smart-savings) * [Use-case](https://help.defisaver.com/features/smart-savings/use-case) # Overview of Morpho vaults Morpho vaults are an easy way to earn passive yield without having to actively manage your assets. When you deposit into a Morpho vault, your funds are automatically utilized within Morpho Blue's advanced strategies. Since the strategies vary, so do the vaults, their names, and their use-case. Logically, the main focus for all of these strategies is to maximize yield while managing risk. DeFi Saver supports the following vaults:
Gauntlet Prime Gauntlet’s Prime vaults focus on stability and low risk. They aim to give suppliers a steady, conservative yield while making sure the chances of losing funds stay extremely low, even during major market crashes. These vaults mostly supply to markets that: * Use very liquid, blue-chip assets (like ETH or stables) as collateral. * Have a strong price link between the asset being supplied and the collateral, which helps reduce volatility risk. Sometimes, they may include markets that don’t fully meet these standards, but when they do, they’ll be extra careful by setting lower limits and stricter safety settings to keep things secure. {% hint style="info" %} *Prime vaults target a lower risk level than their Core vaults.*\ \ *Gauntlet Prime vaults available on DeFi Saver include Prime-USDC, Prime-USDT and Prime-WETH* {% endhint %}
Gauntlet Core Gauntlet’s Core vaults aim to offer solid returns while carefully managing risk. They do this by spreading funds across both major and smaller markets, but always keeping limits on how much exposure they have to any single asset. When picking which assets to use, Gauntlet looks at a few key things:
* They manage how much the vault supplies compared to the whole market, so users can withdraw smoothly when they need to.
* They make sure there's enough trading activity and liquidity for assets to be sold quickly and safely, even during sudden market drops. {% hint style="info" %} *Core vaults target a higher risk level than their Prime vaults.* \ *Gauntlet Core vaults available on DeFi Saver include Core-USDC, Core-USDA and Core-WETH* {% endhint %}
Steakhouse Steakhouse vaults aim to optimize yields by lending against blue chip crypto and real world asset (RWA) collateral markets, depending on market condition. They are run by Carniceria Tropica**l** and are built with strong safety checks in place. They follow strict rules to reduce trust and protect depositors as much as possible. If the vault wants to add more exposure to a certain asset, it has to be approved by the community through its Aragon DAO. These vaults mainly focus on highly liquid, stable assets to keep price swings and volatility low. While they’re designed to be steady and reliable, no strategy is risk-free, so sudden market crashes or extreme events can still cause unexpected changes. For a deeper look at how Steakhouse handles risk, you can check out their [**"Counterparty Risk Framework for Crypto Assets."** ](https://docs.google.com/document/d/18ADHX_O2oQKjAfRLoLVbDUizKxWBA4w7g8KYsphj0N4/edit?usp=sharing) {% hint style="info" %} *Steakhouse vaults available on DeFi Saver include Steakhouse-PYUSD and Steakhouse-USDT* {% endhint %}
Flagship The Flagship vault is managed by B.Protocol and Block Analitica. It’s designed to give users solid, risk-adjusted returns by lending to markets backed by well-known, reliable collateral (like blue-chip assets and stablecoins). {% hint style="info" %} *Flagship vaults available on DeFi Saver include Flagship-USDT and Flagship-ETH* {% endhint %}
Re7 Labs The Re7 Vault, created by Re7 Labs, is built to earn better returns than regular staked ETH. It does this by lending WETH to a mix of markets that use Liquid Staking and Liquid Restaking Tokens (like wstETH, rsETH, etc.) as collateral. By spreading across these newer, yield-bearing assets, the vault aims to boost returns while staying diversified. {% hint style="info" %} *This vault currently earns Ether.Fi & Renzo points.*\ \ *The only Re7 Labs vault available on DeFi Saver is Re7-WETH* {% endhint %}
So, how do they all work?
* You deposit your assets (like ETH or stablecoins) into a vault. * The vault deploys them into lending markets using Morpho Blue, automatically rebalancing positions based on the strategy. * You earn a yield that reflects both lending interest and the vault’s strategic optimizations. * You can withdraw at any time (as long as there’s enough liquidity in the vault). *** ## Related Articles: * [Overview of Yearn](https://help.defisaver.com/features/smart-savings/overview-of-yearn) * [Overview of Maker DSR](https://help.defisaver.com/features/smart-savings/overview-of-maker-dsr) * [Smart Savings](https://help.defisaver.com/features/smart-savings) * [Use-case](https://help.defisaver.com/features/smart-savings/use-case) # Why is a smart wallet needed for using Smart Savings? In order for the instant moving of funds between protocols to be possible, Smart Savings requires using a smart contract wallet that is in control of your funds while you’re supplying them within the Smart Savings. Each user, or each account, to be more precise, is associated with its own smart contract wallet that no one else can control - and you can withdraw your funds from Smart Savings at any point in time. Overall, the experience is the same as when supplying directly to a singular protocol. More specifically, the smart contract wallet used by DeFi Saver is our version of MakerDAO’s DSProxy, an audited and battle tested smart contract wallet that they developed for their CDP system. In case you've ever created a smart wallet to manage your Compound or Aave positions means that you already have one associated with your account and DeFi Saver will use the exact same one. If not, you will be prompted to create one. *** ## Related Articles: * [Smart Wallets](https://help.defisaver.com/general/smart-wallets) * [Smart Savings](https://help.defisaver.com/features/smart-savings) * [Use-case](https://help.defisaver.com/features/smart-savings/use-case)
# How to start lending funds and earning interest using Smart Savings? In order to start lending (supplying) funds and earning interest using Smart Savings, simply open the Smart Savings dashboard and supply your funds to the protocol with the best interest rate.
If the interest rates change and supplying to a different protocol becomes more profitable, you can quickly move your funds to that option in a single transaction. --- [Next Page](/llms-full.txt/1)