Why do I need a Smart wallet for Liquity?

A Smart Wallet is a DSProxy smart contract wallet that is created, owned, and accessible by you and only you. This contract allows for complex, multi-step interactions to be executed in a single transaction.

That means it is essential for our signature advanced management features - Boost & Repay. It can also be used to potentially allow other services to execute transactions on your behalf, which is the case with our flagship Automation feature.

Read more about Smart Wallets in the General segment of the Knowledge base here - Smart Wallets