The team's key concentration has become on MakerDAO. a person exclusive characteristic of Maker's System is the fact there exists a minimum amount collateralization ratio — In case your positions collateralization ratio drops down below it due to price drops (in ETH or BAT), your collateral will get liquidated and used to fork out again the debt developed while in the protocol.
We’re really glad to share that the new architecture has also been well prepared with impending L2 network launches in mind and it'll allow us to immediately launch DeFi Saver on Optimism, Arbitrum or zkSync two as soon as they start publicly.
nowadays we are thrilled to share that we're expanding to L2s and as of now You may use DeFi Saver on Arbitrum and Optimism. Check it out now at or Read more For additional information.
As often, security is really a important concern within our improvement procedure and particularly so In terms of all automation possibilities, which are meant to function a trustless get more info and non-custodial solution towards comfort in decentralised finance.
We hope you are going to take pleasure in ETH Saver up to we've savored creating a new DeFi application and we are also hoping to hear feedback and feedback from you in the DFS discord.
A while in the past, the Genesis staff produced this prepare outlining some attributes to count on with Aave V2, earning finance a more seamless experience…
along with the Recipe Creator, we’re also introducing a fresh Simulation. It permits any individual to experiment with possibly the new Recipe Creator or any other part of the application without needing to purchase any charges or invest any money in the least.
there isn't any service fees to buy the simulation mode, in addition it's got no expiry. Just bear in mind that the costs and stats is going to be outdated as these are generally frozen Initially in the simulation.
This performance successfully provides end users with automated liquidation safety, along with automated leverage maximize, due to the fact MakerDAO is commonly applied as a method to leverage ETH.
creating leveraged positions to prolonged or small supported belongings in almost any of the built-in protocols (with optional automated leverage administration and liquidation security obtainable)
perform is additionally underway for automatic tactics on L2s, where we strategy to offer equally our trademark liquidation defense choices, in addition to some selections which happen to be built much more possible by tremendously lowered tx expenses, including automatic DCA tactics and custom made Uni v3 rebalancing.
following a memorable version very last yr, the EthGlobal staff is back by using a 2nd version of EthOnline as well as HackMoney hackathon! Aave is…
As you almost certainly found during the screenshot of The brand new interface, it contains teasers of some strategies that are coming soon, like cease loss
The showcase characteristic of the chances of the new architecture has been our Recipe Creator, an interface that allows any individual to produce numerous combos of various interactions with various DeFi protocols.