Staying ahead in DeFi: An introduction to our Discover page

Staying ahead in DeFi: An introduction to our Discover page

We are proud to announce the launch of the DeFi Saver Discover page, a feature that allows you to have an overview of all available opportunities supported by DFS in one clear view, compare various markets, and stay up-to-date with the changing conditions in different protocols.

From our humble beginnings as CDP Saver in 2019, a platform catering only to MakerDAO users, DeFi Saver has grown exponentially. We started as an app for one protocol, with advanced automation options aimed at preventing liquidation and gradually, continuously grew from there. Today DeFi Saver is one of the largest lending protocol aggregators, with more than 10 protocols available (and counting).

Not too bad, right? But, we fear that many users still aren’t fully aware of what DeFi Saver has to offer, with numerous different available options and markets.

We’re here to solve that today, with the launch of our new Discover page

So, why do we need the Discover Page?

As DeFi continues to grow, protocols are continuing to provide new options and expand across different blockchain networks, constantly introducing a variety of new markets and investment possibilities. Throughout all of those advancements, we’ve been there, to integrate every major and promising protocol, provide features that helped users successfully execute their strategies, and aid our users throughout any setback they might be having.

Even so, up until now, if you wanted to borrow, leverage, discover optimal yield opportunities for BTC or ETH correlated assets and stablecoins, you would have to sift through all protocols and different dashboards individually, before weighing your options to make the best choice. 

And we get it. The process can be extremely time-consuming and tedious, so it would be awesome if all of the information you need for your position could be found in one place. 

That’s where the DFS Discover page comes in, to provide a clear and structured overview of all DeFi opportunities, not just in one app-but on one page. 

What DFS Discover page is and how it works

It’s a new feature, designed to simplify the overview of all the opportunities available within DeFi Saver. Be it finding best options for borrowing and leveraging, yield farming stablecoins or WBTC, ETH and ETH derivatives/LSTs, the Discover page is made to accommodate all users, regardless of expertise or strategy. 

To access it, simply open the DFS app and you'll see it towards the top of the sidebar. After loading it up, you will be presented with a layout of all available options, which you can filter out by protocols, collateral, debt tokens, and networks you are interested in.

It’s also worth noting that you don’t need to connect your wallet in order to access this at all.

DeFi Saver Discover dashboard

Goal-oriented use cases

Let’s try and wrap up all of the mentioned benefits into some use case scenarios, to help you decide how you can use this new feature to its fullest potential:

  1. Leveraging ETH exposure: If you want to long or short ETH, but you are not adamant about one exact stablecoin, you first need to research optimal conditions. With the Discover page, you can filter out ETH-related or BTC-related collateral, and stablecoin debt. Then you can compare supply rates for ETH and borrow rates for stables, analyze market stability (its size, TVL, and utilization percentages), check liquidation ratios, buffers, and maximum LTVs.
  2. Stablecoin Yield: If you have some stablecoins and want to put them to work, but with minimal risk, earning yield is definitely an option. You can filter out specific assets that interest you and compare supply and reward rates for each protocol and market.
  3. Position comparison: Of course, you can also use this feature if you already have an open position, but still want to explore what else is out there, for those exact assets.

All set? Go Discover your place in DeFi!

The process itself is no rocket science: you opt for the market offer that best suits your needs, and then (if your wallet is connected) you will be directed to the “Create” page.  It’s smooth sailing from there, as the process of creating the position itself is the same as it has been until now on DFS. 

So, if you’d like to have a clear overview of all available possibilities on DFS, and even add some of them into the mix, give Discover page a shot, and let us know what you think in our Discord server

See you there! 🛟