Defi Saver, a Popular Ethereum Defi Management App, Expands to Arbitrum and Optimism
press release

Defi Saver, a Popular Ethereum Defi Management App, Expands to Arbitrum and Optimism

THELOGICALINDIAN - DeFi Saver brings its applications signature appearance for the Aave v3 agreement to Optimism and Arbitrum arrangement users

DeFi Saver, one of the arch applications for creating, managing, and tracking DeFi positions on Ethereum, today appear the long-awaited barrage on two arch Layer 2 networks, Arbitrum and Optimism.

Lower Transaction Costs

Live back 2019 on the Ethereum mainnet, DeFi Saver has provided avant-garde DeFi asset administration appearance and continuously broadcast abutment for top DeFi protocols in an attack to accomplish circuitous DeFi interactions added aboveboard and attainable to the boilerplate user.

Expansion to Layer 2 networks brings decidedly lower transaction fees, article that’s become a growing affair for the Ethereum DeFi ecosystem. While the app initially went alive at a time back arrangement bottleneck on Ethereum wasn’t a thing, the accretion cardinal of users over the accomplished years has fabricated the app aloof for an accretion cardinal of people, article the team
is actual acquisitive to rectify.

Nenad, the co-founder of DeFi Saver, said:

“We’re captivated to go alive on two of the currently best accepted optimistic rollup networks on Ethereum, and we’re attractive advanced to accouterment our signature advantage administration and automatic defalcation aegis appearance in a abundant added attainable environment.”

With today’s release, DeFi Saver brings its application’s signature appearance for the Aave v3 agreement to Optimism and Arbitrum arrangement users. The avant-garde dashboard has accurate the Aave agreement back v1 on the Ethereum mainnet. Fans of Aave will be able to await on DeFi Saver signature Boost and Repay features, which acquiesce for one-transaction asset leveraging, now with essentially lower fees.

The Aave agreement is a non-custodial money bazaar agreement area users can accommodate or drop their assets, borrow adjoin their collateral, and actualize leveraged bazaar positions. The Aave V3 adaptation presents Aave’s best aggressive attack to break some of DeFi amplitude and the protocol’s affliction points. Bigger basic efficiency, bigger accident management, interchain interactions and gas optimizations in the ambience of Layer 2 amplification are some of the new version’s best cogent improvements.

DeFi Saver’s barrage on these networks is based on the aforementioned modular architectonics that the aggregation formed out on the mainnet in aboriginal 2024, with the absolution of the Recipe Creator. Users can apprehend the DeFi transaction architecture UI to arise on Layer 2 networks actual soon, too, as the cardinal of chip protocols there expands.

Users who haven’t confused any assets to Arbitrum or Optimism so far will additionally be admiring to acquisition a new Arch dashboard in the app. LI.FI, a arch and DEX (decentralized exchange) accession protocol, admiral the new bridging features, ensuring that all users get the best ante during any of their bridging activities. The aggregation is additionally attractive to accredit the bridging of accomplished positions in the advancing months, admitting there is currently no ETA for this feature.

Work is additionally already underway on accouterment automation appearance for DeFi on both Arbitrum and Optimism, best conspicuously automatic defalcation aegis for Aave v3 users. The abundantly bargain transaction fees on Layer 2 networks, however, acquiesce for experimenting with new options, too, so you can apprehend to see new automatic appearance such as absolute orders or automatic DCA strategies in the advancing months, too.

Moving forward, the aggregation affairs to accumulate accretion abutment on Layer 2 networks with added protocols, including both Layer 2 built-in ones, as able-bodied as commonly accurate protocols such as MakerDAO and Compound, as those become accessible on Layer 2 networks, too. Users can additionally apprehend to see a Layer 2-focused Smart Savings dashboard in the advancing months, accouterment aggregated and simplified admission to crop agriculture options.

As a reminder, Layer 2 networks aim to accede the aegis of Ethereum by architecture while accouterment added throughput and abundant lower transaction costs. Out of the two types of rollup networks currently in development, optimistic and zero-knowledge rollups, Arbitrum, and Optimism are the two arch EVM-equivalent optimistic rollup networks in agreement of action and TVL as of now.

DeFi Saver is an all-in-one dashboard for creating, managing, and tracking your DeFi positions with automated defalcation aegis and advantage administration options. So far, the application
has adored bags of users from defalcation and helped users handle over 100,000 affairs and over $6 billion in barter volume.