DeFi Analytics

DeFiSaver – The DeFi Dashboard developed by Decenter

Pinterest LinkedIn Tumblr
DeFiSaver Preview

The number of DeFi projects is growing day by day, making it essential to have DeFi dashboards for their management. There are currently several DeFi dashboards that do their job brilliantly and one of them is called DeFi Saver (formerly CDP Saver). Surely many of you already know it and have been using it for several months, but for those of you who haven’t heard about it, this will be a cool novelty that will make your life easier.

DeFi Saver, as one can guess from the name of the project, is a dashboard that allows managing different DeFi protocols and applications built on Ethereum. All this in one place, operating both from desktop devices and latest generation smartphones. All you have to do is connect your Ethereum wallet and start taking advantage of all the options provided by DeFi Saver. At the time of writing, the website is compatible with all major wallets (including hardware and mobile) out there: MetaMask (recommended), Trezor, Ledger, imToken, Status, Coinbase Wallet, Fortmatic, TrustWallet, Opera and WalletConnect.

The protocols that can be managed through DeFi Saver are the common ones of course, like: Maker, Compound, Aave and dYdX. The website also uses the major exchanges in circulation to provide ETH and DAI liquidity to its users. In this case we are talking about Kyber Network, Uniswap, Oasis and 0x. There are different features available and we will now list some of them.

The main features of DeFi Saver:

  1. Boost & Repay: When using this feature a quick transaction will be enough to increase your position in the Maker Vault or to reduce the Dai debt. 
  2. Automate CDP ratio management: Another great option that will allow you to protect against automatic liquidations or leverage increases due to sudden price changes.
  3. Earn Conveniently: In this case the DeFi Saver software will help you to always get the best interest rates by searching for compatible DeFi protocols, thus saving you valuable time.
  4. Interact Between Compound & Maker: The last but not least feature is to allow interaction between the two largest DeFi protocols in the world in terms of locked funds: Compound and Maker. You can either add DAI to Compound from CDP or repay CDP debts from Compound. All in one transaction!

It has to be said that the Decenter team really did a respectable job with DeFi Saver and the decision to switch from CDP Saver to a larger, multi-protocol compatible project was definitely the right one. The DeFi industry is seeing exponential growth and projects like DeFi Saver will gain a lot of market share if they continue to upgrade over time. It seems that the website already has a precise business model, thanks to the small fees involved in the various transactions. So, is it one of the few web3 models that have found the right way to finance themselves? (we recall that the project did not have an ICO like many others).

The team is continuously working on the development of DeFi Saver and has recently introduced a great new feature, the CDP closure in 1 transaction thanks to the flash loans offered by Aave. To understand how to do this just follow the following link to Medium (the official guide written by the team).

The team

DeFi Saver Team

DeFi Saver is a product of Decenter, a company located in the Balkans. Typically Crypto and DeFi projects come from Asia, Switzerland or USA, but in this case we are talking about Serbia, precisely Belgrade (a beautiful city to visit above all). The Founder and CEO of Decenter is Andrej Cvoro, while the other members of the team are: Nikola Jankovic (Content & Community), Vukasin Stancevic (UI/UX), Aleksandar Cakalic (Frontend), Aleksa Stankovic (Software Engineer), Nikola Vukovic (Software Engineer), Nenad Palinkasevic (Project Owner) and Nikola Klipa (Software Engineer).

DeFi Saver is not the first project in the industry for these young guys, as they have created many other similar products like: Holo Wallets, DeFi Explore, Smart Contract Audits, Cryptographics, Etherships, Cryptage, Nectar Community, Extend, Smart Hackathon and Melon Mail. They’ve worked a lot with blockchain and especially with the Ethereum network. We can immediately understand that their expertise is very high and therefore the quality is guaranteed!

Going back to DeFi Saver, if you want to know more and maybe follow the official project, visit their Medium blog. For technical issues there is also Discord or GitHub. While for all the news follow their Twitter account. 

Website | Telegram | Twitter

Write A Comment

Chainlink (LINK) $ 20.60
yearn-finance (YFI) $ 24,808.00
Aave [OLD] (LEND) $ 2.07
Uniswap (UNI) $ 17.33
Synthetix Network Token (SNX) $ 6.35
UMA (UMA) $ 10.84
Compound (COMP) $ 221.38
Maker (MKR) $ 2,626.53
Wrapped NXM (WNXM) $ 65.27
0x (ZRX) $ 0.897482
Loopring (LRC) $ 2.20
REN (REN) $ 0.746513
Kyber Network Crystal Legacy (KNCL) $ 1.45
Numeraire (NMR) $ 37.64
Band Protocol (BAND) $ 6.20
Terra (LUNA) $ 68.00
yfii-finance (YFII) $ 2,829.82
Sushi (SUSHI) $ 5.92
Balancer (BAL) $ 16.50
THORChain (RUNE) $ 8.67
Reserve Rights Token (RSR) $ 0.037608
Ampleforth (AMPL) $ 0.925412
Nest Protocol (NEST) $ 0.007994
Serum (SRM) $ 4.33
Keep Network (KEEP) $ 0.744702
Augur (REP) $ 17.55
Curve DAO Token (CRV) $ 3.80
Kava (KAVA) $ 4.04
Bancor Network Token (BNT) $ 3.50
JUST (JST) $ 0.062828
Gnosis (GNO) $ 411.51
ForTube (FOR) $ 0.070151
Cream (CREAM) $ 29.29
Enzyme (MLN) $ 91.19
Tellor (TRB) $ 38.91
Akropolis (AKRO) $ 0.025927
IDEX (IDEX) $ 0.278038
Nectar (NEC) $ 0.115536
bZx Protocol (BZRX) $ 0.284156
AirSwap (AST) $ 0.336710
Switcheo (SWTH) $ 0.010861
Orion Protocol (ORN) $ 6.65
dForce Token (DF) $ 0.156668
mStable Governance Token: Meta (MTA) $ 1.05
pNetwork (PNT) $ 1.03