Instadapp Lite — the best app for earning income from your assets. Instadapp Lite uses the Instadapp DeFi smart layer to create DeFi Yield earning strategies, allowing anyone to access better earnings like Degen Defi Master.
About Instadapp Lite
The project maximizes your profits by reducing the number of transactions, saving gas and automating payment collection, as well as simplifying the overall process of setting up and actively monitoring a DeFi strategy.
Instadapp Lite uses strategy repositories to generate income from your assets. A strategy store - a smart contract that contains the specific DeFi strategy that the store uses. What makes Vaults unique is the ability for users to deposit to a pre-set strategy without having to create or generate parameters.
Other features:
| 1 | When you make a deposit to Insta dapp Lite vaults, your account will be credited with an Insta strategy token. This token represents your share of Lite storage. |
| 2 | This token is similar to tokens from AAVE or cTokens from Compounds, Insta Strategy tokens can be transferred and exchanged like any other tokens. |
Insta dapp vaults actively manage assets to generate these returns, vault contracts hold around 10% of assets, ready to be withdrawn at a moment's notice. If withdrawal availability decreases, contracts will be rebalanced to allow for more withdrawals. Also, storages will be periodically rebalanced under certain conditions. Such as moving more funds to the withdrawal pool, changes in market conditions or if they are carried out by the Instadapp team or through an open incentive mechanism.
More about defi app
Insta dapp Lite offers returns on assets other than ETH. This yield is also generated from staking rewards through Ethereum. For non-ETH assets, the vault generates ETH debt to collateralize stETH to earn interest. Insta dapp Lite vaults can deleverage by shifting debt between vaults. If one vault becomes risky, it can pay off another vault's ETH debt and accept stETH collateral without loss. Repositories can be deleted via the automation server. This kind of automation will have minimal losses, associated with trading slippage. These losses will be recovered within a day.