Delaware, USA, March 28th, 2024, Chainwire
DeFi Saver has integrated native support for Safe smart accounts and multisigs to improve the experience of DeFi users in the Ethereum ecosystem. This new integration will provide users with more efficient management options across various DeFi protocols such as Aave, Compound, Morpho Blue, Spark, CurveUSD, and Liquity. By leveraging the power of Safe smart accounts, users can now bundle multiple actions into a single transaction, simplifying processes like leveraging up, unwinding, collateral swaps, and more.
The addition of Safe multisigs also enhances security for DeFi users, as Safe multisigs are considered the security standard for asset ownership. This update ensures that all current and new DeFi Saver users can benefit from native multisig support moving forward.
Furthermore, the composability and portability offered by Safe mean that DeFi Saver users can seamlessly connect with other DeFi apps and vice versa, allowing for a more integrated and flexible user experience. Both teams involved in the integration emphasized the importance of open, permissionless building blocks to drive DeFi adoption.
Moving ahead, the integration aims to provide users with an improved DeFi experience through single transaction batching and sign-only modes for quicker and smoother transactions.
About DeFi Saver
DeFi Saver is a management application for decentralized finance protocols known for its advanced leverage management features and automated liquidation protection options. Starting as a MakerDAO-focused dapp, DeFi Saver has expanded its support to multiple protocols and Layer 2 networks, offering users access to various DeFi protocols across different networks.
About Safe
Safe, previously known as Gnosis Safe, is an onchain asset custody protocol securing over $100 billion in assets. It aims to establish a universal smart account standard for secure asset custody and ownership. Safe offers Safe{Wallet} and Safe{Core} infrastructure to provide secure custody solutions for digital assets, data, and identity in the web3 space.
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