Understanding that crypto assets can be unpredictable, we are thrilled to unveil the new Stop-Loss Protection feature for your Spark positions on Summer.fi. You can now set your position to close automatically if the Loan to Value (LTV) reaches the trigger you've selected. This ensures your position stays shielded
Good morning, Summer enthusiasts! Just as Ethereum continues to evolve, so does Summer.fi. With our L2 support, your transactions become remarkably faster and more cost-effective! Imagine your wallet wearing a Jetpack; this is using Summer.fi on L2s feels 🚀 Scaling New Heights with L2s and Multiply L2s have become
Become the ultimate DeFi super-hero with the Stop-Loss Shield and the Auto-Sell Orb What are the risks when investing in Defi, and how can Summer.fi help? The benefits of Defi are numerous; it offers open access, interoperability, transparency, and self-custody and can undoubtedly offer financial gains. However, it’s
Good news, Summer Enthusiasts! We're extremely happy to share that Summer.fi has landed on Arbitrum, giving Ethereum a fabulous scalability boost. And guess what we kicked off with? A splendid dive into the realms of Aave and Multiply. Go long and short in the cheapest ways possible, whilst remaining
Introduction Summer.Fi expands its Borrow product with Aave v3, offering to deposit collateral and draw debt whilst protecting your position with Summer.fi’s Stop Loss. When using Aave for borrowing, now is the best moment to start using Summer.fi to optimize your borrowing strategies. What does this
On August 18th, 2023, MKR holders voted for significant parameter changes as part of the weekly Maker Governance Cycle; you can see the entire proposal here. These changes are available for execution from August 20th. DSR Adjustment * Reduce the DSR by 3% from 8% to 5%. Stability Fee Updates * Increase
Today we are very happy to expand our product offerings on Optimism. This was needed to provide enhanced functionality, reduced transaction costs, and improved speed and ease of use. You can now take advantage of all the buying opportunities you want on Summer.fi with 42x cheaper transactions on Multiply.
Welcome to our blog; this time, we embark on an exciting journey to discover the remarkable potential of automated take-profit for your vault. In the fast-paced decentralized finance (DeFi) world, finding ways to optimize your returns and manage risks can feel like navigating a complex maze. However, with automated take-profit,