Summer.fi blog

How to mitigate risk with Summer.fi Superpowers

How to mitigate risk with Summer.fi Superpowers

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

Summer.fi Now Available on Arbitrum

Summer.fi Now Available on Arbitrum

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

DeFi Superpowers Glossary: The Trust

DeFi Superpowers Glossary: The Trust

“Wait … Isn’t the whole point of DeFi to ensure that you don’t have to trust intermediaries anymore?” Well, yes, but as there are no explicit intermediaries within DeFi, you need to make sure you know what to look out for to find out if a DeFi project is

Summer.fi Now Supports Spark Protocol

Summer.fi Now Supports Spark Protocol

Get your super sparkles out ✨. Spark protocol can now be entered through Summer.fi! Fully eligible for SPK token rewards on selected pairs. Open your Spark positions now on Summer.fi by filtering on Spark. We integrated Spark protocol support for various pairs of tokens, and more will be added

Unleash Your DeFi Superpowers with Summer.fi!

Unleash Your DeFi Superpowers with Summer.fi!

Welcome to the ultimate saga of crypto adventure! Imagine a world where the freedom to control your assets is not just a dream, but a superpower you can wield. With Summer.fi, we're turning that vision into reality. Why Does Summer.fi Give You the Chance to Become a Superhero?

Updated AJNA Token Rewards

Updated AJNA Token Rewards

Every Friday, a new cycle starts for your AJNA rewards. Total weekly rewards for this week are 1,000,000 AJNA per week, and are allocated in the following pools: These pools will have 60% distributed to lenders and 40% to borrowers. * RETH/DAI with 90,000 AJNA per week,

Potential Griefing Vector Identified on Ajna Protocol

Potential Griefing Vector Identified on Ajna Protocol

TLDR; All Ajna users should payback or close their Ajna Positions without delay. This is only related to AJNA protocol, Maker and AAVE users are NOT affected The Ajna Protocol team recently identified a way to grief a section of users of the protocol. Whilst we're uncertain how likely this

Ajna Rewards Weekly update

Ajna Rewards Weekly update

Every Friday, a new cycle starts for your AJNA rewards. Total weekly rewards for this week are 1,000,000 AJNA per week and are allocated in the following pools: These pools will have 60% distributed to lenders and 40% to borrowers. * RETH/DAI with 70,000 AJNA per week,

Summer.fi Referrals get a Sunny Upgrade

Summer.fi Referrals get a Sunny Upgrade

The Summer.Fi Referral scheme has had a big update: it’s now even easier (and cheaper!) to get your friends referred to Summer.fi to start earning, and up to 20x cheaper to claim your referral fees. So if you want to share the knowledge about the DeFi Superpowers

Ajna Rewards Update

Ajna Rewards Update

Every Friday, a new cycle starts for your AJNA rewards. Total weekly rewards for this week are 1,000,000 AJNA per week and are allocated in the following pools: These pools will have 60% distributed to lenders and 40% to borrowers. * RETH/DAI with 90,000 AJNA per week,

Move & Protect Your Aave v3 Borrow with Stop-Loss

Product Featured

Move & Protect Your Aave v3 Borrow with Stop-Loss

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

EDSR Adjustment, Multiple Stability Fee updates.

EDSR Adjustment, Multiple Stability Fee updates.

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

AJNA Unleashed: Welcome to the Lite UI

Product Featured

AJNA Unleashed: Welcome to the Lite UI

Until now, you can access Ajna pools on Summer.fi that we have selected and curated. With the release of Lite UI we are providing you with the full power of Ajna’s permissionless architecture. You can now search for any pool, but not only that, you can create your

Holding Your ETH vs Using Summer.fi

Holding Your ETH vs Using Summer.fi

The non-custodial wallet is one of the best parts about crypto. You can be the true owner of your assets and be in full control. With some non custodial wallets like Safe by Gnosis you can even have access to multi-signature non custodial wallets that make your assets that much

Hold DAI and Earn on Summer.fi

Hold DAI and Earn on Summer.fi

On August 4th, 2023, as part of the weekly Maker Governance Cycle, MKR holders voted for a DSR increase to 8%. Read about what DSR is in our recent blog post. What can you do now on Summer.fi? As you know, when you deposit your DAI into the DSR

Summer.fi Expands to Optimism

Summer.fi Expands to Optimism

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.

Oasis.app Rebrands To Summer.fi

Oasis.app Rebrands To Summer.fi

We are thrilled to announce a major transformation within our team at Oasis.app - a rebranding that ushers in a new era: Summer.fi! Our fresh identity reflects our growth from a frontend platform to a comprehensive multi-protocol DeFi ecosystem, offering you access to a diverse range of products.

How to use Auto Take-Profit effectively

How to use Auto Take-Profit effectively

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,

Trade Size Matters: Price Impacts on Ethereum, Optimism and Arbitrum

Trade Size Matters: Price Impacts on Ethereum, Optimism and Arbitrum

Most people think centralised exchanges have better liquidity than On chain venues; we put that theory to the test. The results might surprise you. Let’s dive in! Ethereum's mainnet may not be the best fit for you anymore. With Arbitrum and Optimism, you can trade at lower costs and

Bridge and Swap Your Favorite Tokens on Oasis.app: Introducing the LI.FI Swap Widget

Bridge and Swap Your Favorite Tokens on Oasis.app: Introducing the LI.FI Swap Widget

We are thrilled to share the exciting news of our latest integration—the LI.FI swap widget—now available on Oasis.app. With this powerful tool, you can effortlessly bridge and swap your favorite tokens, providing you with a seamless and user-friendly experience. Prepare yourself for the upcoming Oasis Multiply

Mastering the Layer 2 Landscape: A Guide to Ethereum Scaling Solutions, Challenges, and Risks

Mastering the Layer 2 Landscape: A Guide to Ethereum Scaling Solutions, Challenges, and Risks

Layer 2 (L2) scaling technologies are the hottest topic in Ethereum development right now. These solutions aim to improve blockchain networks' performance regarding transaction throughput, speed, and cost. They operate on top of the base layer (Ethereum Mainnet), enabling transactions and smart contract executions on a separate chain while leveraging

How To Choose The Right Position For You on Summer.fi

How To Choose The Right Position For You on Summer.fi

As mentioned in this post, putting your tokens to work can be a good choice rather than just holding them. Many options allow you to get the most out of your ETH, and Oasis.app can make your life easier! Your next question could be: how can I choose the

How to reduce risk effectively in your position.

How to reduce risk effectively in your position.

Effective risk management is essential for achieving success in any investment strategy. In this blog post, we'll dive into practical methods to minimize risk in your Oasis positions and showcase the versatility of our Dapp as a valuable resource to help you safeguard your investments. Borrow-lend protocols are integral to

Know Your Customer: Balancing Privacy and Security in DeFi

Know Your Customer: Balancing Privacy and Security in DeFi

In conventional finance, the user's identification is established, while transaction details remain confidential. However, in DeFi, the user's identity is unidentified, and transaction records are accessible to the public. The DeFi KYC concept endeavors to combine Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations with DeFi's concepts of user

Legal Bi-Weekly Update

Legal Bi-Weekly Update

Friday 14th April • The US Treasury looked at DeFi and illicit activity in a 42-page report, identifying gaps for anti-money laundering (AML) rules. “DeFi service that functions as a financial institution as defined by the [Bank Secrecy Act], regardless of whether the service is centralized of decentralized, will be required