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Live your life #BetterOnSummer with Automations 🎬
Managing a position and setting up a strategy can be difficult, whether you’re looking to reduce risks, automate profit decisions or take advantage of market moves. Oftentimes we might feel like we always miss opportunities or rush making decisions and worry it’ll become a full-time job. That’s exactly why Summer.fi Automated DeFi position management is there to help you…
We also introduced a few new Automation feature offerings in the last months, so let’s simplify them together and discover what could work best so your future self will thank you!
Protecting your Position
Tools like Auto-Sell, Stop-Loss, Trailing Stop-Loss allow you to automate your risk actions so you don’t have to worry about manually paying back debt and increasing your LTV when prices fade or closing your position when things get risky.
Automating Profits
Auto Take Profit allows you to set and forget your automated exit strategy to avoid messing up in any bull run chaos or leaving it to chance. You’ll set up Auto take profit at a specific price and LTV to start realizing profits, and then configure it to continue taking profits when a specific trigger LTV is hit.
Optimizing Opportunities
The Auto-Buy and Trailing Stop-Loss features allow you to set up the points at which to take on market opportunities or bargains for you, as the best times might be while you’re asleep.
You can find all the Automation features available to setup in the ‘Protection’ tab from your position homepage and learn more in depth in the Blog Post and on our Youtube.
The Automated DeFi position management tools that Summer.fi offers are the best in class, and we try to make the simple and intuitive to navigate. But if you need any support reach out to us on Discord and we will happily help you!
*UK users: not an invitation or inducement to deal in crypto. See Blog Post.