What's Better On Summer This Month? 🌷

Hello Frens,

It’s a new month with new adventures already and we are here to share the highlights with you…

Once again, automations are #BetterOnSummer with the addition of our latest automation feature - Auto Take Profit - providing you with the best way to automate your exit strategy for Aave and Spark vaults on Summer.fi.

You now also have the opportunity to capture profits and boost your exposure to sUSDe yield, while amplifying your earning Ethena Sats Rewards eligibility. See this thread for more info!

Don’t forget to check out the latest tutorials to find out more about why your favorite protocols are #BetterOnSummer!

Statistics

Remember we are also tracked on DeFiLlama and you can follow us to keep tabs and compare stats!

Maker is Better On Summer

Maker governance recently voted to make some executive changes. These include: Stability fee increases for various collateral assets, SparkLend DAI Borrow API increase, PSM adjustments and GSM pause delay. Refer to this post from Maker to learn more about these changes.

There’s also real good news too, the Dai Savings Rate (DSR) has increased to 15%. This is a no brainer to explore if you’re not sure what to do holding any idle DAI and looking for a simple, low-risk passive earn strategy to deposit into. Get setup and saving today!

Read more about the DSR.

Aave is Better On Summer

We introduced the Auto Take Profit automation so you can make the most out of the bull run, capturing small profits, taking advantage of market volatility and eliminating the change of missing the right times to sell. It’s also very simple to get started, all you need to do is set a specific price and LTV to start realising profits and the rest is history.

You can simply connect your wallet and open your Aave or Spark position OR migrate your position to Summer.fi in just 1x. It can also be used well in conjunction with Auto-Buy or Auto-Sell!

If you need help watch this quick video explainer to get setup, or read more about Auto Take Profit in this Blog Post.

TIP: You can also migrate your Aave v3 position to Summer.fi on any supported network now. Then make things easy and get setup with the best automations. You won’t find a DeFi experience thats not #BetterOnSummer!

Morpho is Better On Summer

You now have the opportunity to Multiply your ezETH exposure on the ezETH/WETH market on Morpho Blue. By depositing USDC, ETH, USDT or USDPY, you can now earn Morpho Rewards! Plus an added bonus for those using USDC, there’s also wstETH rewards, all enabled through Summer.fi.

Explore ezETH on Morpho Blue here.

We also announced our partnership with Steakhouse to enable support for Steakhouse Metamorpho Vaults on Summer.fi. You’ll also get exclusive 30 day insights to track your earnings, giving you unparalleled access to your asset performance! Read more about Metamorpho Vaults in the Blog Post.

Latest Community Updates

If by now you’re an Automations enthusiast like we are, follow up on the latest #BetterOnSummer Automation endeavours. If you’re not yet, you will be →

Contact Us:

If you have any questions regarding Summer.fi, contact us at [email protected] or via social media.

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*UK Users: not an invitation or inducement to deal in crypto. See Blog Post.