Another roller coaster day in crypto markets with >$1B liquidated over the past 24 hours.
DFS Automation proved its worth once again, protecting over $200m in over 1200 positions in Aave, Compound, Spark, Maker, Fluid & other protocols.
🤖Quick Automation stats check for the last 24h:
- 1800+ automated transactions executed
- 1480 of those for positions on @arbitrum🤯
- over $40m in swap volume (e.g. Boosts & Repays) handled
💡Recommendations for staying safe in these market conditions:
- Maintain a healthy position ratio and avoid maximum leverage—this gives you crucial breathing room when markets turn;
- Enable notifications (available in each protocol dashboard) for your position, so you're instantly aware of any health drops;
- Set up Automation for your position to have peace of mind during unexpected crashes;
- Or, if you prefer a fully manual approach, know that you can always use Repay to partially unwind your position or use our Loan Shifter to move to a protocol with a higher LTV.
Stay safe out there through these rocky times.🙏
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