COMING SOON: An easier way to open an insured, high-interest savings account—without a bank! Built with @ethereum, @makerDAO, @compoundfinance, and @opyn_.
Joined February 2020
- Tweets 156
- Following 9
- Followers 966
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INTRODUCING: Rewards Farmer, from the @saveDAI team
medium.com/savedai/introduci…
What is Rewards Farmer, and why does it exist?
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saveDAI retweeted
10 Mar 2022
10. saveDAI
@save_dai is building a public good solution that will make DeFi safer and more accessible
saveDAI makes it easy to wrap any interest-bearing token with any corresponding insurance token, enabling holders to generate yield while protecting their underlying assets
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saveDAI retweeted
20 Jun 2021
@metagov_project @thegeoweb @NiftyInk @polats @goodghosting @AstralProtocol @upsidecomp @wighawag @itsmarmaj @UmbraCash @grassEcon @tokengineering @Givethio @EthCatHerders @metagammadelta @save_dai
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This is why we're building @save_dai. People looking for a modest interest rate on their savings need insurance (like FDIC insurance in the US). That's possible today, but there's a lot of friction
Our goal is to make it easy peasy:
Step 1: deposit into @save_dai
Step 2: done!
Yearn DAI v1 vault got exploited, the attacker got away with $2.8m, the vault lost $11m. Deposits into strategies disabled for v1 DAI, TUSD, USDC, USDT vaults while we investigate.
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The original version of saveDAI (not yet available) focuses on just @compoundfinance DAI deposits covered by @opyn_ protective puts, but as market conditions change we've expanded our vision to support more combinations of interest-bearing assets and insurance coverage
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One of the combinations we're looking into is @CoverProtocol insurance on @iearnfinance stablecoin vaults like yDAI.
We wish saveDAI were already live - if it were, more people's savings may have been recovered 😢
Back to building
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Calling all #DeFi BUIDLers 👩💻🧑💻 — we wanted to share some ideas for what you can build with Opyn v2!
If you’re interested in building, get in touch! We’d love to chat.
medium.com/opyn/buidling-wit…
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Congrats to the @opyn_ team on launching v2!
We're excited to dig in and see how v2 otokens can work with @save_dai
🍄 It's the moment we've all been waiting for... Opyn V2 is live on mainnet!
Head over to opyn.co to try it out
Check out Opyn v2 new features, security & audit details, and more in the latest blog post: medium.com/opyn/opyn-v2-is-l…
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At first blush, it seems like European options may not be as good a fit for savings account (FDIC-style) insurance. Since the option can only be exercised on expiry, the amount you could receive may be less certain. But maybe that's not quite right...will need to dig in further
saveDAI retweeted
22 Nov 2020
88mph (floating rate bonds) and Hegic (fixed rate options) are great examples of traditonal security assets being replaced by smart contracts
in the future there will be no securities, just financial contracts and their utility tokens
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saveDAI retweeted
20 Nov 2020
maker friends over at @save_dai are looking for feedback on their project! chance to get 50 DAI as a reward😎
Howdy - we are doing another round of user interviews, and this time qualifying participants will get 50 DAI as a thank you!
Fill out this quick survey, and if you qualify we'll reach out to you to schedule a session👇
forms.gle/3W3VvKTTq4WzzVoC6
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Howdy - we are doing another round of user interviews, and this time qualifying participants will get 50 DAI as a thank you!
Fill out this quick survey, and if you qualify we'll reach out to you to schedule a session👇
forms.gle/3W3VvKTTq4WzzVoC6
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saveDAI retweeted
28 Oct 2020
.@theonlykseniya and @dougiebuckets (and their friend/collaborator @spengrah) were recently awarded a grant from @MakerDAO to continue building out their open-source @save_dai project! hubs.la/H0ySfXg0 by @spengrah
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We are honored and thrilled to announce that saveDAI has received a grant from the @makerDAO Community Development program! 🎉 🎉 🎉
medium.com/savedai/savedai-p…
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