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DeFi Saver
@defisaver
DeFi Saver is now powered by @safe. Starting today, Safes are natively supported and will be the default smart wallet for new users, introducing greater compatibility, enhanced security and improved UX. Read on for more details or check it out now at http://defisaver.com. https://youtu.be/c854bs17CMI
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DeFi Saver
@defisaver
Safe is the most popular smart wallet in the Ethereum ecosystem. With over 7.6m Safes deployed across mainnet, L2s and other EVM networks and over $120B worth of assets secured on Safes, it's undoubtedly the industry leader.
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DeFi Saver
@defisaver
Safe is open and permissionless to build on. This was a key aspect in our decision to use Safes moving forward. We believe that composability is one of the main benefits of DeFi and want to build in a space that allows it. As Vitalik put it recently: "Build tools, not empires."
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DeFi Saver
@defisaver
Safe is compatible with many DeFi apps and frontends. What this means for users moving forward is that they'll be able to check and manage positions created at DeFi Saver in a number of different frontends. The lock-in effect was never intended and we're glad to eliminate it.
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DeFi Saver
@defisaver
Safe is also the most battle-tested multisig wallet. Starting today, you can enjoy native support for Safe multisigs at DeFi Saver, where you can both initiate new transactions, as well as sign and execute *any* initiated Safe multisig transactions.
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DeFi Saver
@defisaver
DeFi Safer. Besides the enhanced security of multisigs and battle-testedness of Safe, all smart contract changes on our end have been audited by our long-term security partners Dedaub. Additionally, we have increased our highest level bug bounty (on Immunefi) to $350k.
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DeFi Saver
@defisaver
So what does this all mean for DFS users? - New users will have a Safe deployed and used as their smart wallet. - Existing users can just continue using the app as we don't plan to remove DSProxies support. We'll roll out options to move positions from DSProxies to Safes soon.
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