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DefiLens Features
DefiLens offers several key features to help you manage your DeFi investments more efficiently:
1. Automated Lending
What it does: DefiLens automatically moves your assets between different lending platforms to get the best interest rates.
How it helps: You earn more without constantly checking rates and moving funds yourself.
2. Position Migration
What it does: Moves your investment positions from one platform to another based on conditions you set.
How it helps: Your investments can automatically shift to better opportunities across different DeFi platforms.
3. Position Removal
What it does: Automatically closes or exits your investment positions when certain conditions are met.
How it helps: Protects your investments from losses or locks in profits without you having to watch the market constantly.
4. Condition-based Automations
DefiLens can trigger actions based on different types of conditions:
i. APY-based
What it does: Acts when interest rates (Annual Percentage Yield) change.
How it helps: Your funds can automatically move to higher-yielding options when better rates become available.
ii. Time-based
What it does: Performs actions at specific times or intervals you set.
How it helps: You can schedule regular investment actions without manual intervention.
iii. Price-based
What it does: Triggers actions when asset prices reach certain levels.
How it helps: Allows you to automatically buy low or sell high based on your strategy.
Each of these features works together to create a powerful, automated DeFi management system. You set the rules, and DefiLens handles the rest, helping you optimize your investments 24/7.
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