Earn

Summer.fi Earn products are curated DeFi-products that easily put your deposits in a position to earn a yield.

Summer.fi Earn is a full self-custody solution for entering and exiting yield positions so you will always stay in control of your funds.

Increase the yield received from StETH

Upon opening a position, a flash loan for Dai is taken from Maker and deposited into the Aave Protocol. Then ETH is borrowed until it reaches the desired multiple level. Next, the loaned ETH as well as the user’s initial deposit is exchanged to StETH via 1Inch. The return comes first from the ETH staking yield provided by StETH. That yield is multiplied by increasing exposure to StETH by borrowing ETH.

Learn more about Aave V2 here. For the more efficient Aave V3 here.

Earn passive income with Dai Savings Rate (DSR)

The DSR is a special module in the MakerDAO smart contract system that allows DAI holders to receive a share of the revenue earned by MakerDAO. This share was recently voted to be set to 3.49% APY.

Learn more about it here.

Protocols available for Earn:

AAVEAjnaSky EcosystemSpark

Tutorials and Guides

Aave v2 stETH

Aave v3 stETH

Dai Savings Rate (DSR)