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Instadapp Actions Automates DeFi For Liquidation Protection

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Coinness reporter

Thu, 04 Feb 2021, 09:07 am UTC

Decentralized smart wallet protocol Instadapp is taking steps to automate a number of DeFi functions to safeguard against collateral liquidation due to market volatility.

In partnership with the Gelato Network, the DeFi management platform has launched a new service called Instadapp Actions. The new offering will enable users to access automated debt refinancing between various DeFi lending protocols to prevent costly collateral liquidations.

Coinness

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