Strategies

Complete compound and complex transactions utilizing built-in transaction receipes

Strategies are built-in GUI transaction recipes. Users can utilize strategies to manage their holdings such as leverage their position, unwind and pay back debt or complete more complex functions.

Within any of the protocol tabs, you can find the Strategies button on the right-side panel.

Strategies

Strategies can be used to accomplish complex transactions on different DeFi protocols. Here is a list of functions available to Compound, Maker, AAVE V.1, AAVE V.2:

Leverage

The most used function on Instadapp; Leverage borrows against one asset, swaps and deposits that asset into the protocol.

Max Comp

On the Compound tab, Leverage is called 'Leverage / Max COMP.' When a user increases their exposure to Compound through something like leveraging; it also maximizes your allocation to COMP.

Save

The Save function takes existing collateral, trades it and pays down debt. You can use this function to unwind leveraged positions.

Deposit & Borrow

This function combines two functions; this will deposit an asset from the DSA into Compound and will borrow an asset

Payback & Withdraw

This function combines two functions in one; this will payback existing debt and withdraw collateral from Compound back to the DSA.

Debt Swap

This function swaps your debt from one collateral type into a different collateral type. This can be used to refinance within the same protocol, etc.

Collateral Swap

This function swaps your existing collateral and swaps it into a different collateral type. This can be used to swap collateral within the same protocol, etc.

Alternative Uses of Strategies

Instadapp strategies use a flash loan to accomplish its transaction routing and liquidity. You can use these functions to execute trades and swaps that are not 'quite' how the function is described above.

Example - Shorting BTC by shifting your USD debt into DAI

A user who has debt dominated in dollars, and believes that the BTC price would drop in dollar terms; could use a debt swap to swap their existing debt into BTC and perform a short.

Example - Take Profits by swapping Collateral

A user can use collateral swap to swap their crypto collateral into a stablecoin or other asset to lock in the gains. By using collateral swap in this way, those profits stay in the lending protocol.

Example - Leverage your position to acquire Assets you don't hold

A user can Leverage to borrow against your assets and acquire an asset you don't currently hold. This can also save some steps by depositing that new asset directly into the lending protocol and allows you to gain new assets within the lending protocol.