DeFi Saver Introduces the Most Complete Compound III Experience

DeFi Saver, a team best known for their automated liquidation protection services for lending protocols they’ve been working on since 2019, announced the release of a full-fledged Compound v3 integration.

DeFi Saver has supported the Compound protocol since the early DeFi days, with a dedicated dashboard, an array of advanced features, and their unique, signature automated leverage management and liquidation protection options.

Compound v3 launched a month ago with a strong emphasis on simplicity. The latest upgrade of the famous protocol’s mechanics focused on security, capital efficiency, and user experience.

The primary difference in the protocols’ functionality lies in the decision to move away from the pooled-risk model, pioneered by Compound themselves, where users could borrow any asset, to a segregated base asset model, with each deployment of Compound III featuring a single borrowable asset.

The first edition of the latest version, deployed on the Ethereum mainnet, features USDC as the base asset and the only asset users can borrow against their collateral. Future deployments will feature other base assets, like DAI and ETH, along with support plans for L2 networks.

Among other changes introduced in difference to Compound v2, Compound governance has approved the re-allocat