What actually is DeFi Lending aggregator?

3 min readJun 23, 2021

Decentralized finance is spread out across blockchains like Ethereum and Binance Smart Chain. Within each blockchain is an ecosystem of siloed financial protocols. While these individual protocols offer great returns on lending your crypto, it takes away one of the appealing parts of DeFi, which is the ease of swapping, selling, and trading crypto at the best rates. With multiple protocols, the financial information is spread around and not easily accessed.
When you work with ADD.xyz, you don’t have to worry about your wallet. The platform automatically becomes your primary wallet, and is versatile enough to provide access to all crypto lending platforms at once. It also gives you the complete ownership and control of your tokens — including how and when your funds are to be lent and withdrawn.

Benefits of a DeFi Aggregator
An aggregator pulls the best prices from across the DeFi landscape — including DEXs, lending services, and liquidity pools — into one place, so that users can optimize their trades. Without using an aggregator, users would have to individually visit various exchanges, compare trading prices on each exchange to get the best deal, and then manually execute each transaction using smart contracts. Manually checking prices across exchanges for the best swaps does not allow for complex trading routes or mechanisms. This limitation is eliminated with aggregators. These systems do not only pull the best prices but allow users to compare and combine strategies by dragging and dropping blocks to create the best strategy.

Using Successful Strategies and Combos With an Aggregator
Unlike traditional investing, DeFi aggregators allow users to earn from more experienced traders by adopting their strategies. Inexperienced users can copy complex trades without having to code it themselves.
These strategies are not linked to a person, but rather are user generated for everyone to see and mimic. Instead of having to execute the strategy on multiple different DEXs, users can execute the strategy on an aggregator using no-code combos to build the trade.

How can a DeFi Aggregator boost your DeFi Strategy?
DeFi aggregators identify and share successful trading strategies with their users and allow them integrate the combos into their own DeFi trading strategy.
In addition to these successful strategies, all transactions and combinations are visible to users, creating a truly open, collaborative and transparent trading experience.
By collecting successful strategies and allowing traders to access them on a single platform, DeFi aggregators help their users save time. Users can action trades quicker to take advantage of the most favorable yields.
One of the most appealing benefits of a DeFi aggregator is the ability to connect users with lucrative services like flash loans without writing any code or customized smart contracts. A flash loan is an uncollateralized loan where a trader borrows, exchanges, and repays a debt in a single transaction using a smart contract. That is why you can earn money all on your own, without any prior knowledge or external help from people.

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