How To Reduce Costs

The Dynamic Investment Adjustment feature allows you to seamlessly transition from your Current Portfolio to the AI-recommended Recommend Portfolio. However, this process involves certain costs: Gas Fee, Protocol Fee, Price Impact, and Platform Fee. Below, we outline strategies to minimize these costs to optimize your investment experience.

Reducing Gas Fees

Gas fees are influenced by the blockchain network you use and its current congestion level. To minimize Gas Fees:

  • Switch to Lower-Cost Networks: If Ethereum’s Gas Fees are too high, you can opt to invest only on other supported networks (e.g., Base). To do this:

    • Go to the Network Dropdown Selector at the top of the Current Portfolio section.

    • Deselect Ethereum to exclude it from your investment options.

  • Wait for Lower Gas Prices: If you prefer to invest on Ethereum, monitor the network’s Gas Price and perform operations when fees are lower (e.g., during off-peak hours). You can check real-time Gas Prices using tools like Etherscan Gas Tracker.

Reducing Protocol Fees

Some DeFi protocols, such as Pendle, charge fees for actions like withdrawals or deposits. To minimize Protocol Fees:

  • Select Protocols Without Fees: If you want to avoid protocols with fees, you can exclude specific DeFi protocols from your investment options.

    • Navigate to the Protocol Dropdown Selector at the top of the Current Portfolio section.

    • Deselect protocols like Pendle that may impose fees.

Reducing Price Impact

Price Impact occurs during withdrawals, deposits, or token exchanges, particularly in protocols like Pendle that rely on liquidity pools. To minimize Price Impact:

  • Avoid High-Impact Protocols: Protocols like Pendle may involve liquidity pools with lower liquidity, leading to higher Price Impact. To reduce this:

    • Use the Protocol Dropdown Selector at the top of the Current Portfolio section.

    • Deselect protocols like Pendle to exclude them from your portfolio adjustments.

Reducing Platform Fees

AutoStaking charges a small Platform Fee for certain services, such as token exchanges or withdrawals. To minimize Platform Fees:

  • By opting for a paid subscription, you can eliminate or significantly reduce Platform Fees.

Last updated