What is Smart Savings?
Smart Savings taps into the full potential of decentralized finance (DeFi) by combining high-yield opportunities with seamless cross-chain asset transfers. This integration allows users to easily move assets between multiple blockchains, optimizing liquidity and giving you greater flexibility in managing your portfolio. With this functionality, you can access diverse yield-generating opportunities across different ecosystems, maximizing the performance of your holdings.
Additionally, Smart Savings incorporates liquid staking, which boosts capital efficiency by allowing you to earn rewards on your staked assets while retaining the ability to access liquidity. This feature ensures you can keep your assets working for you without compromising growth or flexibility.
Key Features
Smart Savings is built to provide you with unparalleled flexibility and efficiency in managing your crypto assets. Let’s take a closer look at the standout features that make Smart Savings a game-changer for crypto investors like you.
Native Yield: Deposit your idle tokens into a Vault and automatically convert them into yield-generating assets through integrated DeFi staking. This omnichain feature gives you the flexibility to earn returns across multiple networks, making your assets work harder for you.
Instant Withdrawals: With Smart Savings, you can withdraw your funds instantly, putting you in complete control of your liquidity. Whether you need access for trading or reallocation, withdrawals to multiple chains are smooth and fast, ensuring you never miss an opportunity.
Chain-Agnostic Gas Payments: No need to manage separate balances for different chains. Smart Savings allows you to pay gas fees across Ethereum, BNB Chain, Polygon, and more from a single balance, making transactions simpler and less time-consuming.
Liquid Staking: By utilizing liquid staking, you can earn yield while still having the freedom to use your assets throughout the DeFi ecosystem. This feature enhances liquidity, allowing you to make the most of your capital without locking it up.
Getting Started With Smart Savings
Ready to dive into Smart Savings? Let’s walk you through the simple steps to get started, so you can unlock the full potential of your idle assets.
Depositing to Smart Savings
Visit https://app.galxe.com/ to access the Smart Savings portal right from the homepage.
Simply connect your wallet, choose your preferred network and token, and deposit your assets. Your tokens are automatically converted into liquid staking tokens (atUSD or atETH) on the Gravity chain, where they generate yield and grow in value over time as interest accumulates.
Withdrawing from Smart Savings
You can withdraw your balance instantly or, in cases of insufficient liquidity, opt for a T+7 withdrawal. Your withdrawal is directed to the selected target chain, and you'll pay gas fees through the chain-agnostic system. For large withdrawals, it may take up to 7 days to complete, and you can track progress via the portal.
For a more in-depth guide on how to kickstart your journey with Smart Savings, visit our Help Center article here.