FAQ

chevron-rightWhen & why should I create sub-accounts?hashtag

Sub-accounts are useful if you want to manage positions separately. Key benefits include:

  • Risk Segregation: Sub-accounts help you isolate different strategies or assets, minimizing cross-position risk.

  • Multiple Strategies: Manage multiple strategies or assets simultaneously, with more control and flexibility for each position.

  • Clear Tracking: Easily track performance and manage risk independently for each sub-account.

Additionally, sub-accounts support all EIP-4337 features, such as batch transactions and gas-free operations, offering an enhanced UX.

With sub-accounts, you also gain access to position automation, allowing you to maintain a fixed debt ratio and prevent liquidations.

chevron-rightIs smart account safe to use?hashtag

Extrafi Xlend employs cutting-edge smart account solutions - Coinbase Smart Wallet - as its smart account layer. These battle-tested solutions are widely adopted in the industry. By integrating it at the product level (instead of the smart contract level), Xlend also minimizes the introduction of additional risks.

chevron-rightHow many sub-accounts can create?hashtag

To prevent misuse, the Xlend dApp currently allows up to 5 accounts per wallet (EOA).

chevron-rightCan I easily track all sub-accounts to avoid forgetting?hashtag

Yes, you can simply track your connected wallet (EOA) on DeBank, and all associated assets will be displayed.

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