Clearly for those with small investment balances, transaction costs are certainly a big challenge. For example, last night with gas costs for a slow transaction at 120, I tried to deposit in Curve but estimated cost was $250, and tried to use zapper.fi to put USDC into a yearn vault but estimated cost was around $340. I’m posting this in the hope of learning some techniques that others use to minimize transaction costs when making defi investments. To start the discussion, my personal techniques are:
Make transactions on weekends, especially Friday and Saturday evening/night when gas costs seem lowest where I live (central United States)
Try to make fewer, larger transactions, although in the interest of reducing risk via diversification in investments, this can be challenging
Make sure that if I deposit money somewhere, I plan on having it stay there for a while
Use aggregators like Yearn to improve return since the transaction costs as an individual of frequent harvesting of rewards are steep
What other techniques or ideas do people have to allow those with smaller amounts to invest to still participate in the defi space with gas prices being so high?