Vesper Finance
Published in

Vesper Finance

This Week: Aggressive USDC Pool and New Earn Pairs Enter Beta, Revenue Split Goes Live

Also: Exclusive Twitter Spaces Event on Dec. 13 Starts a Very Big Week for Vesper

Now in Beta — vaUSDC, New Vesper Earn Pairs

Several new pools entered beta this week! The new pools include an aggressive USDC Grow pool, in addition to three Earn pairs — DAI to DPI, DAI to WBTC, and WBTC to DAI.

Check out the new beta pools in the VesperDev environment.

Revenue Split Implementation

Following the recently passed VIP, 40% of Vesper revenue generated through performance and withdrawal fees will now seed the treasury.

Vesper treasury funds are earmarked for operations, marketing, partnerships, and rewards replenishment (so that treasury may buy back their own rewards to distribute).

This upgrade provides a more sustainable runway to account for further protocol development, encourages integrations with third-party communities, and offers a pragmatic approach to VSP distributions longer-term.

Don’t Miss Out — Twitter Spaces on Dec. 13

Vesper Co-founders are hosting a Twitter Spaces from Vesper’s Twitter at 5 p.m. ET on Monday, Dec. 13. The conversation will discuss recent milestones, offer a look at what’s ahead for the next phase of Vesper, and give a sneak peek of several upcoming announcements. It’s not one to miss.

…and they’ll be joined by a handful of special guests!

Join the spaces at 5 p.m. ET on Monday.

See you there!

There’s Still Time to Vote — vaFRAX Gauge Proposal

Voting for Vesper’s proposal to add the Vesper Finance FRAX pool token (vaFRAX) as a supported FXS gauge on Frax Finance is open through Saturday, Dec. 11 at 5 p.m. PT.

This addition would allow users to deposit onto the Frax app, and, in addition to their base $FXS yield, receive boosted yield in $VSP and $FXS (the governance token for Frax Finance).

Check out the full proposal and cast your vote.

Hummingbot Finance Campaign

Hummingbot Finance, open-source software for building crypto trading bots, announced a new VSP liquidity mining campaign. Details below.

November Report Now Available

Vesper recently published a report for the month of November, which features Vesper stats, news highlights, project updates, and more!

Check out the full report.

And, Finally…

_________

Keep up with Vesper on:

#VesperFi

Did a (very good) friend forward this to you via email? Sign up to get this weekly update delivered to your inbox via vesper.finance.

Vespernauts Shazi_H, Errinvf, and Green Jeff contributed to this report. Edited by Phil Gomes.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store