This Week: New BNB Strategies
Also: StakeDAO Inaugural Vote Campaign and a Crypto-OG Reunion in Dubai
New BNB Strategies
Vesper BUSD and BNB Grow Pools were recently deployed to beta on Binance Chain.
Originally, these pools were deployed with simple deposit strategies utilizing the Venus lending market. Over the coming weeks, as strategies return from audit, these pools will interface with a number of protocols through upcoming strategy deployments on:
- Stargate
- Alpaca
- Ellipsis
- DotDot
- Wombat
- Stader
We are confident in our ability to generate strong, consistent, risk-adjusted yield for DeFi participants within the Binance Chain ecosystem, and are excited to see these pools launch into full production.
StakeDAO
The first week of our two-week inaugural vote campaign with Stake DAO’s Vote Market has concluded, which saw our voting weight in the Frax gauge 2x from the week prior.
The ability to initiate campaigns over multiple weeks at once makes the Vote Market a good meeting ground for consistent FXS voters to see reward prospects without having to reset votes every time.
Check it out and vote here: https://votemarket.stakedao.org/
Dispatch from Dubai
Eagle-eyed community members noticed that Binance CEO Changpeng “CZ” Zhao posted a photo on Twitter this week with Vesper co-founders Jeff Garzik and Matthew Roszak during a recent trip.
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Vespernauts Michael and Zane contributed to this report. Edited by Phil Gomes.
