This Week: New Products Prepare for Beta, mStable Collaboration, and More
Also: Do DeFi Differently in any market with Vesper Earn
The “Build Market” Continues
Vesper continues to focus on building simple-to-use products that elevate what can be done in DeFi. Here are a few products coming soon to beta.
First off, get your DAI ready for two new ways to earn with Vesper Earn.
Deposit DAI, Earn PUNK
Deposit DAI, Earn SHIB
Join the SHIB Army by HODL’ing DAI. Simply deposit the stablecoin, and earn yield in SHIB.
Vesper Grow: Expanding onto Avalanche
Initial pools available on Avalanche will include Wrapped ETH (WETH), Wrapped Bitcoin (WBTC), AVAX, USDC, and DAI.
Vesper Orbit: New mStable Proposal
This pool will enable users to deposit MUSD and earn MUSD + VSP + MTA. MTA reward amounts are determined based on MTA voting, whereas VSP rewards are distributed per the recently enacted budget framework.
This is only a snapshot of what’s ahead for Vesper. Track progress on all Vesper projects through the Roadmap page.
Do DeFi Differently in Any Market
With Vesper Earn, you can steadily increase your exposure to leading DeFi projects and digital assets by simply depositing a stablecoin (e.g., DAI, currently). Earn pairs are currently available on Ethereum mainnet and Polygon.
In the basic scenario: As markets go down, your yield accumulates more crypto. Plus, with no withdrawal fee, your DAI stays the same.
We’ve been talking about this topic during the week and expect more details to come.
A few examples:
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