This Week: Universal Fee Structure Roll-Out Begins
Also: Vote for Vesper’s Proposal on Saddle Finance!
Out With the Old, In With the New (Fee Structure)
This new fee structure streams a 2% yearly fee from deposits out of the yield earned only — meaning that the principal is never touched.
Even better, it removes all withdrawal fees.
This fee model will ultimately be deployed across all pools. With numerous pools on Mainnet, the fee overhaul on Ethereum will take several weeks before it’s complete. This process is in motion now.
Incentivized Vesper Earn veFRAX Proposal
Vesper Earn enables users to deposit one asset, and earn yield in another.
And now you can learn how to get started with Earn pools in a few minutes!
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