Vesper Finance
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Vesper Finance

This Week: Vesper Orbit Launches, Select Fees Waived for Black Friday, and More

Also: Congratulations to “Earn It” competition winners!

Now Live — Vesper Orbit Pools

Vesper Orbit is a new application that gives DeFi participants the ability to access aggressive yield from exciting, emerging tokens through Vesper’s battle-tested yield strategies. Users can now deposit and start earning via Vesper Orbit’s official web app at orbit.vesper.finance.

The first Vesper Orbit pools support the stablecoins for Frax Protocol (FRAX), Fei Protocol (FEI), and Alchemix (AlUSD), plus the DeFi Pulse Index (DPI) token.

Vesper Orbit pools will carry 0.6% withdrawal and 20% platform fees that follow the same revenue model as aggressive pools (platform fee waived for Black Friday weekend).

The first batch of Orbit pools are boosted with 1,250 VSP each. Additional VSP will be allocated based on contributions from represented token communities and pool performance.

In addition, we’ve got a lot planned with the folks from IndexCoop, the creators of the DeFi Pulse Index (DPI). Stay tuned.

See the full Orbit announcement for more details.

Jeff Garzik on Twitter Spaces

Following the launch of Vesper Orbit, Co-founder Jeff Garzik hosted a Twitter Spaces to share more about the project, as well as his perspective on the current trends and future of DeFi.

A recording of the session is available if you hit this tweet via the Twitter app:

Black Friday Weekend, Vesper Style

The 20% platform fee on Aggressive and Orbit Grow Pools is waived for Black Friday weekend!

The Votes Are In — “Earn It” Competition

The Vesper Earn global video competition has officially wrapped!

The competition asked participants from around the world to answer the question:

“How do you see Vesper Earn being used in your country?”

Vesper received entries from across the globe, from countries including Vietnam, India, and Denmark, to name a few.

Vespernauts took to Discord to vote on the first and second place winners.

Cue drumroll…

First Place — Vespernaut Amalie from Denmark:

Second Place — Vespernaut Hoang Bui from Vietnam:

Both winners will receive 100 VSP each. Congrats again!

And Finally, Thank You

Thankful every day for our Vespernaut community members.

_________

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 and Errinvf contributed to this report. Edited by Phil Gomes.

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Vesper is a platform for easy-to-use DeFi products.

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Vesper Finance

Vesper Finance

Vesper is a platform for easy-to-use DeFi products.

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