Vesper LP Update

Merkle Claims for liquidity providers is now production-ready and LPers may start claiming rewards through Pure Finance. Below outlines the timeline and requirements.

Onsen participants began receiving VSP rewards on March 17th at 1pm Eastern, the same time that VSP rewards through GYSR expired. Users can now claim their first batch of rewards via pure.finance. The claim ID for this drop is 3.

Balances are polled continuously throughout the week and delivered weekly. Through this approach, Onsen participants can earn SUSHI and VSP simultaneously. LP rewards come from separate domains (Vesper and Onsen). As such, you can estimate your net APY by factoring in the individual APYs of SUSHI and VSP rewards.

This first week of claims was processed manually by the team. Please be sure to provide feedback for this inaugural batch on Discord and Telegram. This is a “beta” distribution, and as such, all feedback is greatly appreciated!

After the first week, the claims process will be automated and distributed each Wednesday. (Note that the exact time will be randomized each week to prevent gaming.)

Note that you can only earn VSP as a SushiSwap liquidity provider if you stake your LP tokens to Onsen. Uniswap rewards will continue to be administered via Geyser, and VSP rewards for 1inch and Loopring liquidity providers are distributed through those respective sites.

Make sure to stay in tune on Discord and Telegram in order to stay up-to-date on any future news regarding LP rewards and otherwise.