Vesper Finance
Published in

Vesper Finance

Vesper-on-Polygon Launches!

Supported assets include USDC, DAI, WETH, WBTC, in addition to a new MATIC pool.

Costly gas fees are a barrier to entry for many in DeFi. With an eye toward a multi-chain future, Vesper marked its first Layer-2 integration with the Polygon network — enabling users to deposit, withdraw and manage their Vesper-deployed funds via Polygon on the Vesper app!

Initial Vesper Grow pools supported on Polygon include MATIC, USDC, DAI, WETH, and WBTC.

Vesper’s strategies on Ethereum mainnet are also portable to EVM chains beyond Polygon. Yield opportunities are expanding to other chains, and with gas prices on Ethereum remaining high, Vesper aspires to create a cross-chain experience where users can manage assets on Polygon (or otherwise) and have deposits routed to Ethereum — or wherever the premium yield resides.

Polygon Grow pools will initially be incentivized with 1,000 VSP each for the first month. Further rewards after the first month are to-be-determined.

All Vesper-Polygon Grow Pools will be labeled Aggressive. As with all Grow pools, this includes a 0.6% withdrawal and 20% performance fee.

Users must have funds on Polygon in order to deposit to Vesper-Polygon. Please refer to Polygon documentation and community channels for further information or assistance.

With a successful Polygon deployment complete, Vesper is now planning to expand to additional EVM chains and Layer-2 networks (e.g., Avalanche, Arbitrum, or Fantom). You can follow this progress on the Vesper Roadmap page.

Which Layer-2 network would you like to see Vesper on next? Join the conversation on Discord’s #product-feedback channel to help shape Vesper’s multi-chain future.

Note: Users are responsible for their own funds when moving across networks.

Check it out at https://app.vesper.finance/polygon.

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Vesper Finance

Vesper Finance

Vesper is a platform for easy-to-use DeFi products. https://vesper.finance/