(BUSINESS WIRE) - Vesper Finance, a leading DeFi ecosystem and growth engine for crypto assets, today announced the availability of new Vesper Grow Pools for Uniswap (UNI) and Tether (USDT) tokens after a successful beta period. Vesper built and deployed both as a result of the community vote to whitelist UNI and USDT in May 2021.
The Vesper Grow family of pools provides an easy-to-use, set-and-forget way for depositors to earn income on their cryptocurrency holdings. Vesper users can now access these pools for UNI and USDT on Vesper's web app, providing increased choice for depositors looking to participate in Vesper's yield strategies.
These new pools are designated “conservative” because they follow a high collateral ratio and interface with other well-tested protocols such as MakerDAO, Av and Compound to add stability and reduce risk. In addition to UNI and USDT, the conservative pool also includes Ethereum (ETH), Wrapped Bitcoin (WBTC), USD Coin (USDC), Chainlink (LINK), DAI and Vesper (VSP). Last month, Vesper launched an aggressive DAI pool in beta and aggressive UNI and USDT pools are expected in future releases.
UNI and USDT depositors participating in the pool's beta period will automatically see their balances on the main Vesper app as of today's announcement. In addition to the yield generated, each pool will receive 5,000 in VSP rewards per week, pending upgrade to the revenue/treasury model currently under community review and discussion.
About Vesper Finance
Vesper Finance is a DeFi ecosystem and growth engine for crypto assets, providing a suite of yield-generating products focused on accessibility, customization and longevity. Vesper is dedicated to creating and supporting the conditions for the expansion and success of DeFi for the benefit of all participants. Learn more about Vesper at www.vesper.finance and follow her on Medium, Twitter, Telegram and Discord.
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Contact
Media ContactShazia HasanVesper FinanceMedia+vesper@bloq.com