Difference between revisions of "Vesper (VSP)"

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Latest revision as of 09:02, 23 January 2022

Basics

"Bloq is launching Vesper, a decentralized protocol for users to gain passive interest on their crypto. The innovation relative to other yield bouncers, is that users can pick a risk level and the protocol will invest in different strategies accordingly. It both competes with, and uses Yearn Finance."

History

Audits & Explouts

Bugs/Exploits

"On November 3, 2021, Vesper Finance lost $3M in yet another TWAP price manipulation attack."

Governance

Admin Keys

DAO

Treasury

  • Will have (10-12-2020) a treasury which gets a portion of the fees and subsequently swapped for VSP on the open market.

Token

Launch

Token allocation

"Will be distributed to early adopters during the initial stages of the project as an incentive to use the protocol, and earn-able thereafter through participation in Vesper products."

Utility

"The VSP token forms the basis of Vesper’s revenue model. It uniquely allows holders to capture the lion’s share of the value generated by Vesper products. Not only will the token give holders authority to vote on Vesper governance proposals, it can also be staked in the vVSP pool to generate vVSP, a pool token that denotes a share of the Vault’s holdings. The fees will be split, with 5% going to the Vesper founders and the remaining 95% is deployed back into the pool strategy to the benefit of all pool participants."

Token Details

Stablecoin

Coin Distribution

"According to @defipulse, Vesper have around $820 in TVL, meaning 0x_b1 alone is rocking over 7% of that value."

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].
  • Built on:

How it works

Fees

Upgrades

Staking

Liquidity Mining

Scaling

Different Implementations

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

Funding

Partners 

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