Vesper Grow pools on Avalanche
Earn auto-compounded yield with Vesper Grow, now available on the Avalanche network.
Vesper continues to prioritize multi-chain expansion for a more accessible and cost-effective DeFi experience. Starting today, users can passively grow their crypto on Avalanche with Vesper Grow!
Vesper Grow delivers a well-audited, set-and-forget way for depositors to earn yield on their digital assets. Initial Grow pools available on Avalanche are USDC, WBTC and DAI, AVAX and WETH.
Here’s how it works:
- Deposit your asset of choice into the corresponding Avalanche Vesper Grow pool.
- Vesper pools encompass a number of strategies that interact with top DeFi protocols on Avalanche (e.g., BenQi, TraderJoe, Aave, Curve, Alpha Homora). These strategies deposit assets to those pools, and also borrow and leverage these protocols on top of one another.
- Yield is regularly realized and compounded by Vesper on behalf of the depositor.
- Depositors also share the VSP boost allocated to the pool they deposit to.
- Vesper takes care of all of this — users simply deposit their crypto and watch it grow.
Users must have funds on Avalanche in order to deposit into Vesper Grow pools on Avalanche. Visit Avalanche’s documentation and community channels for guidance on using the network.
About Vesper Finance
SOURCE
https://medium.com/vesperfinance/now-live-passively-grow-your-crypto-on-avalanche-62682122fa62