/biz/ - Business & Finance

What is Vesper?
Vesper is the ultimate set-and-forget automated solution to yield farming. The first products within the Vesper ecosystem are called “Holding Pools.” It’s really very simple: select the asset and the pool that meets your objectives — Vesper takes care of the rest.
Put another way: once deposited, your assets are pooled and automatically deployed to other DeFi protocols based on your desired strategy and risk tolerance. The objective is to earn interest in your chosen asset: Deposit ETH, earn ETH interest. Deposit WBTC, earn WBTC interest.How is this different from Yearn?
Platforms like Yearn, for example, aggregate yield across a predefined number of platforms. We asked, “What if a platform was similarly designed to aggregate across various strategies?” New and improved strategies could be deployed over time and integrated into the existing stack, while old and non-competitive alternatives can be phased out.

Vesper’s modular approach and multi-pool capability allow for better and safer upgradeability of pools. As existing strategies become overplayed, newer, higher-yield alternatives can be gradually integrated into the existing pool with only a percentage of users’ funds being deployed in the new strategy. Eventually the new strategy will overtake the original strategy altogether after it has proven itself in the new pool and performing better than its predecessor. (This is akin to how Amazon rolls out updates to its website, surfacing them to an ever-larger percentage of users on the way to 100%.) These strategies can be built out over time and integrate with platforms that don’t yet exist.
In this model, the end user funds are redeployed automatically. This capability helps support a truly “set-and-forget” experience that is as sustainable as possible.

The core values of Vesper are Longevity, Quality, Trust and Community. This is YFI done right. No "testing in prod" spaghetti code that gets exploited every second week.