Vesper Grow Pools (introduced as "Holding Pools") combine diverse deposits into a unified strategy that generates interest to buy back more of the pool’s deposit assets and translate the accumulation into passive returns for pool participants.
Pools are differentiated by deposit asset, strategy type, and risk level. At launch, there are three pools supporting conservative strategies using ETH, wBTC, and USDC. More pools and supported assets will emerge over time, which will be presented to the Vesper community as beta pools prior to their public unveiling on the Vesper website.
The user experience takes what is, as of this writing, a largely manual and time-consuming process and reduces user-facing complexity to:
Deposit crypto asset, such as ETH, wBTC, or USDC.
Understanding Vesper Grow Pools
Unlike other yield farming contracts, Vesper Grow Pools emphasize the deployment of deposited assets into third-party DeFi products that generate interest with the goal of growing those deposited assets.
Funds in Vesper pools are used to borrow, lend, and farm yield across various DeFi projects.
Users will select a pool that gives them the asset they want and fits their risk tolerance.
Vesper Grow Pool contracts and strategies can be found on Github.