Maker-to-Vesper

The modular nature of Vesper enables strategies to route through other pools. This potentially enables many pools to upgrade simultaneously with a single upgrade to the pool that each routes through.

Maker-to-Vesper utilizes DAI loans via MakerDAO and vDAI to generate yield.

  1. The pooled asset is deposited to a Maker vault as collateral

  2. DAI loans are taken out against the collateral

  3. DAI is deposited to vDAI

    1. vDAI can utilize any strategies (likely direct-to strategies given the nature of DAI).

This strategy can be aggressive or conservative, depending on the collateral ratio employed and the strategies in place through vDAI.