Vesper
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Fixed-Rate Lending Protocol HiFi Launches
The field for fixed-rate lending protocols is becoming more dense as HiFi has joined the fray. Like Notional Finance and Yield Protocol, HiFi is able to offer fixed rates by locking in a specific duration by which the loan will mature. The debt will be represented with a “yToken,” which refers to tokenized debt backed…
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Vesper Comes Out of Beta and Launches VSP Token
Vesper, a DeFi investment platform, came out of beta and launched its VSP governance token. Following a successful beta period with $28M in total value locked, Vesper aims to bridge the gap between traditional DeFi users and investment industry professionals who are new to the space. Users are able to choose to deposit crypto in…