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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Vesper Finance to Launch Vesper Orbit, Delivering Aggressive DeFi Yield Opportunities for Emerging Digital Assets

November 19, 2021 GMT

CHICAGO--(BUSINESS WIRE)--Nov 19, 2021--

Vesper Finance, an easy-to-use decentralized finance (DeFi) platform for digital asset growth, announced the launch of Vesper Orbit –– an application that integrates emerging tokens into Vesper’s collection of yield optimizing products. Initial pools available on the standalone app at orbit.vesper.finance will be Frax Protocol (FRAX), Fei Protocol (FEI), and Alchemix (AlUSD), plus the DeFi Pulse Index (DPI) token.

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Vesper Orbit is built using Vesper Grow strategies — an easy-to-use, well-tested, and audited way for depositors to earn yield on their cryptocurrency holdings. While Vesper Grow supports very well-established digital assets including ETH, LINK, DAI, and Wrapped BTC, Vesper Orbit offers support for newer tokens.

“Vesper Orbit enables us to further engage with the DeFi community,” said Jordan Kruger, co-founder of Vesper Finance. “This application will not only enable greater access to a variety of tokens, but it will also foster collaboration with these newer, exciting communities.”

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Vesper Orbit launches on November 23. Additional details, including fees and deposit limits, are available on Medium.

About Vesper Finance

Vesper Finance is a platform for decentralized finance (DeFi) products that simplify digital asset growth for individuals and organizations. With well-audited engineering and an easy-to-use interface, Vesper’s products allow users to earn yield on their digital assets by harnessing the most powerful and innovative financial protocols available on the Internet. By fusing the best aspects of DeFi’s open source nature and the professionalism required by traditional finance, Vesper creates and supports the conditions for DeFi’s success to the long-term benefit of all participants. Learn more about Vesper at www.vesper.finance and follow on Medium, Twitter, Telegram, and Discord.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211119005534/en/

CONTACT: Shazia Hasan

Vesper Finance

shazia@vesper.finance

KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY FINANCE SECURITY BANKING PROFESSIONAL SERVICES SOFTWARE NETWORKS INTERNET DATA MANAGEMENT

SOURCE: Vesper Finance

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PUB: 11/19/2021 10:07 AM/DISC: 11/19/2021 10:07 AM

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