Vesper is a financial agreement driven by VSP, which provides a platform for easy-to-use Decentralized Finance (DeFi) products. The agreement does not charge deposit fees, but it charges 0.6% fee on withdrawals and a 15% platform fee on yield. 5% share of the accumulated fees will be used for development, and the remaining 95% will go to the Vesper Treasury Box to buy-back VSP off the open market to feed back to vVSP vault stakers.
Vesper is a financial agreement driven by VSP, which provides a platform for easy-to-use Decentralized Finance (DeFi) products. The agreement does not charge deposit fees, but it charges 0.6% fee on withdrawals and a 15% platform fee on yield. 5% share of the accumulated fees will be used for development, and the remaining 95% will go to the Vesper Treasury Box to buy-back VSP off the open market to feed back to vVSP vault stakers.