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Difference between revisions of "Vesta Finance"
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Vesta is a layer 2-first lending protocol that allows users to obtain maximum liquidity against their collateral without paying interest. | Vesta is a layer 2-first lending protocol that allows users to obtain maximum liquidity against their collateral without paying interest. | ||
[[File:Vesta.png|thumb|Vesta Finance]] | |||
Vesta is natively Layer 2 and is deployed on Arbitrum. | Vesta is natively Layer 2 and is deployed on Arbitrum. | ||
== How Vesta works == | |||
* Stablecoin: users can deposit collateral to mint VST (Vesta Stable) - a USD-pegged stablecoin. | * Stablecoin: users can deposit collateral to mint VST (Vesta Stable) - a USD-pegged stablecoin. | ||
* Multi-collateral: users can deposit collateral (ETH/renBTC etc.) to mint VST. More types of collateral is said to come soon. | * Multi-collateral: users can deposit collateral (ETH/renBTC etc.) to mint VST. More types of collateral is said to come soon. | ||
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* [[/tokenomics/vsta-tokenomics|Community-oriented tokenomics]]: 50%+ of the governance token (VSTA) supply will be given to the community. | * [[/tokenomics/vsta-tokenomics|Community-oriented tokenomics]]: 50%+ of the governance token (VSTA) supply will be given to the community. | ||
* [[/governance/governance-overview|Governable]]: parameters in the system, such as minting fees, liquidation fees, and liquidation incentives will be modifiable by governance. | * [[/governance/governance-overview|Governable]]: parameters in the system, such as minting fees, liquidation fees, and liquidation incentives will be modifiable by governance. | ||
== Sources == | |||
https://docs.vestafinance.xyz/ | |||