Vesper Finance

Vesper Finance is a DeFi name built around crypto lending and yield strategies, which makes it relevant to people who want their tokens doing something more active than sitting in a wallet. By our assessment, that kind of setup can be useful because it packages lending, farming, and allocation choices into one place. The downside is the usual DeFi one: smart-contract risk, shifting rates, and the need to understand what each vault or strategy is actually doing. In practice it asks for attention, because the neat interface can hide a fairly technical engine underneath. It belongs in the crowded middle of DeFi rather than at the simple end.