Vesper Finance, a U.S.-based DeFi ecosystem and growth engine for crypto assets, announced on Thursday it has teamed up with Gauntlet to maximize efficiency and minimize risk through automated collateral management. Vesper reported through the partnership Gauntlet will deliver optimization of Vesper strategies that use on-chain lending to generate yield.
“By tracking market activity like available liquidity, transaction costs, volatility, and other factors, Vesper strategies can more efficiently deploy capital.”
While sharing more details about the partnership, Jordan Kruger, Co-Founder and CEO of Vesper, stated:
“Vesper is always looking for the best ways to improve its platform and deliver the best possible yield performance for its community, which ranges from crypto-enthusiasts to professional investors. Collaborating with Gauntlet helps deliver on this goal and in ways that are compatible with what the entire DeFi movement seeks to achieve — fully on-chain governance and management.”
Founded in 2020, Vesper describes itself as a DeFi platform focused on combining ease-of-use, professionalism, technical diligence, and the community dynamism that built the DeFi category.
“Vesper is dedicated to creating and supporting the conditions for DeFi’s expansion and success, to the benefit of all participants.”
