27 posts tagged with "Announcement"

We’re welcoming Clearstar Labs as a new pool curator on Vesu.

Clearstar is launching their first pool on Vesu with sUSN and USDC, with plans to add more yield-bearing assets over time.

Clearstar USDC Reactor​

The Clearstar USDC Reactor is built for yield-bearing collateral, starting with sUSN as the first supported asset.

Configuration at launch:

• Collateral: sUSN
• Borrow: USDC
• Debt cap: $2.5M

More assets may be added to the pool over time.

Who’s Clearstar?​

Clearstar is an onchain risk curator active across major DeFi lending and vault platforms like Morpho and Euler. Their team combines TradFi and DeFi backgrounds, with a strong focus on risk, operations, and continuous monitoring.

They focus on careful asset review, setting appropriate risk parameters, and continuously monitoring the markets they curate.

About sUSN​

sUSN is the yield-bearing version of USN, a USD-backed stablecoin from Noon Capital. Yield accrues directly into the token over time, increasing its value without additional actions.

It can be used as collateral to borrow USDC or with Vesu’s Multiply feature to increase exposure to its built-in yield.

Get started​

You can now use the Clearstar pool to:

• Deposit USDC to earn yield
• Borrow USDC against your sUSN
• Multiply sUSN with USDC

Got feedback? Let us know on X or Discord.

Re7 Labs, the main curator behind Vesu’s BTCFi pools, has moved their remaining legacy pools to V2.

Any position that can be upgraded will now show a Migrate button in the Vesu UI, guiding you through a simple, one-click migration flow.

TL;DR​

• Re7 Labs’ remaining V1 pools are migrating to V2
• Migration is live and handled directly in the app
• Funds remain safe throughout

For a step-by-step walkthrough, see the guide in the docs.

New Re7 Pools​

V1 pool	New V2 pool
Re7 xSTRK	Re7 STRK
Re7 wstETH	Re7 ETH
Re7 Starknet Ecosystem	Re7 Labs Starknet Ecosystem

Note on Re7 STRK​

Previously, the Re7 xSTRK pool priced xSTRK using the STRK price, as this was the most reliable oracle available at the time of launch.

The Re7 STRK pool now uses the xSTRK conversion rate price feed, so xSTRK positions will reflect their full underlying value in the new pool.

Re7 USDC pool deprecation​

The Re7 USDC pool is being deprecated, with markets migrating to the relevant V2 pools.

BTCFi rewards for WBTC and USDC continue in the Re7 USDC Core pool.

V2 going forward​

With this upgrade, all liquidity is coming fully to V2.

This allows:

• Fewer markets and less fragmentation
• A simpler, clearer UX
• Full focus on V2 going forward
• Improved smart contracts as the single standard

V2 is now the foundation for all future improvements on Vesu.

If you have any questions, feel free to reach out in Discord. We’re happy to help.

Vesu has grown a lot over the last year and one interface no longer fits everyone.

More markets. More decisions.

Now you choose how you use Vesu.

Three modes. One protocol.​

Vesu now offers three app modes, each designed around a different user intent.

All modes run on the same smart contracts and the same risk model.
Only the interface changes.

LITE​

LITE is the new default experience.

It is designed to make the most common actions obvious and reduce unnecessary decision making.

• Focused on the most common actions
• Easier to scan and get started

A simpler way to get started on Vesu.

BTCFI​

BTCFI is a Bitcoin first experience.

Designed for users who want to use Bitcoin onchain without selling.

Everything you see is centered around BTC, with no extra noise.

PRO​

PRO is the full power Vesu interface. This is exactly what existing users already know.

• All markets with full detail
• Multiply enabled

PRO is designed for users who want full visibility and control.

Switching modes​

Switch between LITE, BTCFI, and PRO at any time.

Use the mode switch in the top right corner of the app.
Or bookmark the link to the mode you prefer and use that directly.

Under the hood, nothing changes.
Same security. Same risk. Same contracts.

Try it out​

This change is about focus, not limitation.

Explore now:

• A smoother entry for new users → LITE
• A clearer BTCFi path for Bitcoin holders → BTCFI
• Full control for power users → PRO

Same protocol.
Different ways to use it.

A new Bitcoin strategy is live on Vesu.

The Noon tBTC Vault is built for Bitcoin holders looking for strong yield. Users deposit tBTC and earn yield through an automated, fully onchain setup that builds on sUSN yield and Vesu’s low borrow rates.

We’re excited to welcome Noon Vaults as a new curator, expanding the range of Bitcoin strategies available on Starknet.

The Noon tBTC Vault​

The Noon tBTC Vault is designed for users who want to put their Bitcoin to work without selling it or actively managing positions.

The setup combines BTC-backed borrowing with yield generated via sUSN, allowing returns to compound back into tBTC over time. Position management, rebalancing, and execution are fully abstracted away.

The curator targets ~10% yield. All funds remain non-custodial and fully transparent onchain.

About Noon and sUSN​

Noon issues USN, a USD-backed stablecoin designed with a focus on sustainable yield, safety, and long-term use. Its staked version, sUSN, accrues yield directly within the token over time.

With sUSN live on Vesu, users can use it as collateral, borrow against it, and combine it with Vesu’s vaults and Multiply to access more advanced onchain strategies.

Vesu Vaults​

Vesu Vaults are designed to make onchain yield more accessible by abstracting away complexity, while remaining fully non-custodial.

Vaults follow strict, onchain strategy mandates and are operated by independent curators. Deposited funds can only be used as defined by the strategy, and performance is reported transparently onchain.

The Vesu Vaults framework has undergone multiple independent audits. Full details are available in the Vesu docs.

Get started​

You can now:

• Deposit tBTC into the new Noon tBTC Vault
• Multiply sUSN to increase your exposure & yield
• Borrow USDC against sUSN

Explore the new tBTC Vault and sUSN on Vesu and see what’s possible.

In December, liquidity on Vesu will be unified. With native USDC arriving on Starknet, users will migrate their USDC positions into the improved V2 pools. This is the next step in the shift from V1 to V2, and a simple migration tool will handle the move for you.

Update December 3​

Migration is now live on vesu.xyz.
Any position that can be upgraded will now show a Migrate button. For a step-by-step walkthrough, see the guide in the docs.

What you need to know​

The current bridged USDC will be renamed USDC.e and native USDC will take over the USDC ticker across Starknet apps and explorers.

Once migration begins, V1 pools will switch to limited mode. Existing positions can still be closed, but opening new positions or adding debt will no longer be possible. The pools will continue operating for now.

The migration tool will support both steps: moving from USDC.e to native USDC and shifting V1 positions into the newer V2 pools. Open positions and affected markets will show a Migrate button in the UI.

V2 as the new standard​

Vesu currently has 18 pools across V1 and V2, which makes it harder to find the right market and spreads liquidity across many smaller pools. Consolidating liquidity in the V2 pools reduces this fragmentation and creates a simpler setup.

V2 pools run on improved smart contracts that have been audited by Zenith, ChainSecurity and OpenZeppelin. Their full reports are available in the docs. Each pool uses its own isolated contract, with less complexity and better gas efficiency.

Benefits for users:

• Less fragmentation: liquidity concentrated in stronger pools
• Better UX: simpler to find the right markets
• Future-proof: all new features and improvements will focus on V2

Strengths of native USDC​

Native USDC is issued directly by Circle and comes with clear benefits:

• One unified, canonical USDC
• Lower risk and fewer trust assumptions
• Fully reserved and redeemable 1:1
• Faster, more reliable cross-chain transfers through CCTP
• Opens the door for institutional players on Starknet

It is the version exchanges, custodians and market makers prefer.

Next steps​

There’s nothing you need to do right now. Just keep an eye on our socials. We’ll post the exact go-live announcement on X and Discord once everything is ready.

If you have any questions, now or during the migration, feel free to open a ticket in our Discord. We’re here to help.

Bitcoin isn’t just a store of value anymore. It’s becoming the foundation for a new financial layer, one where BTC itself can earn, move, and work across chains. Lombard makes this possible with LBTC, a liquid, yield-bearing version of BTC that brings native Bitcoin yield into DeFi.

And now on Vesu, LBTC goes even further. You can earn, borrow, or multiply your position directly on Starknet, the home of permissionless BTCFi.

Earn passive yield​

Earn >2% APR on your LBTC deposit. Two pools by Re7 Labs are currently available.

Re7 xBTC
This pool is built to Multiply staked Bitcoin. Deposited LBTC earns BTCFi rewards and organic yield driven by user-demand from Multiply and Borrow.

Re7 USDC Core
The LBTC you deposit is not lent out, and can be withdrawn anytime. It earns BTCFi rewards while continuing to accrue staking rewards via Lombard.

Earn more yield with your LBTC.

Borrow stablecoins at top rates​

Use your LBTC as collateral to borrow USDC within the Re7 USDC Core pool. It’s the easiest way to unlock liquidity without selling your Bitcoin.

Your borrowed USDC stays flexible. Use it to farm additional yield on Vesu, buy more Bitcoin, or spend it with the Ready Card.

Borrow USDC against your LBTC.

Multiply your Bitcoin​

LBTC is already staked Bitcoin, earning yield while staying liquid. But on Starknet, you can take it one level deeper.

Stake LBTC via Endur to mint xLBTC. It keeps earning staking rewards within the token, around 5% APY.

Now, Vesu lets you use that yield-bearing BTC as collateral to multiply your exposure, boosting yield up to 30% APY.

The Re7 xBTC pool is designed to multiply staked Bitcoin. Users can supply xLBTC to increase exposure and staking rewards. Available to multiply are LBTC, tBTC, SolvBTC, and WBTC. The correlated setup helps smooth volatility and improve stability for positions.

Multiply staked LBTC (xLBTC) for higher exposure & yield.

Make more with your Bitcoin​

Vesu turns LBTC into productive collateral. Earn consistent yield, access stable liquidity at top rates, or multiply your exposure.

Vesu is built for those who want their Bitcoin to do more: to stay self-custodial, secure, and earning while remaining entirely onchain.

Security is non-negotiable when it comes to Bitcoin. Vesu’s smart contracts have been audited by multiple independent firms, and there is a $100K Immunefi bug bounty. Additionally, if the main interface is ever unavailable, users can still access their positions through Vesu’s lite frontend.

It’s time to put your LBTC to work with Vesu.

Vesu V2 is live! Just in time for the BTCFi Season on Starknet.

To kick things off, the Starknet Foundation is allocating 100M STRK in rewards to anyone who brings their Bitcoin onchain and puts it to work.

Vesu V2 makes that easier than ever. With a fully redesigned frontend, smarter contracts, and new curated pools by Re7Labs, Vesu is the main lending market powering BTCFi from day one.

Borrow against Bitcoin, earn yield and more. All without giving up custody.

Do More With Your Bitcoin​

Bitcoin is great, but using it has been tough. Until now, choices were limited: sell and lose exposure, trust a centralized lender, or pay high borrow rates. BTCFi on Starknet changes that.

For the first time, you can access cheap liquidity. Without selling or giving up self-custody.

Example: Deposit LBTC into the new Re7 USDC Core pool to borrow USDC. Your borrow costs get subsidized by STRK rewards.

Use the extra liquidity as you like, deploy it into yield strategies, or spend with the Ready Card.

Supply BTC to Earn​

Supplying Bitcoin earns BTCFi rewards and interest from borrowers.

The new Re7 xBTC pool pairs staked Bitcoin with their native assets and creates strong borrow demand as users boost exposure and yield with Vesu’s Multiply feature. This leads to a healthy organic yield on top.

Looking for something even simpler? Vesu V2 introduces Vaults. A new strategy layer that automates yield on autopilot. At launch, we’re kicking things off with Bitcoin Vaults curated by 0D. Deposit BTC once. It gets supplied into Vesu, borrows stablecoins, and allocates them into 0D institutional-grade yield strategies. No micromanaging, no more chasing APRs.

Multiply your staked Bitcoin​

Stake your Bitcoin on Starknet through Endur.fi to earn STRK staking rewards. For example, stake tBTC to receive xtBTC in return. Multiply the xtBTC against tBTC, increasing your exposure and boosting your yield.

Because the assets are expected to move closely together, this strategy carries lower liquidation risk while still stacking staking rewards.

Claim and Supported Assets​

Rewards are based on real usage. Borrowing earns rewards according to interest paid. Supplying BTC also qualifies, provided it’s non-recursive. They’re distributed weekly and become claimable every Friday (or anytime after that).

The following assets are eligible for BTCFi rewards:
Lending: wBTC, tBTC, LBTC, SolvBTC
Borrowing: USDC, USDT, CASH
More assets and ways to earn will be added as BTCFi Season continues.

Vesu V2: Making DeFi simpler​

Vesu V2 takes everything learned from V1 and builds an even stronger foundation for DeFi on Starknet.

• Modern UX: A clean, fast interface makes it easier to find the right opportunity
• Simplified Contracts: Each pool now runs on its own isolated contract, improving security, reducing complexity, and lowering gas costs
• Vaults: simply deposit to the vault to enjoy complex yield strategies on autopilot, enforced fully on-chain
• Security first: Multiple audits; $100K Immunefi bug bounty and new features like onchain monitoring by Hypernative.

Vesu V2 strengthens UX and security while unlocking support for new assets and strategies. It is the liquidity hub for BTCFi on Starknet.

The Big Picture​

BTCFi isn’t just a rewards program. It's Bitcoin’s next chapter. Capital comes in through staking, Vesu makes it productive, and users borrow, lend, and spend. This approach rewards real activity, not idle deposits that leave when incentives end.

Vesu becomes the bank for your Bitcoin, with liquidity ready to use anywhere.

Explore Vesu V2 now:​

• Deposit tBTC into the Re7 USDC Core pool.
• Borrow USDC against your LBTC.
• Multiply xsBTC with solvBTC.
• Explore the new Bitcoin Vaults.
• Learn more about V2 in our docs.

New Curator and Asset​

We’re excited to welcome CarmineDAO as a new curator on Vesu. From Carmine Finance to RemusDEX, they’ve helped shape Starknet DeFi from the start. Now, they bring that experience to Vesu by curating the first lending market for DOG, one of the first Bitcoin Runes on Starknet. More may follow.

CarmineDAO Runes Pool​

Collateral: DOG, ETH, STRK, USDC, WBTC
Borrow: DOG, ETH, STRK, USDC, WBTC

All assets can be used as collateral or borrowed against one another. Whether you’re holding DOG or ETH, WBTC or STRK, you can now unlock liquidity or build custom cross-asset strategies.

Collateral remains isolated to your position. No rehypothecation.

About the Curator​

CarmineDAO is a long-standing builder on Starknet. After launching Carmine Finance, they’ve continued to grow the ecosystem with community-led initiatives.

One of those is RemusDEX, a fully on-chain Central Limit Order Book (CLOB) DEX built by a small team from within the CarmineDAO community. RemusDEX uses a CLOB model, enabling traders to place limit and market orders with full transparency and control.

DOG is the first Bitcoin Rune traded on RemusDEX and is now supported on Vesu through this new lending pool.

Explore the Pool​

The CarmineDAO Runes pool is live. You can:

• Supply DOG to the new pool.
• Use WBTC as collateral to borrow DOG.
• Learn more in the risk report.

All pool parameters are available via the Pools page. Questions? Join us on Discord.

Vesu has successfully completed a planned migration to address a security related disclosure and strengthen the protocol's long-term security.

What this means for you​

All funds are safe and positions continue to work as expected, earn interest and DeFi Spring rewards.

Why we migrated​

As protocols grow, so does the complexity of maintaining and securing them. This migration addresses a bug responsibly disclosed through Immunefi and resolved in close collaboration with Chainsecurity, our curators, and wallet partners.

User funds are safe, and the fix is now fully implemented through this migration. Vesu continues to operate normally.

Thanks to Chainsecurity, Immunefi, and our partners across the Starknet ecosystem for making this transition seamless.

Questions? Reach us anytime on Discord.

The most expensive pizza ever. And the best case for BTCfi.

You already know the story. In 2010, Laszlo paid 10,000 BTC for two pizzas. One supreme, one cheese. It was the first time anyone bought something physical with Bitcoin. Back then, those 10k BTC were worth about $41. Today? Over $1 billion.

It’s crypto history. And if you ask Saylor? The takeaway is simple: "Never sell your Bitcoin."

Because what if Laszlo had borrowed instead? He could’ve kept the BTC, borrowed a few dollars for lunch, and still had a billion-dollar bag years later. That’s what BTCfi is here for.

Bitcoin began as an experiment. A wild idea shared in forums and mined on laptops. Then it became digital gold. Now it’s time to actually use it. Borrow against it. Earn with it. That’s BTCfi.

BTCfi is live on Starknet​

Here’s what you can already do today:

• Earn 6% APY on your Bitcoin
• Borrow USDC at just 0.5% APR against your Bitcoin
• Borrow USDC & spend it with your Argent Card

More opportunities incoming soon. Stay tuned!

This Bitcoin Pizza Day, maybe just borrow for the pizza.