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· One min read

Vesu Migration

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.

Earn positions will show a ‘Migrate’ button, allowing users to migrate to new vTokens. In certain Starknet wallets like Argent Mobile, this migration happens automatically with your next interaction with Vesu.

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.

· 2 min read

Happy Bitcoin Pizza Day

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."

Saylor Tweet

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.

Borrow in Vesu Genesis Pool

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:

More opportunities incoming soon. Stay tuned!

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

· 3 min read
Nils Bundi

Vesu 10-Month Anniversary

We are thrilled to celebrate the 10-month anniversary of Vesu and its initial Genesis pool. Over the past ten months, Vesu has grown to become Starknet's largest lending market. The Genesis pool, the first and largest lending pool, stands as a testament to our commitment to innovation, user experience, and security.

A Journey of Growth and Innovation

Since its inception, Vesu has operated autonomously, governed solely by math and code, without reliance on third-party interventions. This approach aligns perfectly with Starknet's ZKP-powered technology, ensuring a trustless and efficient lending environment.

On that journey, we have achieved significant milestones including the following;

🏆 Grow to the largest lending market on Starknet
🛡️ Onboard best-in-class pool curators like Re7 Labs
👛 Native wallet integration with Argent and Braavos
✨ Enable new products like Braavos' Bitcoin Earn
✅ Securely navigate various market crashes

We invite everyone to track and verify Vesu's progress for which we have built an extensive Dune dashboard that you can find here. TVL by assets Vesu TVL breakdown by asset, as shown on Dune.

Evolving with the Ecosystem

As the Starknet ecosystem matures, we recognize the need to make few adjustments to the Genesis pool configuration, the first in its 10-months existence. These updates aim at reflecting the increased liquidity, availability of proven liquidation bots, and overall confidence in Vesu's robust design:

  1. Minimal Loan Amounts: Reduce the minimal loan amounts in the Genesis pool to $10, making lending more accessible to a broader range of users.

  2. Liquidation Loan-to-Value (LLTV): Increase the LLTV ratios on certain lending pairs where Starknet liquidity has increased to improve capital efficiency. Find the details in this sheet.

  3. Interest Rate Curve: Increase rate halving to 5 days (reduce the autonomous curve adjustment speed) and the minimal 100%-utilization rate to 5% improving market efficiency and UX for both lenders and borrowers. Read more on Vesu's adaptive curve design here.

What You Need to Do

No action is required from your side.

These updates do not have an immediate impact on your existing positions in Vesu's Genesis pool. However, you may observe elevated market activity as users take advantage of the new configurations such as the lower loan amount requirements or increased LLTVs, resulting in a change in Supply and Borrow APRs.

With these conservative changes, the Genesis pool stays the core of lending on Starknet. Trusted for its stability and liquidity, the pool is now ready to support the next 10 months of growth.

If you have any questions, please reach out on the Vesu Discord or Telegram.

Stay Tuned

It has been an incredible first 10-months on this journey and that is mostly thanks to the trust our users and partners put into Vesu. We are even more excited for the next months as we continue to push the boundaries of DeFi and build a future where BTC becomes a productive asset you can earn with, use in DeFi and build on. 🧡

· 2 min read

Welcome rUSDC on Starknet

Starknet is growing—more assets, more players, more opportunities. rUSDC, a stablecoin by Relend Network, has now a new home in the Re7 rUSDC pool on Vesu. Curated by Re7 Labs and seeded with $15m from Relend Network, this pool expands borrowing and lending opportunities while making capital more efficient.

Let’s take a look at what this new pool brings.

Re7 rUSDC Pool

Borrow: rUSDC
Collateral: ETH, wstETH, WBTC, USDC, STRK, xSTRK

This pool lets users borrow rUSDC against key assets. Users can keep assets like wstETH or xSTRK working while unlocking fresh liquidity to use as they like.

To bootstrap the new pool, Re7 Labs has set debt caps to manage liquidity and risk, ensuring a secure launch with room to scale. The initial limit is 500k rUSDC per asset (100k rUSDC for WBTC), with potential adjustments as the pool grows.

All parameters of the new pool can be accessed via the Pools page.

info

rUSDC is a CDP-based stablecoin issued by Relend Network. It is backed by USDC and lending market collateral, designed to provide scalable and stable liquidity across L2s. rUSDC can be redeemed 1:1 for USDC on Ethereum mainnet.
Learn more in the Relend Docs.

Discover the New Pools & the Curator

With the new pool you can now:

Learn more about Re7 Labs and their previously launched pools:

Got feedback? Let us know on X or Discord.

· 2 min read

Welcome Argent Metal

Argent has just launched Argent Metal, a self-custodial crypto card that makes spending USDC effortless anywhere Mastercard is accepted. Unlike other crypto cards that require preloading or custodial accounts, Argent Metal lets users spend directly from their wallet while maintaining full ownership of their assets.

Why Argent Metal?

  • No FX fees (1 USD = 1 USDC)
  • Earn cashback rewards. Up to $1,800 in the first year.
  • Exclusive perks and benefits.
  • Full self-custody. Funds stay in your control until spent.

Argent Metal isn’t just powerful, it looks good too. Choose your 16g metal card in Gold or Platinum.

Argent Card now available!

Power to DeFi with Vesu

Argent Metal gives you full control over your assets. With Vesu, you can take it even further and access true financial freedom:

  • Earn yield on your idle USDC. Let your assets work for you.
  • Borrow USDC against your holdings (ETH, BTC, etc.) to access liquidity without selling.
  • Compound cashback rewards to maximize returns.

Easily accessible via vesu.xyz or directly in the Argent Wallet’s Invest tab, delivering a true Web2-like experience.

Vesu integration into Argent Invest

Get Started

The way you spend crypto just changed. Keep control, keep earning, and unlock true financial freedom.

· 2 min read

Welcome BTCfi to Vesu

Bitcoin is the most secure and decentralized asset, yet most BTC sits idle or locked in centralized platforms. Starknet changes that by introducing scalable, trustless, and programmable Bitcoin finance—secured by STARK proofs.

It’s time for Bitcoin to go beyond HODLing. Welcome to BTCfi.

What Vesu Has to Offer

Bitcoin’s liquidity is trapped—held on exchanges, locked in custodial solutions, or simply collecting digital dust. The problem? No native DeFi, high fees, and security risks.

With Starknet scaling Bitcoin, Vesu enables Bitcoiners to:

  • Earn yield on BTC by putting your Bitcoin to work while HODLing.
  • Borrow with BTC to access liquidity without selling.
  • Multiply BTC to increase exposure and maximize yield.

All while benefiting from:

  • Low fees, keeping more of your BTC instead of losing it to transaction costs.
  • A frictionless experience thanks to smart wallets like Argent.
  • Full self-custody, eliminating reliance on centralized entities or third parties.
  • Proven security with every line of Vesu’s smart contract code audited.

What This Means for Starknet & Vesu

Bringing Bitcoin to Starknet is the next logical step:

  • Bitcoin’s market cap dwarfs existing DeFi TVL. Unlocking BTC liquidity brings new users, strengthens network effects, and expands DeFi on Starknet.
  • More liquidity strengthens lending markets. Better rates, deeper composability, and new integrations follow.
  • New Bitcoin-native DeFi primitives are possible. Vesu has the infrastructure ready.
  • STARK proofs provide the security Bitcoin needs. BTC moves on-chain without intermediaries.

Both Starknet and Vesu offer scalable, trustless finance, powered by math and cryptography. Together, we bring native BTCfi to Bitcoiners.

What’s Next? The Future of BTCfi

Scaling native BTCfi is a long-term roadmap, with OP_CAT as a key upgrade to enable smart contract functionality on Bitcoin.

But we don’t wait for OP_CAT. In the meantime, we’re bringing Bitcoiners into BTCfi by:

  • Bootstrapping BTC liquidity through bridged BTC, restaked BTC, and BTC derivatives.
  • Enabling BTC lending strategies tailored specifically for Bitcoiners.
  • Maintaining strong security on Vesu to give Bitcoiners peace of mind when using BTCfi.

This isn’t just an experiment. The future of BTCfi starts now.

· 2 min read

New Curator on Vesu

We’re thrilled to welcome Alterscope as a new curator on Vesu!

Alterscope is known for its expertise in risk management and data-driven analytics, shaping secure and efficient DeFi markets. Now, they’re bringing their experience to Starknet with a set of new curated pools—introducing new assets and expanding opportunities for DeFi users.

Let’s check them out!

Alterscope CASH Pool

Collateral: ETH, STRK, USDC, USDT, WBTC
Borrow: CASH

This pool introduces the CASH stablecoin to Vesu, unlocking a new way to borrow against key assets. Users can keep assets like ETH or USDC working while unlocking fresh liquidity in CASH to use as they like.

info

CASH is an overcollateralized stablecoin issued by Opus. Learn more in the Opus Docs.

Alterscope wstETH Pool

Collateral: wstETH
Borrow/Multiply with: STRK, ETH, WBTC, USDC, USDT

This pool lets wstETH holders borrow assets or multiply their exposure—all while still earning staking rewards and DeFi Spring incentives.

Alterscope xSTRK Pool

Collateral: xSTRK
Borrow: STRK, ETH, WBTC, USDC, USDT

This pool enables borrowing against Endur’s xSTRK, a liquid staking token for STRK. Depositors receive staking and DeFi Spring rewards while being able to borrow other key assets.

Alterscope Cornerstone Pool

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

A broader lending market for multiple assets, designed for diverse borrowing and lending strategies. Optimized loan-to-value (LTV) and utilization settings make this pool highly capital-efficient.

note

The same asset provided as collateral cannot be borrowed, ensuring stability and minimizing risk.

Discover the New Pools

Alterscope’s curated pools offer new ways to optimize your assets—unlock liquidity, multiply exposure, or maximize staking rewards. Here are a few:

note

These pools are new and may need more liquidity to become fully active. If borrowing or multiplying isn’t available yet, start by depositing to help bootstrap liquidity.

All parameters of the new pools can be accessed via the Pools page.

Got feedback? Let us know via X or Discord.

· 2 min read

New Pools by Re7 Labs

Big update! Two new pools, curated by Re7 Labs, are now live—offering fresh opportunities for earning, borrowing, and optimizing capital efficiency.

And there’s more—DeFi Spring rewards for wstETH start today, Feb 6, 2025, giving an extra boost to yield opportunities in one of the pools!

Re7 Labs, known for their expertise as a leading risk curator, first launched their curated pools on Vesu in November. Learn more in our previous Blog post.

Now, let’s take a closer look at what these new pools offer.

Re7 Starknet Ecosystem Pool

Collateral: EKUBO, STRK
Borrow: USDC

This is the first pool on Vesu where EKUBO can be used as collateral—a long-requested feature. It introduces a new way for EKUBO holders to access liquidity.

To ensure a controlled launch, Re7 Labs has set an initial debt cap of 9,000 USDC for the EKUBO-USDC pair and 2M USDC for the STRK-USDC pair.

The curator can adjust this pool as needed—raising the debt cap or adding more tokens from the Starknet ecosystem, ensuring it remains aligned with market needs and long-term stability.

Re7 wstETH Pool

Collateral: wstETH
Borrow/Multiply with: ETH

The pool is designed to maximize wstETH exposure with Vesu’s Multiply feature, allowing users to boost yield by capturing both staking rewards and the DeFi Spring rewards starting today.

info

While strongly correlated, ETH and wstETH prices (and the Pragma price feeds) can deviate in particular in a stressed market environment. Users are responsible for ensuring enough buffer in their position to account for price differences between the two tokens on Starknet.

The Strengths of Vesu’s Infrastructure

Both pools leverage Vesu’s fully customizable lending architecture, allowing the curator to design pools that adapt to evolving market needs. Debt caps can be adjusted based on demand to keep the pools balanced and secure.

The parameters of each pool can be accessed via the Pools page.

Since Vesu’s pools are isolated, risks stay within each pool without affecting others. This keeps borrowing and lending safer, even as more assets are added.

Discover the New Pools

Got feedback? Let us know via X or Discord.

· 2 min read

Vibe with Vesu

Reflecting on 2024 Milestones and What’s Next

As we step into 2025, we’re proud to share how far we’ve come. In just six months, Vesu has risen to 3rd in TVL among all Starknet projects!

Vesu Protocol Rankings Protocol Rankings by DeFiLlama (01/14/25)

This milestone reflects the incredible support and trust from our growing community. Let’s take a moment to celebrate the key achievements of 2024 together.

Key Milestones of 2024

Launch Day: July 10, 2024 – the day it all began! 🥳

Multiply: The first feature launched on Vesu—and a Starknet-first! A game-changer for users looking to amplify exposure to their favorite assets.

Pools Page Launch: Create fully customizable pools and unlock fresh, exciting lending markets. Your pool, your rules.

Re7 Labs as Curator: Big news for Vesu and Starknet—Re7 Labs, a leading DeFi risk expert, became our first curator. Their xSTRK and sSTRK pools opened up exciting new earning opportunities.

Stake & Earn: Why complicate things? With Vesu, earning 20% APY with your STRK is a breeze. Staking rewards and DeFi Spring rewards come together in one single step. Stake & earn now.

👉 Dive into our 2024 recap on X for more exciting highlights and milestones!

Looking Ahead

2025 is set to be a big year for Vesu, with a sharp focus on seamless UX, innovation, and security. Here’s what’s on the horizon:

🌸 DeFi Spring Campaign Continues
The rewards program has been extended until all 90M STRK are distributed.

🤖 DeFAI
From simple rule-based automations to AI agents, we’re unlocking smarter ways to manage pools and positions.

🌍 Expanding Ecosystem
Welcoming new curators, liquidity providers, and partnerships within Starknet and the EVM ecosystem.

⚡ DeFi for Bitcoin
Bridging Bitcoin into Starknet-powered DeFi—unlocking fresh opportunities for BTC holders.

Starknet’s tech is ready to scale with lower fees and faster transactions, creating the perfect environment for DeFi innovation—and Vesu is ready to lead the way.

Thank You!

Your feedback and engagement have made everything we’ve achieved possible. Together, we’re shaping the future of DeFi on Starknet.

Stay connected for the latest updates:

  • Follow us on X
  • Join the community on Discord

· 3 min read

New: Vesu Pools Page

The New Pools Page Is Here: A New Chapter for Vesu!

The wait is over: Vesu's new Pools Page is live! This update empowers anyone to create custom lending pools, unlocking exciting opportunities for creators, curators, and users alike.

What’s New?

The Pools Page makes it easier than ever to create and manage lending pools. Anyone can now launch new markets, no technical expertise or approval from others required. You’re in control! Customize your pool to align with your vision and goals.

Choose to make your pool immutable or if you want to enable pool emergency procedures, giving borrowers and lenders extra trust in its stability & security. Prefer flexibility? Curate your pool as it grows, adjusting settings to adapt to evolving needs.

New Pool Creation UI The new pool creation UI.

Why Create Your Own Pool?

As the only neutral lending protocol on Starknet, Vesu is the ultimate launchpad for its thriving ecosystem. Here’s what you can achieve:

  • Add Utility to Your Token: Enable your community to earn yield or use your token as collateral.
  • Innovate and Experiment: Launch markets for untapped assets, tailor liquidations or oracles, and fine-tune risk strategies.
  • Fuel Ecosystem Growth: Attract users, capital, and innovative use cases to push DeFi forward on Starknet.

Whether you're a community builder, an innovator, or simply looking to create a market for a token, the new pools page provides everything you need to bring your ideas to life.

note

Creating a new pool is simple, but finding the right parameters to attract demand from both lenders and borrowers can be challenging. We’re here to help! Contact us via Discord for support with your new pool.

What’s in It for Users?

This update is a game-changer for Vesu users, unlocking exciting opportunities:

  • More Liquidity: New pools mean new opportunities for earning and borrowing.
  • New Strategies: Increase your STRK exposure with Vesu's Multiply feature.
  • Exciting Collaborations: Re7 Labs and other upcoming curators bring innovation and expertise to the ecosystem.

We’re committed to pushing DeFi on Starknet to the next level. With innovative products, expert curators, and growing integrations, this is just the beginning!

Discover all the new markets on vesu.xyz/markets

note

Vesu is fully permissionless, allowing anyone to create a pool. Before participating, take the time to review the parameters and understand the associated risks. A detailed guide to help you get started will be available soon.

Get Started Today

Ready to dive in?

For Creators: Build your own pool and bring your vision to life. Start with our Onboarding Docs.
For Users: Explore the new pools already launched by Re7 Labs on the updated Markets page.

Got questions or ideas for a pool? Let us know in Discord.

🔗 Links