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Beta Zoom #1
December 23, 2020
Agenda
• Introduction
• Vesper Overview - Products and Project
• Beta expectations and reactions
• Answers to community questions
INTRODUCTION
Vesper Products
Crypto holding pools at launch
that enable users to passively
increase their crypto holdings.
VSP incentivizes and catalyzes
participation, facilitates
governance, and funds further
development and growth of Vesper.
Building a network of users to
sustain and grow the product
portfolio, with a progressive
plan for decentralization.
Team
Vesper Token Vesper DAO
Symbol
Beta Launch
Token Type
Website
Total Supply
Auditors
Integrations
VSP
December
ERC20
vesper.finance
10 million
Introduction
Jeff Garzik
Co-Founder
Jordan Kruger
Co-Founder
Matthew Roszak
Co-Founder
Gabriel Montes
Blockchain Engineer
Phil Gomes
Communications
Zane Huffman
QA / Documentation
Manoj Patidar
Principal Engineer
Matt Kirincic
Strategy
Rohit Solia
Smart Contract Engineer
OVERVIEW: PRODUCTS AND PROJECT
Vesper’s Four Pillars
Longevity Quality Trust Community
Vesper’s First Product: HOLDING POOLS
Make your crypto holdings work harder for you.
Vesper’s First Product: HOLDING POOLS
• “Deposit BTC, earn compounding BTC interest”
• ETH, WBTC and USDC
• Yield aggregator
• Targets “Risk free rate”
• Crypto is never risk-free
• Balance always increases, absent existential events.
• No impermanent loss
• Risk levels
• Aggressive: High risk, higher yield
• Conservative: The opposite
• Criteria: Liquidity Quality Score
• Audience(Con.) - OG Holders, Institutions, DeFi cautious
• Audience(Agg.) - Crypto
• Quality - Audits, Testing, Staged Roll-Out
POOL FACTORY
Expanded Pool offering
DIRECTED POOLS
(future)
FUNDRAISING
(future)
CHARITABLE GIVING
(future)
Vesper is a suite of
Decentralized Financial
products built by the
community, powered by the
VSP token.
HOLDING POOLS
Vesper Products: Peek at the future
• Core
• Multi-pool

• Front pools & back pools

• More strategies

• Holding Pools
• Pattern: Deposit X, Earn X

• More cryptos

• Some stablecoins

• V2
• VSP gov token

• vVSP gov & revshare pool

• Compound gov module
• Directed Pools - Programmed yield
• Pattern: Deposit X, Earn Y

• Direct yield to ____________

• Deposit ETH, earn MET

• Deposit ETH, earn USDC

• Pool Factory
• Create your own pool

• Vesper strategy + ERC20 = Pool

• Developers
• Open source

• Discord & GitHub

• Staged release
Skunkworks: NFT asset packages, collateral-backed tokens, L2 yield, on-chain competitions & more.
The Vesper Ecosystem
Pool User
1.5% Withdraw Fee + 15% Platform Fee
Founders
Community

Developer
User Written

Strategy
95%
5%
5% 95%
vVSP

Staker
vVSP

Holding Pool
Treasury

Box
vCOOL

Split
VSP
Buy
Back
vToken
BETA: EXPECTATIONS & REACTION
Vesper beta - expectations
• Quality: Beta testing a necessity
• Tested & Audited
• “Until its ready” - est. 2-4 weeks
• Beta pools = Production pools
• Unless testing indicates otherwise
• VSP token not yet deployed
• Governance not yet deployed (multi-sig)
• Deposits may be paused, if > $25M
• Deposits & Withdrawals may be paused, upon black swan
• Incentivized Beta Rewards
• Clock started Dec. 22 at 3pm (Block# 11505322)
• 100,000 VSP per pool, proportional to deposit x time
• 100% claimable on Day 0
• Continuous UI updates
Vesper beta - outcomes
Beta feedback from community
• Rewards details
• Yield display
• Units: daily, weekly, …
• Denom.: native or USD
• “Easy to use, super smooth” UI, “a breeze”
• User-side wallet issues
• Improve docs/examples?
• New-to-DeFi user guides/youtubes
• Moar charts & graphs
• Pool/user summary page
• Improve mobile experience
• Add yield source <xyz>
Launch status:
• Contracts: Green
• Dapp: Green
• Website: Yellow to Green
• Monitors: Yellow to Green
• Comms: Green
BONUS: Tokenomics & Governance preview
TOKENOMICS Draft #2 - NOT FINALIZED
3M Holding Pools
1M Liquidity Mining
2.5M Reserves
3.5M Team, Advisors, Strategic Partners
10M TOTAL
Team/Partner Round
Vesting: 1/12th up front, then streaming for 11 months

Token Price: $2.50*

(*Informational purposes only, not a solicitation)
65% Distributed to
Vesper Community
Vesper Governance - Draft #1 - NOT FINALIZED
Phase I
Bloq & external partners will
establish a multi-sig with admin
powers and agree to the rules
of the social contract.
These powers will progressively
shift over time toward a
community run DAO.
Phase II
VSP holders can propose
Vesper Improvement
Proposals (VIPs) that will be
voted on by the Vesper DAO,
built from Compound GOV
module.
Bloq & external partners
have a social contract to
review and implement VIPs
that have majority support.
Phase III
VIPs that pass with majority
rule will be accepted and
implemented.
Bloq & external partners retain
the right to veto in emergency
situations.
Phase IV
The Vesper DAO assumes
all responsibility and power.
Bloq & external partners
relinquish all admin
privileges.
1 2 3 4
Q&A from Discord…
THANK YOU!
Website:	 https://vesper.finance/

Email:	 hello@vesper.finance

Medium:	 https://medium.com/vesperfinance

Twitter:	 @VesperFi
Telegram:	 https://t.me/vesperfinance

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Vesper Beta - zoom 1 presentation

  • 2. Agenda • Introduction • Vesper Overview - Products and Project • Beta expectations and reactions • Answers to community questions
  • 4. Vesper Products Crypto holding pools at launch that enable users to passively increase their crypto holdings. VSP incentivizes and catalyzes participation, facilitates governance, and funds further development and growth of Vesper. Building a network of users to sustain and grow the product portfolio, with a progressive plan for decentralization. Team Vesper Token Vesper DAO Symbol Beta Launch Token Type Website Total Supply Auditors Integrations VSP December ERC20 vesper.finance 10 million Introduction Jeff Garzik Co-Founder Jordan Kruger Co-Founder Matthew Roszak Co-Founder Gabriel Montes Blockchain Engineer Phil Gomes Communications Zane Huffman QA / Documentation Manoj Patidar Principal Engineer Matt Kirincic Strategy Rohit Solia Smart Contract Engineer
  • 6. Vesper’s Four Pillars Longevity Quality Trust Community
  • 7. Vesper’s First Product: HOLDING POOLS Make your crypto holdings work harder for you.
  • 8. Vesper’s First Product: HOLDING POOLS • “Deposit BTC, earn compounding BTC interest” • ETH, WBTC and USDC • Yield aggregator • Targets “Risk free rate” • Crypto is never risk-free • Balance always increases, absent existential events. • No impermanent loss • Risk levels • Aggressive: High risk, higher yield • Conservative: The opposite • Criteria: Liquidity Quality Score • Audience(Con.) - OG Holders, Institutions, DeFi cautious • Audience(Agg.) - Crypto • Quality - Audits, Testing, Staged Roll-Out
  • 9. POOL FACTORY Expanded Pool offering DIRECTED POOLS (future) FUNDRAISING (future) CHARITABLE GIVING (future) Vesper is a suite of Decentralized Financial products built by the community, powered by the VSP token. HOLDING POOLS
  • 10. Vesper Products: Peek at the future • Core • Multi-pool • Front pools & back pools • More strategies • Holding Pools • Pattern: Deposit X, Earn X • More cryptos • Some stablecoins • V2 • VSP gov token • vVSP gov & revshare pool • Compound gov module • Directed Pools - Programmed yield • Pattern: Deposit X, Earn Y • Direct yield to ____________ • Deposit ETH, earn MET • Deposit ETH, earn USDC • Pool Factory • Create your own pool • Vesper strategy + ERC20 = Pool • Developers • Open source • Discord & GitHub • Staged release Skunkworks: NFT asset packages, collateral-backed tokens, L2 yield, on-chain competitions & more.
  • 11. The Vesper Ecosystem Pool User 1.5% Withdraw Fee + 15% Platform Fee Founders Community
 Developer User Written
 Strategy 95% 5% 5% 95% vVSP
 Staker vVSP
 Holding Pool Treasury
 Box vCOOL
 Split VSP Buy Back vToken
  • 13. Vesper beta - expectations • Quality: Beta testing a necessity • Tested & Audited • “Until its ready” - est. 2-4 weeks • Beta pools = Production pools • Unless testing indicates otherwise • VSP token not yet deployed • Governance not yet deployed (multi-sig) • Deposits may be paused, if > $25M • Deposits & Withdrawals may be paused, upon black swan • Incentivized Beta Rewards • Clock started Dec. 22 at 3pm (Block# 11505322) • 100,000 VSP per pool, proportional to deposit x time • 100% claimable on Day 0 • Continuous UI updates
  • 14. Vesper beta - outcomes Beta feedback from community • Rewards details • Yield display • Units: daily, weekly, … • Denom.: native or USD • “Easy to use, super smooth” UI, “a breeze” • User-side wallet issues • Improve docs/examples? • New-to-DeFi user guides/youtubes • Moar charts & graphs • Pool/user summary page • Improve mobile experience • Add yield source <xyz> Launch status: • Contracts: Green • Dapp: Green • Website: Yellow to Green • Monitors: Yellow to Green • Comms: Green
  • 15. BONUS: Tokenomics & Governance preview
  • 16. TOKENOMICS Draft #2 - NOT FINALIZED 3M Holding Pools 1M Liquidity Mining 2.5M Reserves 3.5M Team, Advisors, Strategic Partners 10M TOTAL Team/Partner Round Vesting: 1/12th up front, then streaming for 11 months
 Token Price: $2.50*
 (*Informational purposes only, not a solicitation) 65% Distributed to Vesper Community
  • 17. Vesper Governance - Draft #1 - NOT FINALIZED Phase I Bloq & external partners will establish a multi-sig with admin powers and agree to the rules of the social contract. These powers will progressively shift over time toward a community run DAO. Phase II VSP holders can propose Vesper Improvement Proposals (VIPs) that will be voted on by the Vesper DAO, built from Compound GOV module. Bloq & external partners have a social contract to review and implement VIPs that have majority support. Phase III VIPs that pass with majority rule will be accepted and implemented. Bloq & external partners retain the right to veto in emergency situations. Phase IV The Vesper DAO assumes all responsibility and power. Bloq & external partners relinquish all admin privileges. 1 2 3 4
  • 19. THANK YOU! Website: https://vesper.finance/ Email: hello@vesper.finance Medium: https://medium.com/vesperfinance Twitter: @VesperFi Telegram: https://t.me/vesperfinance