We are introducing the Hearth Upgrade, featuring a brand new staking infrastructure, a new interest rate framework, a new website, and other features, transforming VST into a self-sustainable, public good stablecoin. The interest rate charged on the stablecoin would go fully to a newly established VST-USDC stablecoin pool on Curve, funding VST liquidity, facilitating one of the most liquid crypto-only-backed stablecoins. This updates allows Vesta to get one step closer to its mission: maximizing the potential of all crypto assets.

To learn more about the proposal, please visit our discussion link.

Timeline

The vote will last for 3 days.