Implement Vesta Saving Module

Summary

Vesta Saving Module is a place where users can lock up VST for up to 90 days to earn an interest paid in VST. The locked up VST will be used to backstop liquidation (similar to the current stability pools, but is second to order to the current stability pools), further securing the system. Such an arrangement would not only give VST native yield, but also make VST the most secure crypto-backed stablecoin in the whole market. The interest rate revenue is funded by the interest that is paid by users on their minted (i.e. borrowed) VST based on the Vesta Reference Rate model.

To learn more about how the Saving Module will work and the cap on deposit and yield, please visit the full discussion linked below.

Timeline

We aim to implement the feature in the month of February if this proposal passes.