Veda Partners with MEV Capital to Bring the Usual USD Vault to EtherFi Liquid

Aug 27, 2024

Aug 27, 2024

We are thrilled to welcome MEV Capital, a leading name in DeFi strategy, to the Veda ecosystem as we partner to bring the Usual USD vault to EtherFi Liquid. This new vault unlocks exciting opportunities for stablecoin holders, offering robust yield strategies for Usual’s rapidly growing USD0 stablecoin.

Unmatched Yield Infrastructure by Veda

Veda's yield infrastructure is setting a new standard in DeFi, which has attracted bright DeFi builders like MEV Capital. Here’s why teams are building on Veda:

  • Secured Over $1 Billion in TVL: Our platform secures over $1 billion in TVL, providing secure and scalable yield options.

  • Minimal Attack Surface: Our smart contracts are designed with minimal attack surfaces to enhance security.

  • Flexible DeFi Positions: Strategists can take virtually any DeFi position using our yield infrastructure.

  • Rapid Integration: New assets and protocols can be added to our system within days, keeping pace with the fast-evolving DeFi landscape.

  • Rigorous Audits: Our contracts undergo rigorous audits to ensure reliability and performance.

MEV Capital: Experienced DeFi Strategists

We couldn’t be more excited to welcome MEV Capital as the strategist for this vault. With extensive experience in DeFi, MEV Capital operates as a DeFi-focused hedge fund and has played key roles as a vault curator within the Morpho and Mellow ecosystems. Their expertise will further elevate the offerings in our latest USD vault.

Meet the Usual Money USD Vault

The new vault will accept USDC, USDT, and DAI as well as Usual Money’s USD0 and USD0++. If you’re not familiar with USD0, it’s the first stablecoin to aggregate various U.S. Treasury Bill tokens, providing a secure and diversified backing for the stablecoin.

The vault will leverage USD0 across numerous DeFi protocols, such as Pendle, Morpho, and Maker’s sDAI. This multi-strategy approach allows for optimal yields across diverse platforms.

Exclusive Boosts for Vault Participants

In addition to its strong yield strategy, this vault comes with some unique perks. Participants will receive a special 3x Pills multiplier, courtesy of Usual Money, as well as a catch-up boost. These incentives provide additional benefits for early adopters. Participants will also earn 3x ether.fi points and 3x Veda points.

Participate in the Usual USD Vault visit https://app.ether.fi/liquid/usual.

Final Thoughts

We are beyond excited to have MEV Capital join the Veda ecosystem as we roll out this new vault on EtherFi Liquid. Together, we’re bringing 1-click yield opportunities to the DeFi space, setting a new standard for DeFi accessibility. Stay tuned for more updates.

Reach out to us on X if you’d like to embed yield into your protocol.