DescriptionVesta is a layer 2-first lending protocol where users can deposit collateral to mint VST (Vesta Stable) - a USD-pegged stablecoin.

Category:crypto-backed

Minting and RedemptionUsing the Vesta Finance app, users mint VST by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back VST is burned.