The DeFi structured product platform VETA Finance has launched its mainnet on July 21

2023-07-27 18:17:14
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ChainCatcher news, the DeFi structured product platform VETA Finance officially launched its mainnet on July 21. VETA focuses on volatility and structured products, offering range returns such as snowball, discounted positions, and premium reductions.

VETA mainly covers two major businesses: "asset management" and "platform." The asset management business currently has an AUM of over 7 million USD. It primarily serves professional institutions and ultra-high-net-worth individuals; the platform business offers a full range of structured products, including interest-first payments and margin trading, with margin trading enabling wallet connections for BTC/ETH staking (the contract stipulates that the staked assets are directly deposited into AAVE for interest), allowing authorized amounts to directly purchase products and enhance spot asset returns.

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