Vesto and Matryoshka Capital Announce they have entered into a definitive Pilot License Agreement to deploy Vesto's Multi-Token On-Chain Protocol for seamless access into DeFi.

SAN FRANCISCO, Calif., Nov. 11, 2021 /PRNewswire/ -- Vesto, a market leading Multi-Token On-Chain Protocol for seamless access into DeFi, has signed a license agreement with Matryoshka Capital.Vesto's protocol is an easy to use but powerful gateway into the cryptocurrency ecosystem, enabling the next generation of DeFi, dApps, and protocols.Through this license agreement, Matryoshka Capital, will be able convert its significant fiat currency pools into USDC and Dai to be locked up in DeFi and mint vUSDC and vDai to be used for their brokerage trading activities.Vesto's 2-Token protocol is similar to how banks traditionally hold clients' fiat in the clients' savings account ledger, while also pooling those same fiat assets to earn the bank money in their own loan and investments accounts.The difference is, with Vesto, Matryoshka Capital willA own and control both their underlying assets on Ethereum and their vTokens on Polygon earning high DeFi yields. Best of all, this arrangement can earn users much higher yields than typical bank accounts, with DeFi historically running in the 5 to 15% range from Stablecoin liquidity pools, paid daily, with 24/7 access. For users choosing liquidity pools of more volatile asset classes, yields have historically run 15 to 25% or more.
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