Key Insights From Today’s On-Chain Behavior
- Vesta Finance on Arbitrum attracts Inflows into its VST Saving Module
- Largest token inflow to Smart Money was aSTETH
- Largest token outflow from Smart Money was HFT
- Smart Money % of holdings in stables is currently around 26%, down from 39% in November
On-Chain Movements
Vesta Finance on Arbitrum
- ~$2.4 m of inflows into the Vesta Finance: VST Saving Module
- VST (Vesta Stable) - is a collateralized USD-pegged stablecoin
- The Saving Module is a place where users can lock up VST for a period of time to earn interest rate
- At the moment the estimated APR for locking up VST for 90 days is 10%
- The fee comes from VST borrowers who pay the [Vesta Reference...