Vesper Finance: Why the Next Stage of DeFi May Belong to Strategy Infrastructure, Not Yield Farming
Vesper Finance: Building the Infrastructure Layer for Sustainable DeFi Yield The decentralized finance industry has evolved significantly since the first wave of yield farming. Early DeFi users were willing to chase triple-digit returns, move liquidity between protocols daily, and accept enormous risks in exchange for rewards. Today, the market looks very different. Capital has become more selective. Investors increasingly focus on sustainability, risk-adjusted returns, protocol revenue, and long-term utility rather than short-lived incentives. This shift creates an important question: what comes after speculative yield farming? A growing number of analysts believe the future belongs to infrastructure projects that simplify access to complex financial strategies while maintaining transparency and capital efficiency. Viewed through that lens, Vesper Finance becomes far more interesting than a typical yield platform. Rather than competing in the race for the highest APY, Vespe...