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Arbitrum-based Lending Protocol Vesta Finance Establishes Emergency Reserve

Arbitrum-based lending protocol Vesta Finance announced the formal establishment of Vesta Emergency Reserve, whose top priority is to compensate users in the case of a shortfall event.

Vesta Finance said that all fees accrued in the Vesta ecosystem so far as well as future fees will accrue to the Vesta Emergency Reserve by default.

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DeFi

Lending

Stablecoins

Arbitrum

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