On August 5, DeFi asset management protocol Set Protocol (SET) unveiled the details of its V2 upgrade, which includes yield farming, multi-asset support and user experience features.
- More assets will be supported, including DeFi tokens, additional stablecoins, liquidity provider (LP) tokens and synthetic assets
- V2 will support a range of yield farming protocols
- Gas costs will be lowered across the board, including for protocol functions like rebalances
- V2 introduces Set Portfolios, a collection of strategies that can be used for trading at high liquidity and low slippage
- Integration with Balancer (BAL), Curve (CRV), Synthetix (SNX), AAVE (AAVE), and Compound (COMP)
- Features will be implemented incrementally over the next few months