Set Protocol Unveils New Features of V2 Upgrade

By Abhimanyu Krishnan | News | 6 Aug 2020


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

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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