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Zest Protocol raises $3.5m Seed round to redefine Bitcoin lending
Led by @drapervc, with participation from @BinanceLabs, @FlowTraders, @trustmachinesco, @goasymmetric and more 🤝
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Zest Protocol
9.8K posts
Zest Protocol
@ZestProtocol
🟧 The lending protocol built for Bitcoin, backed by @drapervc & @yzilabs Borrow against your Bitcoin and earn up to 5% APY (paid in BTC)
Katılım Şubat 2022
123 Takip Edilen95.4K Takipçiler
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WTF?
$ZEST token distribution is live 🔥
Fixed total supply: 1,000,000,000 $ZEST tokens.
Community at the forefront with 27.83% allocation for Airdrops and user incentives. 🚀
7% for season 1 points holders
Check what you will get 👇🏼
The breakdown:
Eligibility next
Zest Protocol@ZestProtocol
The ticker is: $ZEST Introducing the $ZEST token distribution.
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Zest Protocol retweetledi
Bitcoin Staking is the first step.
@ZestProtocol founder @TychoOnnasch explains how staked BTC could open the door for more borrowing and earning on Stacks.
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Zest Protocol is the lending hub of Bitcoin DeFi with over 41,000 users.
Self-custodial lending on the L1 opens the same market to 100% of Bitcoiners.
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@renapshah @Stacks @StacksEndowment Excited to make these BTC staking yields available on
Zest Protocol
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The safest way to hold BTC is in a vault.
The most effective way to use it is as collateral.
But a collateral vault only works if Bitcoin can verify it natively, and BitVM is not yet ready.
So how does @ZestProtocol make BTC-backed collateral vaults work?
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The Bitcoin credit market is the largest untapped liquidity source in crypto.
Self-custodial BTC-backed borrowing, with no bridging or wrapping, is the key that opens it.
Zest Protocol is building that with Bitcoin Collateral Vaults.
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Three years ago founder @TychoOnnasch called CeFi Bitcoin lending a black box. He was right.
Zest Protocol is building the onchain alternative: the institutional-grade Bitcoin lending layer.
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@Stacks Zest Protocol is building something big for Stacks Dual Staking.
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Hold BTC. Earn BTC. That's what Bitcoiners want.
Today we're publishing the Bitcoin Staking whitepaper.
Self-custodial. BTC-denominated yield.
Here's what it is and why it matters 🧵
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Zest Protocol is building something big for @Stacks Dual Staking.
stacks.btc@Stacks
Hold BTC. Earn BTC. That's what Bitcoiners want. Today we're publishing the Bitcoin Staking whitepaper. Self-custodial. BTC-denominated yield. Here's what it is and why it matters 🧵
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Join us for The Zest Town Hall ep 76!!
x.com/i/spaces/1RKZz…
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Zest Protocol is building the lending infrastructure to activate $1.5T+ of idle BTC.
Early supporter DeSpread says the team has the experience and conviction to lead it.
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@xyzerobtc @Stacks @StacksEndowment @stackslabs Tapping into liquidity without losing BTC custody is how the Bitcoin economy is unlocked
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This is factual.
I’ve said it. This is one more reason to trust the @ZestProtocol Team and be excited about Zest Bitcoin Lending protocol.
There is no second Zest tbh 🍊
dylan.btc@dylan_
Been working with the @ZestProtocol folks for years now. They have a very strong team, and built a tier-1 BTCFi protocol. Their TGE could set the tone for the entire @Stacks DeFi ecosystem. And I believe their best days are ahead of them.
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