Stacks Ecosystem

Zest Protocol reduces counterparty risk by holding capital and issuing loans transparently on chain. Zest Protocol relies on smart contracts to handle pooled funds rather than opaque unaudited balance sheets. Anyone can check on the funds at any time, as well as the open source smart contract code that moves the funds around.Zest Protocol features two types of pools:<ul><li>Earn pools, where users earn a yield on their BTC</li><li>Borrow pools, where users borrow against their BTC</li></ul>

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May 13, 2024, Bitcoin lending protocol Zest has raised $3.5 million to enable bitcoin holders to deploy their assets in on-chain and generate yield. The seed raise was led by Draper Associates with participation from Binance Labs, Flow Traders, Trust Machines and others.

Zest Protocol

Zest Protocol is a Bitcoin lending protocol.

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