Zest | DeFi protocol built for Bitcoin

Table of Contents

Project Details

Zest is an open-source Bitcoin lending protocol operating on-chain, aiming to create a vibrant borrowing and lending ecosystem around BTC. Zest minimizes counterparty risk by holding capital and issuing loans transparently on-chain, utilizing smart contracts to pool funds and conduct secure, auditable transactions. Zest offers two types of pools: Earn pools for users to earn yield on their BTC and Borrow pools for users to borrow BTC by providing collateral in BTC or Bitcoin assets, providing a decentralized and efficient solution for supplying and utilizing liquidity on the blockchain.

Zest Protocol Raises $3.5 Million in Funding | Point Program with Airdrop Expectations Also Implemented

Funding Status

Zest Protocol raised $3.5 million in a Seed round from investors including BINANCE LABS and Draper Associates.

Airdrop Information

Zest Protocol has an airdrop prepared on Galxe, but it also seems possible to earn an airdrop by supplying stSTX or STX to Zest Protocol.

Airdrop Details Page

Airdrop Strategy

Summary of Steps

  1. Access the official website
  2. Create a wallet (or connect if you have one)
  3. Supply stSTX or STX to earn points
  4. After supplying stSTX or STX, borrow STX to earn points
  5. Refer friends to earn additional points
  6. Complete tasks on Galxe to earn additional points

Detailed Steps with Images

  1. Access the official website

  2. Create a wallet (or connect if you have one)

  1. Supply stSTX or STX to earn points

  2. After supplying stSTX or STX, borrow STX to earn points

  3. Refer friends to earn additional points

  4. Complete tasks on Galxe to earn additional points

Disclaimer

  • This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
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  • We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.