Pinned
Zest Protocol raises $3.5m Seed round to redefine Bitcoin lending
Led by @DraperVC, with participation from @BinanceLabs, @FlowTraders, @trustmachinesco, @goasymmetric and more 🤝
Zest Protocol
10.1K 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)
Joined February 2022
- How do you bring DeFi to Bitcoin without compromising what makes Bitcoin great? Zest Protocol has been working on that since DeFi summer. The result: the leading Bitcoin lending protocol, now expanding to L1.
00:00 - Zest Protocol founder @TychoOnnasch on the protocol's vision two years ago. Bring BTC onchain, earn yield by lending, borrow against BTC transparently.
00:00 - Zest Protocol has credentials few Bitcoin DeFi protocols can match. 🔸Backed by tier-1 investors: @yzilabs, @TimDraper & @muneeb 🔸Longest-running BTCFi team 🔸Leading Bitcoin lending protocol 🔸Enabling self-custodial BTC lending on L1, where Bitcoin liquidity lives
- Zest Protocol reposted
ZEST takes to the skies 🛫 The $ZEST - $USDC pool on Aerodrome is now eligible to receive AERO emissions. Welcome, @ZestProtocol.
- Replying to @ZestProtocolLearn more about Zest Protocol's Bitcoin Collateral Vaults:
- The gap in native BTC lending is who can access it. Institutions borrow against BTC without giving up custody via tri-party agreements. Retail surrenders it to a bridge or a wrapper. Bitcoin Collateral Vaults remove that tradeoff.
