Zest Protocol raises $3.5m Seed round to redefine Bitcoin lending. Led by @drapervc, with participation from @BinanceLabs, @FlowTraders, @trustmachinesco, @goasymmetric and more 🤝

when zest keeps attracting millions in stables and sbtc. 🟧 4.

3) another $2m+ aeusdc deposited into Zest bringing borrowing rates down to just 1.67%. that unlocks a powerful yield loop:.• deposit sbtc for 4% apy.• borrow aeusdc at 1.67%.• swap to usdh on a dex.• stake usdh to earn ~17%. → net ~20% apy defi strategy.

2) holding stacks memecoins and planning to sit tight?. you could put them to work on @VelarBTC. several memecoin pools are offering 45%+ apy for liquidity provision. just be mindful of potential impermanent loss.

1) with stacking apy around 10%, now’s a great time to take advantage of stacking dao’s instant yield. mint ststxbtc or ststx to start earning sbtc or stx immediately — no waiting for the next cycle. put your capital to work from day one

want to put your sbtc and stacks assets to work?. Zest highlights 3 btcfi strategies to help you earn more in the @Stacks ecosystem. don’t miss this guide to boosting your returns. 🧵⬇️

what zest has achieved so far is nothing short of impressive; it’s already the backbone of stacks defi. and there’s still a lot cooking behind the scenes to cement its spot as the go-to protocol for bitcoin lending and borrowing.

3) Zest is the safest place to earn and borrow on Stacks:. • #1 by tvl (highest tvl by far).• most audited protocol (6 audits and counting).• 1,345 liquidations, zero bad debt. Zest has developed the most battle-tested liquidation framework.

2) backed by legendary investors. zest has the strongest lineup of backers in the stacks ecosystem:.• @trustmachinesco.• @TimDraper.• @BinanceLabs (yes, with cz). no other protocol on stacks has this calibre of conviction behind it.

1) based team. zest was founded by the most og stacks builders, including the former first hires at trust machines. the team was behind major stacks breakthroughs like:. • the nakamoto upgrade.• the original sbtc design.• sip-031 (co-written by tycho himself).

Zest is the safest place to earn yield and borrow against your stacks assets. it's becoming the go-to venue for low-cost borrowing, driving more onchain activity in the ecosystem. here’s why Zest is the undisputed leader and there is no second Zest. 🧵⬇️

another $2m+ aeusdc deposited on zest!. borrow apy now down to just 1.67%. more liquidity → cheaper borrowing → more yield (e.g. borrow aeusdc, swap for usdh, and stake it)

Bitcoin-backed lending is a trillion-dollar opportunity. And there is no second Zest!

Join the Zest Community for the Zest Town Hall!!.

Zest is the safest place to earn and borrow on Stacks:. • Holds the highest TVL by far.• Most audited protocol with 6 smart contract audits.• Has processed 1,345 liquidations without any bad debt. Zest is becoming the backbone of @Stacks DeFi.

that's a wrap on another zesty week 🌮. see you next Tuesday for the next "Weekly Recap" edition. stay zesty 🍊. NOTE: The recap is NFA & Zest & other apps yields are variable at any time!.

🔸 stx borrowing: +5.38% (2.6M → 2.74M). with stacking yields above 9%, users can borrow stx to stack and boost their rewards. as long as stacking yield > borrowing apr, this is an effective strategy.

🔸 usda borrowing: +3.27% (23.57k → 24.34k). usda borrowing rates are even lower, sitting at just 2.24% apy. makes it an appealing option for the "swap to usdh" and "stake strategy".

🔸 aeusdc borrowing: +20.46% (830k → 1M). aeusdc borrowing continues to climb, with rates still low around 3% following the $1m+ deposit a few weeks back. with usdh staking at 16%, borrowing aeusdc, swapping for usdh, and staking could be an attractive strategy.

🔸 over $5m in active borrowing positions on zest. zest is attracting stablecoins, sbtc, and stx lsts unlocking cheap borrowing. lower rates mean more borrowing, more activity, and more growth for the stacks economy.

another Zest weekly recap is here! 🍊. let’s dive into the numbers! ⬇️