DeFi· ★★★· bullish·

Zest Protocol launches leveraged bitcoin staking vault on Stacks

  • —zvstBTC targets 6-8% annual yield versus 2.6% for plain stBTC staking
  • —The scheme: stBTC as collateral, borrow sBTC and reinvest into staking
  • —Initial deposits are capped at 10 BTC to test the strategy
  • —Zest's lending market on Stacks has reached TVL above $100 million with no bad debt since March 2024
Why it matters: The product expands ways to earn yield on bitcoin in DeFi, but leverage raises risks for holders.
#BTC#STX
Source: Crypto Briefing
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