Zest Protocol provides a lending protocol built specifically for Bitcoin, enabling users to deposit BTC through native Bitcoin transactions and then engage in lending or yield-generating activities. The company leverages upcoming Stacks Nakamoto and sBTC blockchain upgrades to create a fully Bitcoin-native lending experience. Using sBTC’s peg-in wire format, users deposit BTC to fund their balance on Zest Protocol. Its lending infrastructure is currently live on Stacks mainnet with Stacks market as it prepares for the sBTC launch. The company says it will use the funds to expand operations and development efforts. Zest Protocol is based in George Town, Cayman Islands and raised $3.5M in seed funding.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

May 2024