Earn BTC Rewards: Up to 12.5% APY with Zest Lending Protocol
2
minute read
December 17, 2024
Zest Protocol
What is Zest?
Zest is the leading lending protocol on Stacks, and it now enables you to put your BTC to work to earn more of it or borrow against your BTC.
While facilitating Stacks asset liquidity and achieving a TVL of $40M, activating Bitcoin lending and borrowing will be key to unlocking BTC liquidity and transforming it into a productive asset.
How can you start earning up to 12.5% BTC yield with Zest?
0) Deposit BTC to mint sBTC on Stacks. This can be performed with the sBTC bridge.
1) Head over to Zest website
2) Launch the app and connect your favorite Bitcoin L1 and Stacks wallet (recommended to use Xverse or Leather as they support both networks
3) In the “Borrow” section, under the “Stacks market” option, you will be able to choose sBTC among the assets to supply. Simply click the “supply” button, enter the amount, and initiate the transaction to start earning yield up to 12.5% APY.