The Long Game
10
minute read
January 2, 2025
Tycho Onnasch
Zest Protocol is the Bitcoin liquidity protocol. What does that mean though?
We are building a platform to make Bitcoin more productive, more liquid, and more composable in DeFi. Our goal is to make Bitcoin DeFi as safe and as frictionless as humanly possible. Our first two Bitcoin derivatives listed, BTCz and sBTC, are two big pieces of this goal.
The biggest piece? Building on the Stacks blockchain.
Why did we choose to develop the Bitcoin liquidity protocol on Stacks? There is infinitely more “Bitcoin” liquidity on chains like Ethereum and its various L2s.The answer is simple: these chains can’t have real Bitcoin on them, only Stacks can.
Stacks is the only blockchain other than Bitcoin that can read Bitcoin state. This means that Stacks is the ONLY chain capable of having a BTC derivative without third party bridging which introduces massive risks.
Thanks to this - sBTC on Stacks is the most secure, trust-minimized version of wrapped BTC to ever exist. It’s as close as you can get to real, authentic Bitcoin. This is the only form of Bitcoin we want to build DeFi on.
Our team is composed of Trust Machines OGs, we helped design sBTC. We know how revolutionary this technology is.
We know that sBTC is compelling enough to make even the most dedicated maxi’s bridge to Stacks to make their BTC more productive.
The Stacks core team has proven time and time again that they are capable of delivering important upgrades. Nakamoto and sBTC launched with zero security breaches, which is a massive accomplishment (especially considering the Lazarus Group has their eyes on our ecosystem). All of the pieces are in place for a flourishing 2025 for Stacks.
We aren’t leaving, and we have zero plans to. Right now - you can head to https://app.zestprotocol.com and earn +5% APY on your sBTC. It’s as simple as connecting your wallet and clicking “supply”.
2025 is going to be the year that Bitcoin DeFi goes mainstream. And it all happens right here, on Zest Protocol. On Stacks.
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And as usual, stay zesty🍊