Top 5 Zest Protocol September Updates
5
minute read
October 6, 2024
Tycho Onnasch
zm zesties! π
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The Zest team has been heads down preparing for the Nakamoto Upgrade, sBTC, and BTCz all set to launch in October. To say we've been busy is a massive understatement!
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In this article, we'll be recapping the top 5 highlights from the zesty month of September. At the end, we'll share some alpha on what's coming up nextπ
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1. BTCz is Coming to Revolutionize BTC Yield
Introducing the first BTC derivative launching with our long-awaited Bitcoin Earn product!
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BTCz is a product of a partnership with @babylonlabs_io. We're utilizing their revolutionary Bitcoin staking tech to create a liquid staked Bitcoin.
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It couldn't be easier: send BTC to Zest Protocol and it gets converted into liquid-staked BTCz. This will be just like any other SIP10 token with borrowing and trading enabled shortly after launch.
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It will be similar to @StackingDao's stSTX: just by holding BTCz in your wallet, you are earning passive yield + rewards!
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We are beyond excited to be the first to bring this technology to Stacks, the leading Bitcoin L2.
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BTCz will launch within the next few weeks... sooner than you think π
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2. Zest Protocol Stacks Genesis NFTs are LIVE!
If you had funds deposited on Zest Protocol during our first launch phase (before May 10th), you qualify for an exclusive Genesis NFT!
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It's claimable on your Zest dashboard. You will see a "Claim your Genesis NFT" button in the top right corner once you connect an eligible wallet.
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Genesis NFTs are packed with a Zest Points multiplier! Each tier (bootstrapper, champion, and king), will have their own unique benefits.
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Not eligible? Grab one on the @trygamma marketplace here!
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Stay tuned for more rewards surrounding these NFTs announced soon.
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3. 2x Zest Points on aeUSDC / STX Deposits
Points lovers rejoice! This multiplier applies to all deposits, including existing ones.
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Since rolling this campaign out, aeUSDC deposits have increased 29% and STX deposits increased a whopping 85%!
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Remember: the sooner you deposit on Zest, the easier it is to climb the points leaderboard and secure your onchain zestiness.
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4. Orange Wallet Integration
Zesties can now take the orange pill! @OrangeCryptoHQ became supported by Zest Protocol earlier this month.
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Orange Wallet joins @XverseApp, @LeatherBTC, @okxweb3 and @asignaio as a compatible wallet. Simply connect and start earning yield on your Stacks assets today!
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Download Orange Wallet here.
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5. Speaking at Korea Blockchain Week
Our co-founder @TychoOnnasch was invited to speak at @kbwofficial about Bitcoin, BTCz, and Stacks!
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It was an action-packed week filled with meeting community members, sharing the mission of Zest Protocol, and showing off our sick merch.
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We also made an appearance at @token2049, the biggest crypto conference in the world!
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Biggest takeaway from both conferences? People are more hyped than ever about Bitcoin and what you can build on top of it.
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That's a wrapπ―
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You thought September was exciting? October is going to be our busiest month yet:
- BTCz launching within the next few weeks
- Nakamoto Upgrade block within October
- sBTC (hopefully) by the end of October
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We couldn't be more excited to be on this zesty journey with all of you. Thanks for reading, stay tuned for more memes, alpha, and more!
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Stay zesty π
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