Zest Protocol
Airdrop (Retrodrop)
Active
11 Apr 2024 - TBA
Zest Protocol is a Bitcoin-native liquidity layer with over $65M in TVL that enhances $BTC utility in DeFi by enabling users to lend, borrow, and earn yield in a non-custodial, fully on-chain way. Built on Stacks and integrated with the Pyth oracle network, it ensures accurate pricing and secure liquidations while keeping everything composable and trustless.
On April 11th, 2024, the project started its Points Program, where users can earn points for supplying tokens such as $STX, $aeUSDC, $USDh, $aUSD, and $USDA.
Zest Protocol - Airdrop (Retrodrop) Overview
How to join Zest Protocol - Airdrop (Retrodrop)?
To participate in the Zest Protocol Points farming campaign, you need to connect your Stacks-compatible wallet on the website (you can use Xverse).
Then, acquire some $STX tokens in the Stacks network on your wallet, head to the website, and connect your wallet. Once done, stake your $STX and obtain liquid staked STX ($stSTX)
Afterwards, head back to the platform and lend $stSTX in the Stacks Market with 7,48% APY. Currently, users earn 1 point per $1 supplied on Zest Protocol daily. However, you can obtain 2 points per $1 per day for $STX, $aeUSDC, $USDh, $aUSD, and $USDA supplied. Get more info concerning the Points allocation in the leaderboard section.
💡 Bonus tip: As of May, the platform is actively working on the Bitcoin Market and has opened a waitlist. Although it is not guaranteed, the waitlist participation may also increase your chances of qualifying for the potential Zest Protocol airdrop.
Good Luck! 🍀
Step-by-step Guide
Obtain some $STX tokens;
Stake your $STX and obtain $stSTX;
Lend your obtained $stSTX;
Supply other available coins to earn additional Points;
Join the wailtlist to apply for early Bitcoin Market testing;
Wait until the airdrop announcement;
Get your tokens.