Zest Protocol (N/A)

Zest Protocol is a Bitcoin liquidity and lending protocol that aims to enhance the utility of Bitcoin, the largest by market capitalization crypto, make it liquid, and composable in DeFi. Zest crypto features its two main products, which have accumulated over $75M in TVL: Leding and Liquid restaking protocols. 

1️⃣ Zest Protocol Borrow: A decentralized, non-custodial liquidity protocol consisting of two separate markets: 

• Zest Protocol Stacks Market: a platform where users can participate as lenders or borrowers. Depositors provide liquidity to the market to earn passive income, while borrowers can take out overcollateralized loans based on their collateral for a perpetual duration;
• Zest Protocol Bitcoin Market: Not launched yet, it will let users unlock liquidity across multiple chains by borrowing against their $BTC or Bitcoin-backed assets.

2️⃣ Zest Restaking Protocol $BTCz: a tokenized, yield-bearing version of staked $BTC built on Babylon and secured by Stacks smart contracts. $BTCz lets Bitcoin holders earn future yield while staying fully on-chain and trustless, though the product is currently paused and may return in a new form.

Moreover, Zest Protocol crypto integrates the Pyth oracle network to deliver real-time, reliable price feeds directly to its smart contracts. This ensures precise asset valuations, up-to-date UI pricing, and smooth, risk-aware liquidations. By using confidence intervals and strict staleness checks, Zest adds an extra layer of protection to maintain accurate and secure pricing at all times.

🪙 Zest Protocol Token: As of May, there is no info concerning the native token of the project, however, there is an ongoing Points farming campaign, where the accumulated Points are designed to quantify and reward contributions, signaling the upcoming Zest Protocol airdrop.

Considering the ongoing Points farming campaign, our team completely analyzed Zest crypto project, revealing its several pros and cons:
 

✅ Zest Protocol pros:

• YZi Labs is a backer and a partner;
• High SEO score;
• ImmuneFi Bug Bounty program;
• Leading DeFi protocol on the Stacks blockchain with over $75M in TVL;
• Above-average Growth Marketing, SMM, PR, and Marketing Infrastructure score.

❌ Zest Protocol cons:

• Very weak Influencer Marketing performance;
• No clear Roadmap;
• No reputable partners or ecosystem members;

Most of the core team members have no work experience in top-tier companies.