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Zest Raises $3.5M, Led by Tim Draper, for On-Chain Bitcoin Lending Using Stacks

May 13, 2024
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“Bitcoin L2s like Stacks are set to play a key function in unlocking Bitcoin DeFi,” mentioned Tycho Onnasch, founding father of Zest Protocol. “Not like on Ethereum, the creation of fundamental DeFi primitives corresponding to liquidity swimming pools isn’t attainable on Bitcoin L1. The Stacks sBTC improve is about to be a watershed second for Bitcoin DeFi, which is what it was designed for from the start.”



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Tags: 3.5MBitcoinDraperLedLendingOnChainraisesStacksTimZest
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