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With Binance Labs’ investment, what is unique about Stacks’ lending market Zest?

May 15, 12:36
With Binance Labs’ investment, what is unique about Stacks’ lending market Zest?

1. Zest Protocol has completed a $3.5 million seed round of financing, led by Tim Draper and participated by Binance Labs and others.
2. Zest uses the Nakamoto upgrade of Bitcoin Layer 2 Stacks and the cross-chain asset sBTC to implement lending services native to the Bitcoin network.
3. The Nakamoto upgrade of Stacks shortens the block time and introduces sBTC, improving BTC liquidity and network performance.
4. Zest's lending solution is divided into a lending pool and a yield pool. The yield pool introduces a representative role of the capital pool, which is limited to institutional borrowers.
5. Binance Labs' investment in Zest Protocol shows its scarcity of investment in the Bitcoin ecosystem, and is optimistic about the development potential of the Stacks ecosystem.

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