Zest Protocol: New Borrowing Paused After Binance Incident, Protocol Has No Binance Exposure
Oct 30, 15:43
October 30: Bitcoin lending protocol Zest Protocol said in a post on X that, out of an abundance of caution, it paused new borrowing after the Binance incident. Its positions remain overcollateralized and the market is healthy, and Zest Protocol's products have no exposure to Binance. Zest said the move is intended to protect users and that it will resume borrowing soon, in step with the broader ecosystem.