ZEST is the native token of Zest Protocol, a decentralized lending platform operating within the Bitcoin and Bitcoin layer-2 ecosystem. Built on Stacks, a layer-2 network that enables smart contract functionality for Bitcoin, the protocol extends its services across multiple Bitcoin L2s and is expanding toward Bitcoin L1 through the use of Bitcoin Collateral Vaults. This infrastructure allows users to lend and borrow digital assets in a decentralized manner backed by Bitcoin-related collateral. Functioning within the broader Decentralized Finance (DeFi) landscape, Zest Protocol is categorized as a lending and borrowing protocol. It is part of the Stacks ecosystem and the BNB Chain ecosystem, and is included in the portfolio of YZi Labs (formerly Binance Labs). The ZEST token is used to support the protocol's operations and governance within its platform, providing utility for participants interacting with the lending services offered. By bridging Bitcoin liquidity with DeFi capabilities, Zest Protocol aims to expand the practical use cases of Bitcoin assets in decentralized financial applications.
The economics of a single on-chain sniper trade — bribe fee, entry, exit, realized P&L — laid out in one wallet's footprint, with the bribe alone outpacing the profit.
$ZEST is the native token of Zest Protocol, the leading lending protocol across Bitcoin L2s and now expanding to Bitcoin L1 with Bitcoin Collateral Vaults.
Zest Protocol (ZEST) is categorised as: Decentralized Finance (DeFi), BNB Chain Ecosystem, Lending/Borrowing Protocols.
The official Zest Protocol site is https://www.zestprotocol.com/.
Most recent Zest Protocol coverage: "Sniper pays 536 BNB ($343K) bribe to snipe $ZEST at launch" — read at /en-US/a/sniper-paid-343k-in-bribes-to-front-run-zest-launch-walked.
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