800 BTC now sits on the Zest Protocol Stacks market.
Supplied, borrowed against, staked, and looped. The largest BTC lending market on @Stacks keeps compounding.
The Levered Bitcoin Staking Vault on @Stacks borrows one asset: sBTC.
Every loop pushes sBTC utilisation higher, and utilisation is what pays sBTC suppliers on Zest Protocol.
You do not need to use the vault to benefit from it.
Whales don't sell Bitcoin. They borrow against it.
39.95 of @StackingDao stBTC used as collateral, 922,823 USDC borrowed at 29.92% LTV. All on Zest Protocol @Stacks market.
The Levered @Stacks Bitcoin Staking Vault on Zest Protocol is now at capacity. 6-8% target APY.
Join the waitlist to get notified when deposits reopen.