Comment on page
The solution is an on-chain BTC lending market that runs on smart contracts that are secured by the Bitcoin blockchain itself. Enter Zest Protocol.
Zest Protocol reduces counterparty risk by holding capital and issuing loans transparently on chain. Zest Protocol relies on smart contracts to handle pooled funds rather than opaque unaudited balance sheets. Anyone can check on the funds at any time, as well as the open source smart contract code that moves the funds around.
Zest Protocol features two types of pools:
- Earn pools, where users earn a yield on their BTC
- Borrow pools, where users borrow against their BTC