- Zest Protocol Launches BTCz with Babylon
- Unique Security Features of Stacks L2
- Future Plans and Expert Opinions
Zest Protocol announces the launch of BTCz for secure BTC staking by integrating Babylon on Stacks L2.
Zest Protocol Launches BTCz with Babylon
Recognized in Bitcoin DeFi, Zest Protocol announces the launch of BTCz, a new staking asset that allows users to earn yield on BTC. Combining Babylon protocol's technology and Stacks L2's capabilities makes BTCz the most secure BTC staking asset on the market. This is possible thanks to Babylon's advancements in trustless staking, which provides BTC yield through validating PoS systems.
Unique Security Features of Stacks L2
Stacks, the leading Bitcoin L2, offers unique security features for Zest Protocol. By using Stacks smart contracts, Zest Protocol can independently verify changes in BTC balances, enhancing staking assets' security. This allows BTCz to be the most secure staking asset BTC on the market. Progressive decentralization of BTCz towards a decentralized permissionless peg of sBTC also enhances security.
Future Plans and Expert Opinions
Zest Protocol intends to continue developing new BTC yield products on Stacks. Collaborating with leading investors and partners like Tim Draper’s Draper Associates, Binance Labs, and Trust Machines, the company is well-positioned for future growth. The combination of sBTC and BTCz will create a new paradigm for Bitcoin DeFi. Industry experts believe such innovations will contribute to the further growth and development of the Bitcoin ecosystem.
The new partnership of Zest Protocol with Babylon and Stacks L2 promises enhanced security and yield for BTC staking assets, opening new opportunities for Bitcoin DeFi.
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