Zest Unveils BTCz, a Liquid Staking Token for Bitcoin Holders
CryptoNewsTerminal Staff05 Sep, 2024
Zest Unveils BTCz, a Liquid Staking Token for Bitcoin Holders
Zest, a prominent Bitcoin lending protocol, has announced the launch of BTCz, its liquid staking token. This new token enables holders to earn BTC staking rewards through the Babylon BTC staking protocol. BTCz holders will benefit from the flexibility of liquid staking, allowing them to maintain exposure to Bitcoin's value while earning staking rewards. The Babylon BTC staking protocol provides a secure and efficient platform for staking, offering competitive yields for participants. Zest's liquid staking token aims to bridge the gap between the traditional staking model and the fast-paced world of decentralized finance. By introducing BTCz, Zest empowers users to maximize their Bitcoin holdings while maintaining liquidity and earning passive income.
