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The DeFi ecosystem on Stacks is seeing increased activity with platforms like StackerDAO Labs and ZestProtocol offering opportunities for users to earn yields by lending aeUSDC. Stacking DAO has become the largest DeFi app on Stacks with over $90M TVL, providing innovative borrowing options. ZestProtocol is focusing on unlocking Bitcoin's potential in DeFi through lending markets, aiming to establish Bitcoin as a hub for DeFi protocols.
collateralized loans in DeFi are great because they encourage wealth-building (which is the opposite of what the credit industry does) have an unexpected event or shortfall? need a little extra before your paycheck next week? just borrow against your ETH and pay it back in a…
Bitcoin is more than an inflation hedge; it will become a hub for DeFi protocols. Zest is leading the way by unlocking Bitcoin potential in DeFi, starting with lending markets.
With a $90M+ TVL, Stacking DAO is now the largest DeFi app on @Stacks and across any Bitcoin L2. Though only a few months old, the protocol has become a cornerstone of the Stacks ecosystem. https://t.co/fF3g4xZNk0