Stacks Unveils 90-Day DeFi Incentive Program with Zest Protocol and Bitflow
Stacks has announced a 90-day incentive program in collaboration with Zest Protocol and Bitflow, set to kick off around September 19th when Bitcoin block 966,350 is reached. The initiative aims to encourage borrowing and liquidity provision on the Stacks platform by offering rewards.
Under this program, USDCx borrowers and liquidity providers will receive 1 BTC per month as incentives. This reward scheme covers borrowing against sBTC and STX, as well as providing liquidity in core USDCx pairs.
The defined incentive window can potentially enhance the economic returns for eligible participants, directing more attention and liquidity towards Stacks-based markets while the program is active.