Zest Protocol Unveils Automated Strategy Vaults for Bitcoin

Zest Protocol has launched a new feature called Stacks Vaults, which allows users to deposit a single asset and manage their yields on behalf. The first Stacks Vault will be based on the Bitcoin LST stBTC introduced by Stacking DAO.

The vault uses an stBTC loop strategy, where holders deposit stBTC, and it is used as collateral to borrow sBTC. The borrowed Bitcoin is then staked into stBTC, generating compound yields on top of basic Bitcoin staking rewards.