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Al-Driven Crypto Investment Research Revolution
Zest Protocol
A solution that separates yield and price volatility
zestprotocol
Twitter
Categories:
DeFi
Derivatives
Founded:
2023
Zest, similar to Pendle, but separates yield from asset price volatility. Users can deposit Blast_ETH to borrow stablecoin zUSD (a yield-bearing stablecoin), earning leveraged Blast_ETH native yield. Another product is mirror ETH token (leveraged ETH derivative), offering users on-chain leveraged ETH derivatives. Pendle separates the yield and principal of yield-bearing assets, and Zest separates the yield and price volatility of yield-bearing assets.
Zest Protocol Fundraising
Seed
Amount
--
Valuation
--
Date
Mar 01, 2024
Investors
Youbi Capital*
Investor
YZi Labs
Singapore
United Arab Emirates
Bitcoin Frontier Fund
United States
Hyperithm
Japan
Flow Traders
Asymmetric
United States
Primal Capital
Tim Draper
Elixir Capital
Tykhe Block Ventures
United States
Youbi Capital
Chinese Mainland
Gossamer Capital
DeSpread
Korea
Trust Machines
United States
Scimitar Capital
News
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Zest Protocol
A solution that separates yield and price volatility
zestprotocol
Twitter
Categories:
DeFi
Derivatives
Founded:
2023
Zest, similar to Pendle, but separates yield from asset price volatility. Users can deposit Blast_ETH to borrow stablecoin zUSD (a yield-bearing stablecoin), earning leveraged Blast_ETH native yield. Another product is mirror ETH token (leveraged ETH derivative), offering users on-chain leveraged ETH derivatives. Pendle separates the yield and principal of yield-bearing assets, and Zest separates the yield and price volatility of yield-bearing assets.
Zest Protocol Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
Seed----Mar 01, 2024
Youbi Capital*
Investor
YZi Labs
Singapore
United Arab Emirates
Bitcoin Frontier Fund
United States
Hyperithm
Japan
Flow Traders
Asymmetric
United States
Primal Capital
Tim Draper
Elixir Capital
Tykhe Block Ventures
United States
Youbi Capital
Chinese Mainland
Gossamer Capital
DeSpread
Korea
Trust Machines
United States
Scimitar Capital
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