Zest Protocol Publishes On-Chain Proof of Bitcoin Collateral Vaults Mainnet Demo

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Zest Protocol has published on-chain news alongside its mainnet demo of Bitcoin Collateral Vaults. The demo includes 3 Bitcoin transactions and 7 Ethereum transactions for independent verification. The design locks BTC directly on the Bitcoin mainnet, enabling stablecoin borrowing on EVM chains. This feature is a mainnet prototype and is not yet open for deposits. The roadmap includes pre-signed transactions in Phase 1 and BitVM validation in Phase 2. A working prototype is live, with full deployment currently underway. This update brings new Bitcoin developments to the DeFi space.

BlockBeats report, on September 23, the Bitcoin lending protocol Zest Protocol released its "Proof of Mainnet Deployment," making the Bitcoin Collateral Vaults mainnet demonstration independently verifiable, with a total of 3 Bitcoin transactions and 7 Ethereum transactions publicly disclosed. The product design locks BTC in Bitcoin mainnet vaults without wrapping or using cross-chain bridges, while enabling borrowing of stablecoins on EVM chains such as Ethereum.


This feature is still a mainnet prototype and not fully open for lending and borrowing. The official roadmap will proceed in two phases: Phase 1 will restrict BTC settlement paths using pre-signed transactions, and Phase 2 will transition to BitVM verification. A working mainnet prototype is already available, and the team is accelerating the official deployment.

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