Binance has announced that its early-stage listing platform, Binance Alpha, will list support for Zest Protocol (ZEST) on May 19. As per the announcement, Binance will celebrate the launch of Zest Protocol with an exclusive airdrop for Alpha traders. 

The Binance Zest Protocol airdrop goes live on May 19 at 13:00 (UTC) for traders who hold Binance Alpha Points (APs). The airdrop is available on a first-come, first-served basis, and eligible Alpha traders will spend 15 APs to claim free 800 ZEST tokens.

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What is Zest Protocol (ZEST)?

Zest Protocol provides a decentralized lending market on Stacks, allowing users to earn yield on their Bitcoin in a non-custodial manner.

Bitcoin Yield and Lending. Zest Protocol

Zest Protocol is an innovative, institutional-grade decentralized lending and borrowing platform. It is built to scale Bitcoin’s native utility. Zest Protocol solves a fundamental problem in the crypto ecosystem: the lack of capital efficiency for idle Bitcoin. 

With Zest Protocol, you don’t need to let your BTC sit securely in cold storage or centralized platforms to generate returns. Zest Protocol fundamentally connects users looking to earn passive on-chain interest on their Bitcoin with borrowers who need liquid asset capital. 

By building directly on Bitcoin layer-2 infrastructures and utilizing smart contracts, Zest Protocol allows both lending and borrowing operations to be executed completely trustlessly, transparently, and securely on the blockchain.

Instead of wrapped variations or custodial middlemen, Zest Protocol introduces a secure infrastructure where Bitcoin can actively participate in money markets. The native governance utility token, ZEST, fuels this ecosystem, driving protocol decisions, managing risk parameters, and serving as an incentive layer for liquidity providers. 

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Binance Alpha Zest Protocol (ZEST) Airdrop Details

A Binance Wallet promotional banner featuring the launch and Airdrop of Zest Protocol that bring DeFi capabilities to the Bitcoin network.

Binance Alpha Zest Protocol Launch Banner. Image Credit: Binance Wallet

On May 19, Binance Alpha will become the first platform to support Zest Protocol. Trading for ZEST opens at 13:00. Application for the airdrop begins immediately. Below are the details of the launch and airdrop.

  • Project Name: Zest Protocol
  • Token Ticker: $ZEST
  • Primary Pair: ZEST/USDT
  • Airdrop Duration: May 19, 13:00 (UTC)
  • Airdrops Rewards: 800 $ZEST Tokens
  • Platform: Binance Alpha
  • Eligibility Requirements: 240 Binance Alpha Points (APs)

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How To Participate in the Binance Alpha Zest Protocol Airdrop Campaign

For Alpha traders who hold at least 240 Binance Alpha Points, when Zest Protocol lists on Alpha, you can do the following to claim free $ZEST tokens:

  • Connect Your Wallet: Click the wallet tab on the homepage of your Binance App. Ensure your Binance Web3 Wallet is active. 
Connecting Binance Wallet

Source: Binance Wallet

  • Applying: Enter the Airdrop section of your Binance Wallet, and locate Zest Protocol.
Alpha Airdrop in Binance Wallet

Source: Binance Alpha on Binance Web 3 Wallet

  • Claiming: locate $ZEST and click Claim, and you have successfully applied for the free airdrop. 

Note that claiming this airdrop will cost you 15 APs. You will receive 800 ZEST tokens directly to your Binance Alpha account within 24 hours. 

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Final Thoughts

Zest Protocol is repositioning Bitcoin from a passive store of value into an active, yielding financial engine. With Binance Alpha support and strong investor backing, Zest is a project many crypto users are adding to their watchlists. The Binance ZEST Alpha airdrop now gives traders a great chance to claim free ZEST tokens.