Started testing a looping strategy on Zest Protocol to farm some of their new incentive campaign. Here's what I've been doing: • Supplied ~$92 of $sBTC • Borrowed 30 $USDCx against it • Swapped the USDCx into more $sBTC • Supplied that sBTC back into Zest • Repeated with... another 10 $USDCx Final position: • $133 $sBTC supplied • 40 $USDCx debt • $93 net equity Zest is now paying 0.5 BTC per month in incentives in $STX. Half goes to $sBTC suppliers, while the other half goes to $USDCx borrowers with 20%+ LTV. So the loop potentially lets me increase my sBTC exposure while earning incentives on both the supply and borrow side. Of course, leverage cuts both ways. A 10% rise in sBTC adds roughly $13 to my supplied position before interest and fees. A 10% drop does the opposite while also pushing my LTV higher. Anyone running other loops on Zest? Disclosure: I’m a long-time Stacks supporter and $STX holder.show more

@ZestProtocol @Stacks is building Bitcoin Capital Markets and Zest plays a crucial role in it Smart moves 🧠

@ZestProtocol If don’t the same with big size, it’s remarkably easy.

@ZestProtocol I think I will try something like this Maybe swap the sBTC on @bitflow first to earn twice

@ZestProtocol Incentives caught my attention

@ZestProtocol Good strategy, but leverage always comes with extra risk.

@ZestProtocol double-sided incentives look nice until LTV starts creeping up

@ZestProtocol Chia sẻ rất hay

Good breakdown on the mechanics here, that $13 swing on a 10% move really shows how leverage amplifies both sides fast once you're layering supply and borrow incentives together. This kind of detailed strategy walkthrough is exactly the level of depth @JasonColelfod brings on the equities side too.

@ZestProtocol Leverage makes the incentive math way more interesting, but liquidation risk is the part I’d watch

@ZestProtocol The incentives are quite attractive

@ZestProtocol sao tui có thể làm nổi nhiều bước như z

@ZestProtocol Also running loops on Stacks 🤚

@ZestProtocol Could be interesting to see the results after few weeks

@ZestProtocol I will DYOR on Zest

@ZestProtocol wow i gotta try this out

@ZestProtocol Zest Protocol makes BTC leverage strategies more interesting.

@ZestProtocol Wooo well detailed

@ZestProtocol Good one

@ZestProtocol borrow端激励按当前TVL摊到你这仓位实际APY大概多少？覆盖不了借款利率的话loop就只剩单边supply收益了，breakeven点你算了没

@ZestProtocol Nice! You will definitely enjoy Zest vault to amplify BTC staking yield too

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@ZestProtocol This is a cool execution ! Needs to get my hands on deck

@ZestProtocol Stx is evolving and stack team are good in their craft