Zest Protocol: Suspends New Borrowings Due to Binance Security Incident; Existing Positions Remain Overcollateralized

on October 30, Zest Protocol stated that, out of caution, the platform has suspended new borrowing operations following the Binance security incident. All lending positions on the platform currently remain overcollateralized, the market is operating smoothly, and Zest Protocol products have no exposure to Binance. This suspension is intended to protect users, and the platform expects to gradually resume borrowing services in line with the broader industry.