Earn Bitcoin Yield on Mezo: Swaps, Vaults, and New Mezo Rewards Are Live

Mezo's journey began with a simple, powerful idea: to let you use your Bitcoin as a line of credit, without ever needing to sell. That core promise remains, but today, that journey expands.

We are thrilled to announce that we have expanded the pathways for your capital. Beyond borrowing, you can now put your assets to work through Swaps and the high-yield MUSD Vault. This is the next chapter in the circular Bitcoin economy.

To celebrate this expansion, we’re rewarding you with mats every step of the way.

New Mezo Rewards Are Now Live on Mainnet

To celebrate the launch of Swaps and the MUSD Vault, Mezo is introducing a slate of new mats incentives. Whether you repay your loan, swap for other assets, or put your capital to work, you'll be earning mats every step of the way.

Earn mats for Every Onchain Action

Here’s how you can start earning mats right now:

• Make Your First Swap
  • Launch Week Special: Earn 500 mats for your first swap. This offer is capped at the first 10,000 wallets. After the first week, the reward for a first swap will be 100 mats.
  • Requirements: To qualify, your wallet must contain at least $20 USD equivalent in bridged assets, and the swap amount must be at least 5 MUSD.
• Become a Swap Master (Launch Week Bonuses)
  • Rack up your cumulative swap volume during the campaign week to claim a one-off bonus for your wallet. These are first-come, first-served.
  • Sea Swapper: 1,000 mats
    • How: Achieve a cumulative swap volume between 500 and 1,000 MUSD.
    • Limit: Capped at the first 2,000 qualifying wallets.
  • Seismic Swapper: 2,500 mats
    • How: Achieve a cumulative swap volume greater than 1,000 MUSD.
    • Limit: Capped at the first 1,000 qualifying wallets.
• Mezo OG Booster: +50% on All Rewards
  • As a special thank you to our earliest supporters, if you deposited into Mezo before the mainnet release and have bridged your assets, you will automatically get a 50% boost for every reward mentioned above.

Note: mats rewards appear in your wallet after the underlying transaction has been verified. This usually takes a handful of blocks.

The MUSD Vault: A Bitcoin-Backed Savings Account That Pays

The second pillar of your earning strategy is the MUSD Vault, a high-performance savings account for your Bitcoin. Think of it as the ultimate "set-it-and-forget-it" strategy for passive growth. Deposit your MUSD with a single click and let your capital work for you.

Managed by August, a DeFi prime brokerage handling over $7 billion in monthly volume, the vault gives you access to sophisticated, institutional-grade strategies without the complexity. But this is far more than a simple savings account. Depositing into the MUSD Vault unlocks multiple layers of rewards:

• Base APY from the underlying strategy
• tBTC, growing your Bitcoin exposure
• Upshift Points, plugged into our DeFi partner network
• mats, earned from Mezo and Upshift

It’s stability, upside, and protocol-native rewards—all compounding, all at once. And it takes a single click to start.

How to Earn tBTC Yield on Mezo

Get ready for our biggest campaign yet! We're partnering with the pioneers at T Labs to give away $80,000 in tBTC.

The tBTC rewards are split into two distinct pools. Here’s exactly how each one works:

1. The Minter's Bonus (20% of the Pool)

This is a flat bonus designed to reward everyone who gets started. The rewards from this pool are split equally among all qualifiers.

• How to Qualify:
  1. Mint: Mint the minimum required amount of MUSD during the campaign.
  2. Deposit & Hold: Deposit that MUSD into the Vault and keep it there for the entire duration of the campaign.

2. The Vault Staker's Reward (80% of the Pool)

The majority of the tBTC rewards are distributed using a time-weighted model. This larger pool rewards you based on how much you deposit and how early you do it.

• How to Qualify:
  1. Deposit: Deposit any amount of MUSD into the Vault.
  2. Hold to the End: Your deposited funds must remain in the vault until the campaign concludes to be eligible for rewards.

At the end of the campaign, we add up all the points earned by all users. Your final tBTC reward from this pool is proportional to your share of the total points.

Note: Mezo OG Booster only applies to mats bonus, not the tBTC calculation

A Real-World Example: How Mezo Powers Your Life

Theory is one thing, but real-world results are what matter. Let's break down the recent journey of a community member who put the Mezo economic loop to the ultimate test.

• Step 1: The Collateral: This community member started with $8,500 worth of BTC in their wallet. This was their core asset, which they wanted to keep.
• Step 2: Accessing Liquidity: They then used that BTC to borrow 1,800 MUSD on Mezo. This immediately gave them cash-equivalent liquidity without selling a single satoshi of their Bitcoin.
• Step 3: Real-World Utility: They used 400 of their borrowed MUSD to buy gift cards and pay for their family's groceries. Their Bitcoin, while still in their possession, directly funded a real-world necessity.

The Result: Even after spending $400 on groceries, this user's financial position improved. When they checked their position, their initial $8,500 worth of BTC appreciated to over $9,257. If they were to close out their entire loan at that moment, their net position would be $8,654 plus the “free” groceries they had already enjoyed.

They didn't sell their Bitcoin. They lived off it while growing their net worth. This is the circular Bitcoin economy in action.

Get Started Today

The system is live. Swaps and the Vault are all earning. Join us on this journey as we build the circular Bitcoin economy in public, and get rewarded with mats along the way!

→ Deposit into the Mezo Portal
→ Explore Swaps and Vaults