What is Mezo?
The Mezo Portal is open today for various Bitcoin and Bitcoin-backed stablecoin deposits.
Mezo is Bitcoin’s economic layer, which allows Bitcoin holders to cultivate their Bitcoin. It bridges Bitcoin and decentralized finance (DeFi), traditional finance, and real-world applications.
Key objectives and benefits:
- Enable Bitcoin holders to participate in DeFi activities without losing exposure to BTC
- Provide a platform for Bitcoin-denominated financial services and applications
- Maintain strong economic security through integration with tBTC and Bitcoin’s core principles
- Foster a community-driven ecosystem for Bitcoin cultivation and innovation
- Offer seamless user experiences for both end-users and developers
Mezo Design Architecture:
- tBTC Integration & Multi-Chain Support: Mezo is built on tBTC, the largest decentralized Bitcoin bridge in production. By robustly tokenizing Bitcoin, holders can utilize their Bitcoin across EVM chains.
- Bitcoin-First Design: Mezo is specifically designed for Bitcoin holders, emphasizing user ownership and alignment with Bitcoin’s core principles.
- BTC for Gas: This unique feature allows users to pay transaction fees in BTC, maintaining a pure Bitcoin experience and advancing Bitcoin as a cultural payment currency.
- Dual Staking Model: Combines rewards and validation to incentivize network participation and security.
- BitcoinFi Ecosystem: A suite of Bitcoin-native financial applications, including lending, borrowing, and yield generation.
- Real-World Applications: Tools and protocols to bridge BitcoinFi with traditional finance and business operations.
- Developer-Friendly Environment: Supports Ethereum and Cosmos developers.