How to lock BTC
Locking BTC gives you a veBTC NFT, which grants voting power, protocol fees, and governance rights. See the veBTC Overview for details on what you earn.
Prerequisites
Section titled “Prerequisites”Before locking BTC, ensure you have:
- BTC deposited on Mezo
- A connected wallet
- Sufficient BTC for gas fees
See the Getting Started section for guidance.
Navigate to Lock
Section titled “Navigate to Lock”-
Open the Mezo app
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Click Lock in the left sidebar (under “Earn”)
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You’ll see your eligible assets
Initiate Lock
Section titled “Initiate Lock”Find the BTC asset card showing your available balance and click Lock. A lock configuration modal appears where you’ll configure your position.
Amount: Enter the amount of BTC you want to lock. You can lock any amount up to your available balance.
Duration: Select your lock duration from 1 to 28 days. Longer locks maintain higher voting power for longer periods. The interface shows your estimated initial veBTC voting power, which represents your weight at the start of the lock.
Confirm Transaction
Section titled “Confirm Transaction”Review your lock details:
- BTC amount
- Lock duration
- Initial veBTC weight
- Lock expiration date
Click Confirm Lock, approve the transaction in your wallet, and wait for blockchain confirmation.
View Your Position
Section titled “View Your Position”After confirmation, view your lock details under the Lock page, including:
- Current voting power (decays over time)
- Lock expiration date
- Options to extend your lock
Next Steps
Section titled “Next Steps”Once you have veBTC, you can:
- Vote on gauges to earn fees and direct mats emissions
- Extend your lock to maintain voting power