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Mezo Documentation

Borrow and Mint mUSD

mUSD (Mezo USD) is available on Mezo matsnet. You can use your testnet BTC to Borrow and Mint mUSD for testing and development.

Before you begin

Before you can get testnet mUSD, you must complete the following steps:

  • Go to mezo.org and click Log in to connect to your Mezo account.
  • Connect an Ethereum wallet to Mezo matsnet. See the Connect to Mezo matsnet guide for instructions.
  • Get testnet BTC on matsnet. See the Stack matsnet BTC guide to learn more.

Borrow and mint

After you are logged into mezo.org on an account with testnet BTC, you can borrow mUSD.

  1. In your browser, open mezo.org/matsnet/borrow.

  2. Click the Let’s Go button to start the borrow process.

  3. Specify the amount of mUSD you want to borrow and the amount of BTC you want to use as collateral.

    A screenshot showing an example borrow amount of 2000 mUSD with 0.0005 BTC as collateral

  4. Click Review to open the summary before you confirm.

  5. Check the summary details to confirm the information is as you expect.

  6. Ensure that your browser wallet is actively set to Mezo matsnet.

  7. When you are ready to proceed with the Borrow and Mint process, click Confirm. Your browser wallet prompts you to confirm the transaction and pay the gas fees using BTC on matsnet.

After the process is complete, you can check the loan status on mezo.org/matsnet/borrow.

A screenshot of the loan status screen