⏳ Time is almost up! MEZO airdrop claims closes this week.
Claim close: June 17th 23:59 PM UTC.
Claim it, lock it, vote on gauges, direct fees from BTC activity to the pools you choose.
Claim MEZO 🔽
https://t.co/PVdUHpC4Fu
Mezo’s veBTC yield-boosting design now has a dedicated coordination market to earn more: @MatchboxMarkets
The mechanic: locking BTC for veBTC earns fees (0.03% currently), but you can get up to a 5x boost if you lock MEZO tokens.
The situation: BTC depositors want yield without holding MEZO tokens; MEZO holders want to monetize their locked power without supplying BTC. Because BTC is the scarce asset today, so a market has opened up, sharing revenue with MEZO holders.
- BTC depositors get up to 5x boosted yield directly.
- MEZO lockers take a cut of the boosted yield.
Matchbox (https://t.co/h7rw5rTIJF) matches these two sides
Bitcoin DeFi without permission means tools get built by whoever needs them. Matchbox is one of those. Community-built.
It runs on Mezo Earn so veBTC and veMEZO lockers can find each other.
Check it out 🔽
https://t.co/Vk5qLSHoeh
The small wallet example used here is one of mine. I did a small experiment try to and show that Mezo’s matching market enables dual income stream for voters.
I ended up earning net 7% APR on my BTC. Yes that is btc yield paid out in btc.
Here’s how:
Last week at @TheBitcoinConf, @mhluongo explained how stablecoins are a gateway to giving Bitcoiners what their looking for in low-fixed rate borrowing, yield, and security.
Pretty sure this is what @brian_armstrong means when he says, “Non-technical teams are now shipping production code and many of our workflows are being automated.” Keep up that good workflow @coinbase 🫡