Route 2 FI
Route 2 FI|May 20, 2025 15:01
If you’re looking to do more with your Bitcoin without ever selling it, Mezo is building exactly what you need. Imagine being able to unlock the full potential of your BTC while still holding onto your coins. That’s what Mezo’s all about: it’s your gateway to a Bitcoin-powered DeFi world. Mezo is a Bitcoin-focused platform purpose-built to make Bitcoin an integral part of DeFi. It allows users to earn benefits (i.e., collateral, yield) from their BTC without selling it. At the heart of this ecosystem is MUSD, Mezo’s own stablecoin. Think of MUSD as “DAI for Bitcoin”-it’s stable, decentralized, and completely trustless. Every MUSD is backed by real BTC, with a peg to the US Dollar. You mint MUSD by locking up your Bitcoin as collateral, using a MakerDAO-style system that keeps everything over-collateralized and secure. You have 2 ways to get it: 1. Mint MUSD directly on @MezoNetwork by depositing BTC as collateral 2. Buy it on the Mezo DEX or from partner markets Early users will be able to borrow MUSD at fixed rates as low as 1% APR at launch, eliminating unpredictability when it comes to borrowing costs. One of the best parts? You can borrow against your BTC with zero middlemen. There’s no KYC, no credit check, and no hoops to jump through- just instant, smart contract-powered borrowing. You stay in full control of your Bitcoin and keep all the upside, while still getting access to spendable dollars. Plus, there’s no forced repayment or loan maturity date, so you can borrow on your own terms. Once you’ve got MUSD in your wallet, you can put it to work right away. Just drop it into the MUSD Vault and let Upshift handle the rest: You don’t have to worry about managing liquidity or chasing yield-Upshift takes care of everything, running strategies like Mezo-native DEX liquidity pools, a passive MUSD Saver Rate, and cross-protocol yield farming with partners like Velar. It’s a hands-off way to earn more, just by holding and depositing your MUSD. The MUSD strategies will go live once mainnet launches later this month. Mezo is making it possible to dive into Bitcoin-native DeFi without ever giving up your Bitcoin. You get to participate in a plug-and-play ecosystem of trading, savings, and liquidity, all powered by your BTC. Mezo is making it possible to dive into Bitcoin-native DeFi without ever giving up your Bitcoin. You get to participate in a plug-and-play ecosystem of trading, savings, and liquidity, all powered by your BTC. And if you want to get in early, Mezo’s pre-launch BTC Vaults on Ethereum let you deposit wrapped BTC and start earning yield immediately-even before mainnet goes live. Link: https://app.upshift.finance/pools/1/0x8AcA0841993ef4C87244d519166e767f49362C21 You’ll get upBTC as a receipt token, which proves your vault position and will soon unlock even more DeFi possibilities across Ethereum, eg. Pendle :) To summarize it: MUSD is Mezo’s native, over-collateralized, Bitcoin-backed stablecoin, pegged 1:1 to the US Dollar. It uses a MakerDAO-style CDP model, meaning each MUSD is minted by locking up BTC as collateral. You pay 1% APR to borrow, and once you hold MUSD, you can deposit it into the MUSD Vault to earn passive yield.
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