New BTC lending option: This project uses a dual-token mechanism to earn up to 34% interest on your Bitcoin

HashBard · 2026-01-22T04:00:11+00:00

Mezo has launched a decentralized lending layer centered around BTC, allowing users to collateralize Bitcoin for borrowing and issuing stablecoins, forming a self-sustaining economy. Using a dual-token architecture, locking BTC can earn veBTC and enjoy BTC fee revenues, while locking MEZO can multiply returns and grant governance rights. The total supply is 1 billion tokens, with 40% allocated to the community. Eligible users can participate in airdrops. The annualized return can reach up to 34%, but potential risks should be noted.

HashBard

2026-01-22 04:00:11

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【Crypto World】Recently, a DeFi project has made a significant move. Mezo officially launched a decentralized lending layer centered around BTC, allowing users to collateralize Bitcoin for borrowing, and directly issue stablecoins, forming an on-chain self-sustaining economy.

The project adopts a dual-token architecture—sounds complicated, but the logic is quite clear. Locking BTC will earn you veBTC, which generates BTC fees from network operations; if you also lock MEZO tokens, your BTC earnings can be multiplied by 5, and you gain governance rights related to incentives.

MEZO has a total supply of 1 billion tokens, with 40% directly allocated to the community. The airdrop targets are interesting—if you have borrowing records on leading lending platforms like Aave, MakerDAO, or Compound, you are likely on the list. The project provides a web portal where you can check your eligibility and even pre-deposit if qualified.

The annualized yield is also quite attractive, currently reaching up to around 34%. Of course, DeFi yields often come with risks, so be aware of that.

BTC0,18%

AAVE-0,16%

COMP-1,15%

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ConfusedWhale

· 01-22 04:30

A 34% return sounds appealing but a bit suspicious --- The dual-token mechanism is back again. How long can this trick last? --- Airdrop to Aave users, I actually qualify, a bit surprised --- BTC earning up to 34%, oh my god, if it runs away I’ll be crying to death --- Locking MEZO yields five times? Let’s see how the liquidity looks first --- Another stablecoin self-circulation. Who still believes in this these days? --- I just want to ask, how is Mezo’s security audit? Is there a big V endorsement? --- Self-circulating economy sounds official, but how is it actually implemented? --- Is 34% real? I haven’t seen such high returns in the community that haven’t exploded over the years --- I checked it directly, and I really qualify for the airdrop. Let’s give it a try

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PoolJumper