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Mezo
Mezo is a Bitcoin Economic Layer that allows users to access applications and yield on their idle Bitcoin. It is designed to be a permissionless layer that leverages users' locked Bitcoin to secure the network.
Distributed
Description
Mezo is a Bitcoin Economic Layer, a new home for your idle Bitcoin to be put to work. It acts as a permissionless layer that leverages users' locked Bitcoin to secure the network through a novel consensus mechanism called HODL Proof. This mechanism allows users to earn yield on their Bitcoin holdings while contributing to the network's security. Mezo aims to provide a platform for building applications and fostering a thriving ecosystem on top of Bitcoin, enabling functionalities like DeFi, payments, and more, without requiring users to bridge their assets away from the Bitcoin network.Grant Funding
VC Funding
None
2024
$0
$29M