Curve and Mezo: Building BitcoinFi with crvUSD

We're excited to announce our collaboration with Curve!

Users visiting the Mezo portal can deposit with the code "CURVE" to earn:

• Individual Mezo mats
• Boosted BTC mats
• Curve community bonus mats

Go to mezo.org/hodl-with/curve for the community code to be automatically applied:

crvUSD

crvUSD is a dollar-pegged stablecoin that can be minted using various collateral types (ETH, wstETH, WBTC, tBTC, etc.). The system passively manages positions: if the collateral value decreases, it's converted to crvUSD (soft liquidation), and if it increases, crvUSD is converted back to collateral (de-liquidation).

To maintain its $1 peg, crvUSD is always overcollateralized and uses stabilization mechanisms like adjustable borrow rates and Peg Keepers. Peg Keepers manage crvUSD supply by trading it in Curve pools to balance the stablecoin's value.

Deposits made through the "CURVE" invitation code will be eligible to receive a monthly distribution of Curve's community bonus points. The bonus is 21% of all deposits made with the CURVE code.

Curve is a cornerstone of DeFi, and we're thrilled to work with them to make Bitcoin-backed stables productive.

Links

👾 Discord: https://discord.mezo.org

🕊 X: https://twitter.com/MezoNetwork

🏦 Deposit Portal: https://mezo.org/hodl-with/curve

ℹ️ Docs: https://info.mezo.org