M^0 and Mezo: Bringing Real Yields to BitcoinFI
We're excited to announce our collaboration with M^0! This integration allows wrapped M holders to deposit into Mezo and start earning mats.
We're excited to announce our collaboration with M^0! This integration allows wrapped $M (wM) holders to deposit into Mezo and start earning mats.
On Mezo, $M will be a core part of the BitcoinFi ecosystem, helping to bring scaleable yield onchain.
Users visiting the Mezo portal can deposit with the code "MZERO" today! Go to mezo.org/hodl-with/mzero for the community code to be automatically applied:
What is M^0?
M^0 is a decentralized infrastructure layer and a corresponding framework of off-chain standards designed to power a new generation of stablecoin issuance.
It allows "Minters" to create $M, a stablecoin backed by real-world collateral, primarily short-term U.S. Treasury bills. Validators, independent entities connected to the M^0 protocol, constantly verify the offchain collateral, ensuring transparency and security. This process is governed by the “Two Token Governor,” which coordinates the ecosystem’s decentralized governance.
$M is an immutable, permissionless stablecoin backed by high-quality collateral held in secure, bankruptcy-remote off-chain facilities. Once issued, $M can be traded, bought, or sold. It serves as an on-chain representation of the U.S. dollar, offering stability and utility across DeFi platforms.
We’re excited to add $wM to the BitcoinFi family and continue our mission of expanding Mezo with innovative, reliable assets.
Links
👾 Discord: https://discord.mezo.org
🕊 X: https://twitter.com/MezoNetwork
🏦 Deposit Portal: https://mezo.org/hodl-with/m-0
ℹ️ Docs: https://info.mezo.org