Portal to Bitcoin and Mezo: Cross-Chain Bitcoin

Portal to Bitcoin and Mezo are excited to announce a strategic partnership to strengthen the decentralized finance (DeFi) landscape through cross-chain technology. This collaboration marks a significant step in enhancing Bitcoin’s usability within the broader DeFi ecosystem.

The partnership focuses on integrating Portal’s cross-chain infrastructure into the Mezo ecosystem.

Today, users visiting the Mezo portal can create a Mezo account and deposit with the code "PORTL". Go to mezo.org/hodl-with/portal-to-bitcoin for the community code to be automatically applied:

What is Portal?

Portal’s AMM DEX uses atomic swaps to enable cross-chain interactions, providing users with secure, efficient, cost-effective solutions for engaging with Bitcoin and other blockchain assets. This design allows for fully custodyless asset pools, facilitating native-to-native swaps while users never give up the custody of their assets.

The initial plan focuses on integrating Mezo-native assets into the Portal DEX. This means fast, secure swapping with Bitcoin and other assets without relying on various touchpoints such as bridges, vaults, or wrapped assets.

This means Mezo users can perform transactions across multiple blockchains via the Portal DEX, broadening Mezo’s reach and use cases.

Portal’s Bitscaler infrastructure ensures fully decentralized execution while maintaining robust security measures, eliminating the need for intermediaries like bridge contracts or validator multisigs.

Get Started on matsnet

Mezo and Portal will help grow BitcoinFi capabilities, broadening the financial utility of Bitcoin. Deposit to Mezo with code "PORTL" and get started on matsnet today

Official Links:

👾 Discord: https://discord.mezo.org

🕊 X: https://twitter.com/MezoNetwork

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

ℹ️ Docs: https://info.mezo.org