Your Guide to Redeeming stBTC Deposits
Effective immediately, stBTC minting is no longer active in the Mezo Portal.
The stBTC phase is concluded, streamlining pathways for growth and preparing the ground for the Mezo testnet. For those who’ve participated in this journey by minting stBTC and depositing crv-stBTC into the Portal, this is a guide to effortlessly unlocking your assets.
After you unlock deposits, make sure you've filled out the matsnet Alpha early access form.
Note: Redeeming your stBTC will not change the underlying deposits. Your WBTC or tBTC used to mint stBTC will continue to earn daily mats.
What’s Changing?
Effective immediately, stBTC minting is no longer active in the Mezo Portal.
Returning stBTC is free. If you deposited crv-stBTC, you'll have to wait for the lock period to expire before returning your assets. This adjustment aligns with supporting a secure and adaptive ecosystem ready to meet new demands and minimize risks as we prepare for testnet.
Steps to Conclude Your stBTC Cycle
- Withdraw crv-stBTC Deposits:
- Visit the Mezo Portal to view and withdraw your crv-stBTC balances, which will be accessible once your lock period expires.
- Return stBTC with No Fees:
- After unlocking, you may exchange stBTC without any fees.
A Look Ahead
Mezo testnet is coming...very soon. We’re excited to introduce a host of matsFi updates and new ways to get active in the Mezo community.
If you minted stBTC and participated in our early journey of building out BitcoinFi, thank you for being a vital part of Mezo. We’d love to invite everyone to participate in day one of Mezo testnet.
You can sign up for early access by filling out this form. Stay tuned for more details!
Links
👾 Discord: https://discord.mezo.org
🕊 X: https://twitter.com/MezoNetwork
🏦 Deposit Portal: https://mezo.org/hodl-with/testnet-alpha
ℹ️ Docs: https://info.mezo.org