Vladyslav
@chillyfame
๐1/4 BORROW REWARDS JUST DID a 100X.. There is a new easy way to earn mats on MEZO. You can earn mats simply by creating and maintaining an mUSD loan. The core process remains unchanged: 1. Deposit BTC Collateral: Lock BTC on Mezo and earn mats. 2. Burn mats for sats: Convert earned mats into testnet sats.
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Vladyslav
@chillyfame
๐ 2/4 3. Borrow mUSD: Mint mUSD against your collateral sats. 4. Monitor Your Ratio: Stay above 150% collateralization to avoid liquidation. 5. Minimum Borrow Requirement: You must borrow at least 2,000 mUSD to open a new loan.
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Vladyslav
@chillyfame
๐ค 3/4 Now, hereโs the upgrade: Earn mats Automatically: For every mUSD borrowed, you accrue mats rewards. Existing Loans Qualify: If youโve already borrowed mUSD, your rewards start accumulating on February 11th. Perpetual Growth: Cover your earned mats into sats and repeat the cycle.
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Vladyslav
@chillyfame
๐ 4/4 Example: Borrow 10,000 mUSD โ Earn 10,000 mats. Burn 10,000 mats โ Get 100,000 sats (testnet). Deposit 100,000 sats โ Borrow ~90,000 mUSD (at 110% collateral ratio). Now youโre earning mats on 100,000 mUSD (original + new borrow).
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