Mezo announced the Bring Bitcoin Home initiative and allocated up to 2.5% of the total MEZO supply to incentivize early depositors in its pre-deposit vaults. The vaults will accept deposits of tBTC, cbBTC, WBTC, and USDT into Ethereum-based vaults. First deposits qualify for roughly 7% total APR. The program aims to migrate BTC liquidity from Ethereum DeFi back to a Bitcoin-native on-chain ecosystem.
Assets migrate automatically to Mezo’s Bitcoin-native infrastructure at the end of January, delivering fixed-rate borrowing, a fully Bitcoin-backed stablecoin, and yield from real on-chain activity. The move shifts BTC liquidity from Ethereum DeFi back onto a Bitcoin-native on-chain ecosystem. Mezo is designed to support borrowing, saving, and yield directly against BTC, without custodians, wrappers, or variable-rate markets. The system reflects early Bitcoin design principles, including concepts proposed by Hal Finney around Bitcoin-backed banking and redeemable digital currency.
The reward structure allocates up to 2.5% of the total MEZO supply to Bring Bitcoin Home, with early depositors earning boosted MEZO rewards starting at 5% incentive APR (about 7% total APR including base yield). Rewards are distributed on a first-come, first-served basis, and key dates include vaults opening today (Jan 12) with ~7% total APR, vaults locking on Jan 26, and vaults unlocking on Mar 23. Pre-deposit vaults are live at comehome.mezo.org, with further details in the Mezo Earn whitepaper.
About Mezo: Mezo is the on-chain Bitcoin banking experience controlled by its users. There are no loan officers, no banker hours, and no credit checks—just permissionless banking powered by a decentralized network that provides liquidity without selling Bitcoin. It offers familiar traditional financial services, such as borrowing, lending and saving, delivered through DeFi-native products powered by its Bitcoin-backed stablecoin, MUSD. Bitcoin holders now have a self-custodial banking solution tailored to their needs. Users can learn more at mezo.org.
About Thesis: Thesis is a pioneering venture studio dedicated to building on Bitcoin. Since 2014 Thesis has committed to building solutions focused on empowering individuals and communities through creation of market-leading products including Fold, Mezo, tBTC, Acre and Taho in its core portfolio of brands. Thesis continues to challenge traditional systems, driven by innovation and a belief in a sovereign digital future shaping the decentralized landscape one project at a time. To learn more, users can visit thesis’ site.
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