Good news for Bitcoin maximalists! @upshift_fi, supported by @MezoNetwork, has launched the pre-release vault, which now accepts deposits in tBTC, cbBTC, and WBTC. This means BTC can be re-staked!
Currently, deposited BTC will be strategically allocated to mint MUSD (Mezo's Bitcoin-backed stablecoin) and provide liquidity for the Mezo ecosystem. Depositors can earn materials + partner points + actual returns (once launched on Mezo).
Deposits can be withdrawn after 48 hours, but the rewards will be reduced. By depositing into the pre-release vault, you can lock in the highest material rewards and ecosystem points. Early incentives are fixed—the earlier you join, the more rewards you earn.
With the triple role of stablecoin reserve + liquidity provider + ecosystem builder, it's equivalent to leveraging 1 BTC for 3 streams of returns! Definitely worth keeping an eye on!
Ready to earn on your BTC? Just deposit and chill.
Mezo pre-launch vaults powered by @upshift_fi are now live and accepting deposits in tBTC, cbBTC, and WBTC.
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