Foresight News reports that the Bitcoin financial network Mezo announced on Twitter that the first phase token distribution plan is now live. The community airdrop accounts for 5% of the total supply, with approximately 2% allocated in the first phase, totaling 19,824,782 MEZO tokens. Among over 100,000 registered users, 11,845 addresses have met the minimum claim threshold of 60 MEZO, with 13% of these addresses choosing to lock their tokens as veMEZO. Details of the second phase will be announced in the coming weeks. Users who did not participate in the first phase registration still have the opportunity to qualify through subsequent registrations.
The distribution weight in the first phase emphasizes ongoing on-chain activities such as cross-chain transfers to the mainnet, asset swaps, lending, providing liquidity, participating in vaults, and veBTC-related activities. Distribution points (mats) are divided into two seasons: the first season (March 2024 to May 2025) has an exchange rate of 1 MEZO = 679.9 mats; the second season (May 2025 to January 2026) has an exchange rate of 1 MEZO = 36.78 mats. Addresses participating in both seasons will receive a 25% basic distribution bonus.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Iran to Implement Bitcoin Payment for Tanker Transit Tolls
Gate News message, according to the Financial Times, Hosseini stated that Iran will charge tanker transit tolls in Bitcoin. This marks a shift in the country's payment methods for maritime transit fees.
GateNews10m ago
Cango discloses selling 2,000 BTC in March, and its Bitcoin holdings drop to 1,025.69 BTC
Gate News , April 8, U.S.-listed Bitcoin miner Cango released a March operational update report. The report shows that in March, the company produced 27.98 BTC from self-mining and completed a strategic sale of 2,000 bitcoins, with the proceeds used to repay BTC-backed loans. As of the end of March, the company’s outstanding Bitcoin-backed loan total was $30.6 million, and its Bitcoin reserves fell to 1,025.69 BTC.
GateNews36m ago
Bitcoin ETF Sees Bank-Level Players: A Deep Dive into Morgan Stanley MSBT Listing
Morgan Stanley Bitcoin Spot ETF (MSBT) began trading on the NYSE Arca on April 8, becoming the first large commercial bank in the U.S. to launch a Bitcoin ETF. The 0.14% fee rate set a new market low record.
InstantTrends42m ago
BlackRock transferred 8,513 ETH and about 417 BTC to a certain CEX, with a total value of approximately $49 million
Gate News, on April 8, according to data monitored by Arkham, about an hour ago, BlackRock transferred 8,513 ETH worth $19.14 million to a certain CEX address via its Ethereum exchange-traded fund ETHA; additionally, it transferred 416.654 BTC worth $29.86 million to a certain CEX address via its Bitcoin exchange-traded fund IBIT.
GateNews1h ago
Exodus Movement 3 月末 BTC 持有量增至 628 枚，SOL 增至 17,541 枚
Gate News message. On April 8, publicly listed self-custody crypto company Exodus Movement released updated data on its digital asset holdings as of the end of March. The data shows that the company’s Bitcoin holdings increased to 628 coins (a net monthly gain of 18 BTC), its Ethereum holdings increased to 1,857 coins (a net monthly gain of 17 ETH), and its Solana holdings increased to 17,541 coins (a net monthly gain of 1,847 SOL).
GateNews1h ago
