SolvBTC and Mezo launch new mine, with an estimated annualized return of up to 109%
Recently, SolvBTC and SolvBTC.BBN launched by Solv Protocol have brought new mining opportunities, this time in cooperation with the Mezo project. Mezo is a highly anticipated Bitcoin second-layer network project that has successfully raised $28 million. By staking SolvBTC or SolvBTC.BBN, users can participate in Mezo's staking activities and obtain accelerated mining returns. The annualized rate of return (APY) of this program is expected to reach 109%, which has attracted a lot of attention.
The specific steps to participate are as follows:
Go to the official website of Mezo (mezo.org/hodl-with/solv), enter the exclusive password "SOLV1", and stake SolvBTC or SolvBTC.BBN.
After the staking is completed, you can get the following rewards:
1. Solv points reward: staking SolvBTC to get 6xp, staking SolvBTC.BBN to get 12xp.
2. Basic mats reward: 1000 mats/BTC
3. Lock-up reward acceleration:
Depending on the length of the lock-up period, the reward multiples are different:
2 months lock-up: 3 times reward
6 months lock-up: 10 times reward
9 months lock-up: 16 times reward
4. Extra double mats reward acceleration provided by Solv.
The Solv protocol is invested by Binance, and the platform's total lock-up value (TVL) has exceeded US$1.4 billion, holding more than 20,000 BTC. Its strong background and technical strength have enabled it to occupy an important position in the industry. The Solv ecosystem has not only carried out in-depth cooperation with well-known protocols such as Babylon and Ethena, but also established close cooperative relations with more than a dozen public chains and more than 20 DeFi projects. Bitcoin's second-layer network and DeFi protocols have launched mining projects related to SolvBTC and SolvBTC.BBN. Take your solvbtc, a universal golden shovel