Guide to a New Bitcoin Layer 2 Project: How to Participate and Receive Rewards

A revolutionary project in the crypto space has recently been making waves in the community. Since its launch in April 2024, the project has attracted over 100,000 users, including thousands of BTC deposits and wallet connections via platforms like Xverse and MetaMask. This impressive growth has sparked discussions about the project's unique features, upcoming token listing, and potential price movements.

This comprehensive guide covers everything you need to know about this new Bitcoin Layer 2 project: from features and how to participate in the airdrop to price predictions and how to buy tokens after listing. Read on to learn how you can get involved and potentially benefit from this trending project.

What is this New Bitcoin Layer 2 Project?

This project is a Bitcoin Layer 2 economic platform designed to unlock DeFi use cases for BTC holders — allowing them to borrow, lend, stake, and spend BTC without selling it. Developed by Thesis (the team behind tBTC), it brings unique features such as Proof of HODL scoring, BTC gas payments, and dual staking model (BTC + project token).

By interacting with the platform, users can accumulate HODL Scores, participate in community quests, earn potential rewards, and gain early access to new decentralized financial tools, making it a standout project in the Bitcoin DeFi (BTCfi) space.

Is the Project Reputable?

The project's authenticity is backed by an experienced team led by Matt Luongo and Brian Mahoney, who have spent over a decade expanding Bitcoin with security as their top priority. They are the creators of tBTC, Fold, Taho, and several other projects. Since its launch, the project has gained attention from Bitcoin maximalists, DeFi users, and the crypto community on Discord and X (Twitter).

Moreover, the project has raised over $28.5 million from leading venture capital funds such as Pantera Capital, Multicoin Capital, Hack VC, Ledger Cathay Capital, and CMS Holdings, demonstrating institutional confidence in the project's vision. Strategic partnerships with Portal for cross-chain swaps and integrations with reputable wallets like Ledger and Xverse further solidify its credibility in the Bitcoin Layer 2 ecosystem.

However, as with any investment or time commitment, always do your own research (DYOR).

Project Airdrop Schedule

Participants should keep an eye on the following key dates before the airdrop takes place:

• April 2 – May 2, 2025: Testnet phase on Layer3 occurs, allowing users to test features and accumulate HODL points.
• April 24 – May 27, 2025: Quest campaign on Galxe begins, providing opportunities for participants to earn bonus points through quests and community interactions.
• May 2025: Mainnet launch: previously locked assets will automatically move to mainnet, activating features like borrowing, futures trading, and participation in the BTCFi ecosystem.
• May 2, 2025: Distribution of rewards for early participants, including those who completed the Layer3 and Galxe campaigns.
• TBA: Snapshot date for determining airdrop eligibility is yet to be disclosed.

Project Tokenomics: Key Points and Allocation

Currently, the project has not officially released details of its tokenomics structure. However, based on ongoing community activities and the airdrop campaign, it appears that the project is aiming for a distribution model focused on the community and early participants.

We will continue to update official information on distribution ratios, unlock schedules, and the role of the project token as soon as the development team announces it.

How to Participate and Receive Airdrop Rewards

1. Connect Your Wallet
2. Enter Invitation Code
3. Deposit Assets and Choose Lock Time
4. Track Your Position on the Leaderboard
5. Join the Project's Discord Community

Action tips to Maximize Rewards:

• Minimum Deposit: Deposit over 0.01 BTC to receive 5 one-time invitation codes and a 3x point boost.
• Custom Name: Deposit over 0.05 BTC to unlock a custom name on the platform.
• Stablecoins: Depositing stablecoins yields fewer points compared to BTC, tBTC, or WBTC.
• No Airdrop Guarantee: High HODL points may increase eligibility chances, but there's no confirmed guarantee of airdrop.

Project Price Predictions

As the project gains market attention, analysts have made potential price predictions:

• Short-term (1-3 months): After launch, the token may stabilize in a certain price range, driven by community momentum and market sentiment.
• Medium-term (6-12 months): With increasing adoption and strategic ecosystem expansion, the token could reach higher price levels.
• Long-term (1 year and beyond): Depending on ecosystem development, market conditions, and community growth, the token may target various price levels.

Note: Price predictions are speculative and should be taken with caution. Always do your own research and consult official market data before making investment decisions.

What's Next for the Project?

In a short period, the project has achieved impressive growth, driven by:

• The Proof of HODL campaign, attracting tens of thousands of users locking BTC and stablecoins to accumulate HODL Scores.
• Strategic partnerships with big names like Ledger, Portal, and Xverse Wallet, enhancing infrastructure and accessibility.
• Community-focused gamification through Discord quests, Galxe campaigns, and referral incentives — creating virality.
• Backing from top-tier investors like Pantera Capital, Multicoin Capital, and Hack VC, enhancing confidence in the project's long-term vision.

By focusing on these pillars, the project aims to become a powerhouse in the Bitcoin Layer 2 ecosystem, attracting investors and users eager to capitalize on its growth potential.

Conclusion

This new Bitcoin Layer 2 project's airdrop presents an exciting opportunity for crypto enthusiasts to earn tokens and participate in the rapidly expanding DeFi on Bitcoin (BTCfi) ecosystem. With cutting-edge technology, solid tokenomics, and an ambitious roadmap, the project is shaping the future of decentralized finance.

Don't miss the chance to be part of the next wave of blockchain innovation. Stay informed and take control of your crypto journey by participating in this exciting new project.

FAQ

What does the name Mezo mean?

Mezo likely refers to 'meso', meaning middle or intermediate, suggesting a balanced or central position in the crypto ecosystem.

What is mezo used for?

Mezo is used for decentralized finance (DeFi) applications, enabling fast and low-cost transactions, yield farming, and liquidity provision in the Web3 ecosystem.

What nationality is Mezo?

Mezo is a global cryptocurrency project without a specific national affiliation. It operates internationally in the decentralized web3 space.