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
Bitcoin Mining Costs Surge Past $70K – Is DOGEBALL the Next 100x Crypto to Buy While Toncoin Targets $3?
The search for the next 100x crypto to buy often intensifies when market dynamics shift. Recent industry data shows that Bitcoin mining costs have surged past $70,000, while major Wall Street firms are increasingly funding mining companies exploring AI infrastructure as an alternative revenue
CaptainAltcoin18m ago
West Main Self Storage Boosts Bitcoin Treasury To 3.345 BTC
Bitcoin continues to reshape how companies manage corporate reserves. A growing number of businesses now view digital assets as strategic treasury tools. West Main Self Storage recently strengthened that trend with another Bitcoin purchase. The company added 0.145 BTC to
Coinfomania26m ago
Crypto Social Trends: Bitcoin and Ethereum Drive Conversation Across Layer-1 Ecosystem
According to a new crypto social activity report by Phoenix Group, the performance of large Layer-1 blockchain networks in online conversations and engagement is rising. The ranking, released on March 6, 2026, prioritizes the most active blockchain ecosystems in terms of social interactions and
BlockChainReporter55m ago
