Mezo is partnering with Aerodrome Finance in a partnership that makes the latter the main liquidity hub for the former’s native token and its Bitcoin-backed stablecoin.
Base’s ‘ve’ pioneers bridge to Bitcoin DeFi
Mezo, a decentralized lending protocol built on Bitcoin, has entered into a strategic partnership with Aerodrome Finance, a leading decentralized exchange (DEX) on Base. The partnership will make DEX the primary liquidity hub for Mezo’s native token, while also supporting liquidity for the bitcoin-backed stablecoin MSUD.
Under the agreement, Mezo will allocate 2.25% of its total MEZO token supply to Aerodrome’s veAERO voters for a period of 30 days. The move is intended to raise liquidity and engage Aerodrome’s experienced voting escrow participants, who have played a key role in shaping sustainable return models at Base.
Developed on Curve’s voice escrow framework and refined through Velodrome, Aerodrome Finance is considered the liquidity backbone of the Base ecosystem. Mezo’s returns platform, Mezo Earn, adapts this model for Bitcoin lending, creating what the team describes as “Aerodrome for Bitcoin lending.”
Matt Luongo, founder and CEO of Mezo, explained: “The Aerodrome community has written the playbook for sustainable DeFi returns through voice escrow economics. We partnered with them because we wanted the public to see what happens when you apply those mechanisms to Bitcoin.”
The partnership follows Mezo’s ‘Bring Bitcoin Home’ campaign, which migrated approximately $23 million in Bitcoin-denominated assets from Ethereum to Mezo’s mainnet. The protocol currently reports a total value of $76.3 million, more than 2,000 loans issued at a fixed annual interest rate of 1%, and more than 43,500 mainnet users.
Mezo’s infrastructure includes validators such as P2P, Chorus One and Everstake, with audits performed by Quantstamp and Thesis Defense. Institutional access is supported through Anchorage Digital. The company has raised $28.5 million in seed funding, led by Pantera Capital with participation from Multicoin, Paradigm, Polychain, Draper, Nascent, a16z and ParaFi.
This partnership highlights a growing effort to connect Base’s liquidity and expertise with Bitcoin’s decentralized financial ecosystem, strengthening Bitcoin’s role in the broader DeFi landscape.
Frequently asked questions ❓
- What is the partnership about? Mezo partnered with Aerodrome Finance to make Aerodrome the main liquidity hub for the MEZO token and the MUSD stablecoin.
- How will liquidity be stimulated? Mezo is allocating 2.25% of its token supply to Aerodrome’s veAERO voters for 30 days to raise capital.
- Why airport financing? Aerodrome’s voting escrow community is considered one of the most experienced in DeFi yield mechanisms, making it a natural fit for Bitcoin lending.
- What momentum does Mezo have? Mezo recently migrated $23 million in Bitcoin assets, reports $76.3 million in total value locked, and has processed $500 million in millionUSD volume.