Upshift finance August Mezo tBTC Vault
The Upshift Mezo BTC Vault is a pre-launch vault on Ethereum accepting cbBTC, tBTC, and wBTC ahead of Mezo’s Mainnet launch in May. Users receive an uptBTC receipt token representing their deposit, and liquid yield strategies will be initiated once the mainnet is live. Once Mezo Mainnet goes live, vault withdrawals will be temporarily paused until two-way bridging is enabled. Withdrawing at any point before the 3-month predeposit period ends results in forfeiture of all Mezo points and partner points. 100,000 Mezo mats are distributed daily to vault depositors. Since rewards are allocated based on each user’s share of total vault deposits (TVL), early depositors benefit from a larger share of the daily rewards. The platform fee is waived for 60 days until 6th July.
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