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Bitcoin L2 Network Mezo TVL Surpasses $100 Million

Bitcoin L2 Network Mezo TVL Surpasses $100 Million

CointimeCointime2024/05/06 07:01
By:Cointime

Mezo, a Bitcoin L2 network, announced on X platform that the project's TVL has surpassed $100 million. Previously, Mezo developer Thesis completed a $21 million Series A financing round, with Pantera Capital leading the investment and participation from Multicoin, HackVC, Draper Associates, and others. The project mainly utilizes the idle Bitcoin of holders through the "Proof of HODL" point system, with the longer the storage time, the more the contributor's "HODL score multiplier".

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