TLDR
Mezo Network has an airdrop explicitly for Bitcoin borrowers, with eligibility for users who borrowed against BTC on Ethereum money markets like MakerDAO, Aave, Morpho, Euler, and Spark, per the Mezo announcement.
- Eligibility includes borrowers who used BTC as collateral on those Ethereum protocols, per the announcement.
- Airdrop registration remains open according to a recent update.
- Mezo highlights BTC-native borrowing and its MUSD stablecoin with 1% fixed-rate loans in the announcement.
Deep Dive
1. Who Qualifies
Mezo states that if you have borrowed against BTC on Ethereum (examples: MakerDAO, Aave, Morpho, Euler, Spark), you are eligible for a MEZO allocation. This comes directly from the Mezo announcement.
- The target cohort is borrowers who kept BTC exposure but took loans in on-chain money markets.
- The post frames this as transitioning those users into a Bitcoin-native borrowing environment.
If youve used BTC as collateral to borrow on major Ethereum lending protocols, you likely fall into Mezos eligible group.
2. Status and Registration
Community posts indicate the airdrop registration is still live, reflecting ongoing campaign timing rather than a concluded snapshot. See this update.
- Campaign timing matters; late registrants may still qualify if they meet the eligibility criteria.
- These programs often finalize allocations on a schedule and can close quickly once the pool is depleted.
If you qualify, consider registering promptly so your prior borrowing activity is recognized before the window closes.
3. Why Target BTC Borrowers
Mezo pitches a Bitcoin-native borrowing experience (BTC for gas, no wrapped IOUs) and 1% fixed-rate loans, contrasting common frictions in Ethereum-based borrowing. This positioning is described in the announcement.
- The value proposition centers on lower, fixed borrowing costs and keeping BTC exposure without wrapping.
- MUSD is presented as a BTC-backed stablecoin to enable liquidity while staying in the Bitcoin ecosystem.
The airdrop incentivizes migration from wrapped or higher-variance borrow setups toward Mezos BTC-centric credit rails.
Conclusion
Right now, the notable airdrop specifically targeting BTC borrowers is Mezos campaign, aimed at users who borrowed against BTC on Ethereum protocols. If that describes your activity, verify eligibility and register via the notice above. This is a bid to shift BTC borrowers into Bitcoin-native credit with simpler mechanics and potentially lower, fixed borrowing costs.
CoinsKid.Com