News:
The Mezo network, a project on the X platform, announced that its Total Value Locked (TVL) has exceeded $100 million. Previously, Mezo’s developer, Thesis, raised $21 million in Series A financing, led by Pantera Capital, with participation from Multicoin, HackVC, and Draper Associates. The project primarily utilizes the Proof of HODL scoring program, which leverages the idle Bitcoin holdings of participants. The longer the storage period, the higher the contributor’s “HODL score multiplier” becomes.