mats for Stablecoins
Below are mats calculations for stablecoin deposits: crvUSD, thUSD, USDe, USDC, USDT, DAI, and T
Last updated
Below are mats calculations for stablecoin deposits: crvUSD, thUSD, USDe, USDC, USDT, DAI, and T
Last updated
Resources
Media KitAssets: crvUSD, thUSD, USDe, USDC, USDT, DAI, T
Base Score: 500 mats per 40k USD per day, and 40K T earns 15 mats per day.
Lock-Up Multiplier: The same lock-up multipliers apply for stable deposits
BTC Bonus: Daily mats from Bitcoin-backed stables are applied to boost your BTC mats. The boost can be up to 100% of your mats generated from BTC deposits.
Currently, the BTC boost is only available for accounts that have deposited tBTC, WBTC, or another ERC-20 Bitcoin wrapper.
Your boost and cap can be from one stable deposit or a combination of multiple.
Your deposits are displayed at the bottom of the Mezo Portal's "My mats" section.
Let's calculate Alice's daily mats from her stablecoin and BTC deposits. Assume Alice deposits 2 BTC and $20,000 crvUSD into Mezo.
Every 1,000 units of crvUSD earn 12.5 mats/day
crvUSD deposited: $20,000
Daily mats from crvUSD: 20 x 12.5 x 16x multiplier = 4,000
Each BTC earns 1,000 mats/day
BTC deposited: 2 BTC
Daily mats from BTC: 1,000 x 2 BTC x 16x multiplier = 32,000
BTC-backed stable boosts daily BTC mats by up to 100% of BTC score.
Alice will earn an additional 4,000 on her BTC mats, bringing her daily mats to 36,000.
Final Daily Score: 32,000 from BTC + 4,000 from BTC boost + 4,000 from stables = 40,000 mats
