[Mezo Announces Phase 1 Airdrop Distribution, Allocating Approximately 19.82 Million Tokens to Over 11,000 Addresses] Foresight News reports that Bitcoin financial network Mezo announced on Twitter that the Phase 1 token distribution plan is now live. The total community airdrop accounts for 5% of the total supply, with Phase 1 representing approximately 2%, distributing a total of 19,824,782 MEZO tokens. Among over 100,000 registered users, 11,845 addresses met the minimum claim threshold of 60 MEZO, with 13% of these addresses opting to lock their tokens as veMEZO. Details of Phase 2 will be announced in the coming weeks, and users who did not participate in Phase 1 registration will still have the opportunity to qualify through subsequent registrations. The allocation weight for Phase 1 focuses on sustained on-chain activities such as cross-chain transfers to the mainnet, asset swaps, lending, providing liquidity, participating in vaults, and veBTC-related activities. Allocation points (mats) are divided into two seasons: - Season 1 (March 2024 to May 2025) has a redemption ratio of 1 MEZO = 679.9 mats. - Season 2 (May 2025 to January 2026) has a redemption ratio of 1 MEZO = 36.78 mats. Addresses participating in both seasons will receive a 25% base allocation bonus.