The mining credit flywheel
Each program on Mezzamine, Maestro’s miner-secured credit marketplace, generates yield in the following way:1
LPs deposit
Liquidity providers deposit BTC into a Yield Vault or myBTC.
2
Capital funds vetted miner programs
Mezzamine vets miners and structures first-lien, BTC-denominated credit programs, secured by reserves, hardware, and hashrate.
3
Miners deploy capital
Borrowers deploy loan proceeds into ASIC hardware — CapEx and energy that expands hashrate.
4
Hashrate grows
Additional hashrate increases the miner’s share of block rewards and transaction fees.
5
Block rewards service the loan
Miners repay principal and interest from mining revenue — currency-aligned debt, so the loan and the collateral backing it are denominated in the same asset.
6
BTC yield flows to LPs
Repayments flow back through the vault or myBTC pool as BTC-denominated yield.
Two yield families
Mining credit
Powered by Mezzamine Credit — secured ASIC and hashrate loans to vetted miners, repaid from block rewards. The platform’s core yield engine.
Bitcoin liquid vaults
Intent solver settlement and other liquid strategies earning spread and fees from real market activity.
See the flywheel live
The Sazmining program — 2 BTC into 57 PH/s, paying a fixed 9% BTC yield.