{"id":156494,"date":"2026-04-22T11:33:37","date_gmt":"2026-04-22T08:33:37","guid":{"rendered":""},"modified":"2026-04-22T11:33:37","modified_gmt":"2026-04-22T08:33:37","slug":"%d9%85%d9%8a%d8%b2%d9%88-%d9%8a%d9%83%d8%aa%d8%b3%d8%a8-%d8%b2%d8%ae%d9%85%d9%8b%d8%a7-%d9%85%d8%b9-%d8%a5%d8%b7%d9%84%d8%a7%d9%82-%d8%b1%d9%85%d8%b2-%d8%a7%d9%84%d8%ad%d9%88%d9%83%d9%85%d8%a9-%d9%88","status":"publish","type":"post","link":"https:\/\/www.arabcryptocap.io\/blog\/%d8%a7%d9%84%d8%aa-%d9%83%d9%88%d9%8a%d9%86\/%d9%85%d9%8a%d8%b2%d9%88-%d9%8a%d9%83%d8%aa%d8%b3%d8%a8-%d8%b2%d8%ae%d9%85%d9%8b%d8%a7-%d9%85%d8%b9-%d8%a5%d8%b7%d9%84%d8%a7%d9%82-%d8%b1%d9%85%d8%b2-%d8%a7%d9%84%d8%ad%d9%88%d9%83%d9%85%d8%a9-%d9%88\/","title":{"rendered":"\u0645\u064a\u0632\u0648 \u064a\u0643\u062a\u0633\u0628 \u0632\u062e\u0645\u064b\u0627 \u0645\u0639 \u0625\u0637\u0644\u0627\u0642 \u0631\u0645\u0632 \u0627\u0644\u062d\u0648\u0643\u0645\u0629 \u0648\u0625\u062f\u0631\u0627\u062c \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0641\u064a \u0628\u0648\u0644\u064a\u0634"},"content":{"rendered":"<p>\u0642\u0627\u0645\u062a \u0645\u0646\u0635\u0629 \u0645\u064a\u0632\u0648 (Mezo) \u0628\u0625\u062f\u0631\u0627\u062c \u0631\u0645\u0632 \u0627\u0644\u062d\u0648\u0643\u0645\u0629 \u0627\u0644\u062e\u0627\u0635 \u0628\u0647\u0627 MEZO \u0648\u0627\u0644\u0639\u0645\u0644\u0629 \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 MUSD \u0641\u064a \u0628\u0648\u0631\u0635\u0629 Bullish (\u0627\u0644\u0645\u062f\u0631\u062c\u0629 \u0641\u064a \u0628\u0648\u0631\u0635\u0629 \u0646\u064a\u0648\u064a\u0648\u0631\u0643 \u062a\u062d\u062a \u0631\u0645\u0632 BLSH)\u060c \u0645\u0645\u0627 \u064a\u062a\u064a\u062d \u0644\u0644\u0645\u062a\u062f\u0627\u0648\u0644\u064a\u0646 \u0645\u0646 \u0627\u0644\u0645\u0624\u0633\u0633\u0627\u062a \u0648\u0627\u0644\u0623\u0641\u0631\u0627\u062f \u0627\u0644\u0648\u0635\u0648\u0644 \u0627\u0644\u0645\u0628\u0627\u0634\u0631 \u0625\u0644\u0649 \u0643\u0644\u0627 \u0627\u0644\u0623\u0635\u0644\u064a\u0646 \u0639\u0628\u0631 \u0627\u0644\u0645\u0646\u0635\u0629. \u062a\u062c\u0645\u0639 \u0628\u0648\u0631\u0635\u0629 Bullish \u0628\u064a\u0646 \u0635\u0646\u0627\u0639\u0629 \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0622\u0644\u064a\u0629 \u0648\u0645\u062d\u0631\u0643 \u0645\u0637\u0627\u0628\u0642\u0629 \u0623\u0648\u0627\u0645\u0631 \u0627\u0644\u062d\u062f \u0627\u0644\u0645\u0631\u0643\u0632\u064a\u060c \u0648\u0642\u062f \u062a\u062c\u0627\u0648\u0632 \u062d\u062c\u0645 \u062a\u062f\u0627\u0648\u0644\u0647\u0627 \u0627\u0644\u062a\u0631\u0627\u0643\u0645\u064a 1.8 \u062a\u0631\u064a\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u0645\u0646\u0630 \u0625\u0637\u0644\u0627\u0642\u0647\u0627.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter-rtl ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><span class=\"ez-toc-title\" style=\"cursor:inherit\">\u0645\u062d\u062a\u0648\u064a\u0627\u062a \u0627\u0644\u0645\u0642\u0627\u0644\u0629<\/span>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.arabcryptocap.io\/blog\/%d8%a7%d9%84%d8%aa-%d9%83%d9%88%d9%8a%d9%86\/%d9%85%d9%8a%d8%b2%d9%88-%d9%8a%d9%83%d8%aa%d8%b3%d8%a8-%d8%b2%d8%ae%d9%85%d9%8b%d8%a7-%d9%85%d8%b9-%d8%a5%d8%b7%d9%84%d8%a7%d9%82-%d8%b1%d9%85%d8%b2-%d8%a7%d9%84%d8%ad%d9%88%d9%83%d9%85%d8%a9-%d9%88\/#MUSD_%D8%AA%D8%A8%D9%82%D9%89_%D8%A3%D8%B3%D8%A7%D8%B3%D9%8A%D8%A9_%D9%84%D8%AA%D8%AD%D8%B1%D9%8A%D8%B1_%D9%82%D9%8A%D9%85%D8%A9_%D8%A8%D9%8A%D8%AA%D9%83%D9%88%D9%8A%D9%86\" >MUSD \u062a\u0628\u0642\u0649 \u0623\u0633\u0627\u0633\u064a\u0629 \u0644\u062a\u062d\u0631\u064a\u0631 \u0642\u064a\u0645\u0629 \u0628\u064a\u062a\u0643\u0648\u064a\u0646<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.arabcryptocap.io\/blog\/%d8%a7%d9%84%d8%aa-%d9%83%d9%88%d9%8a%d9%86\/%d9%85%d9%8a%d8%b2%d9%88-%d9%8a%d9%83%d8%aa%d8%b3%d8%a8-%d8%b2%d8%ae%d9%85%d9%8b%d8%a7-%d9%85%d8%b9-%d8%a5%d8%b7%d9%84%d8%a7%d9%82-%d8%b1%d9%85%d8%b2-%d8%a7%d9%84%d8%ad%d9%88%d9%83%d9%85%d8%a9-%d9%88\/#%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9_MEZO_%D8%A8%D9%86%D8%B3%D8%A8%D8%A9_%D8%AA%D8%B2%D9%8A%D8%AF_%D8%B9%D9%86_224_%D8%A5%D9%84%D9%89_%D8%A3%D8%B9%D9%84%D9%89_%D9%85%D8%B3%D8%AA%D9%88%D9%89_%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE%D9%8A_01415_%D8%AF%D9%88%D9%84%D8%A7%D8%B1_%D9%88%D8%B3%D8%B7_%D8%AD%D8%AC%D9%85_%D8%AA%D8%AF%D8%A7%D9%88%D9%84_%D9%85%D8%B1%D8%AA%D9%81%D8%B9\" >\u0627\u0631\u062a\u0641\u0627\u0639 MEZO \u0628\u0646\u0633\u0628\u0629 \u062a\u0632\u064a\u062f \u0639\u0646 224% \u0625\u0644\u0649 \u0623\u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u062a\u0627\u0631\u064a\u062e\u064a 0.1415 \u062f\u0648\u0644\u0627\u0631 \u0648\u0633\u0637 \u062d\u062c\u0645 \u062a\u062f\u0627\u0648\u0644 \u0645\u0631\u062a\u0641\u0639<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.arabcryptocap.io\/blog\/%d8%a7%d9%84%d8%aa-%d9%83%d9%88%d9%8a%d9%86\/%d9%85%d9%8a%d8%b2%d9%88-%d9%8a%d9%83%d8%aa%d8%b3%d8%a8-%d8%b2%d8%ae%d9%85%d9%8b%d8%a7-%d9%85%d8%b9-%d8%a5%d8%b7%d9%84%d8%a7%d9%82-%d8%b1%d9%85%d8%b2-%d8%a7%d9%84%d8%ad%d9%88%d9%83%d9%85%d8%a9-%d9%88\/#%D8%A7%D9%84%D8%A3%D8%B3%D8%A6%D9%84%D8%A9_%D8%A7%D9%84%D8%B4%D8%A7%D8%A6%D8%B9%D8%A9_FAQ\" >\u0627\u0644\u0623\u0633\u0626\u0644\u0629 \u0627\u0644\u0634\u0627\u0626\u0639\u0629 (FAQ)<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>\u0648\u0641\u0642\u064b\u0627 \u0644\u0641\u0631\u064a\u0642 Mezo\/Thesis\u060c \u0641\u0625\u0646 \u0645\u0646\u0635\u0629 \u0627\u0644\u0637\u0628\u0642\u0629 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0627\u0644\u0645\u0628\u0646\u064a\u0629 \u0639\u0644\u0649 \u0628\u064a\u062a\u0643\u0648\u064a\u0646 (Bitcoin-native L2) \u062a\u0639\u0645\u0644 \u0639\u0644\u0649 \u062a\u0648\u0633\u064a\u0639 \u0646\u0638\u0627\u0645\u0647\u0627 \u0627\u0644\u0628\u064a\u0626\u064a \u0628\u0646\u0634\u0627\u0637 \u0641\u064a \u0628\u062f\u0627\u064a\u0629 \u0639\u0627\u0645 2026 \u0628\u0647\u062f\u0641 \u0625\u0646\u0634\u0627\u0621 \u0627\u0642\u062a\u0635\u0627\u062f \u064a\u0639\u062a\u0645\u062f \u0639\u0644\u0649 \u0628\u064a\u062a\u0643\u0648\u064a\u0646 \u0648\u062a\u0639\u0632\u064a\u0632 \u0639\u0645\u0644\u062a\u0647\u0627 \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629. \u0648\u0639\u0644\u0649 \u0627\u0644\u0631\u063a\u0645 \u0645\u0646 \u0623\u0646 \u062a\u0623\u0643\u064a\u062f\u064b\u0627 \u0645\u062d\u062f\u062f\u064b\u0627 \u0644\u0644\u0625\u062f\u0631\u0627\u062c \u0641\u064a \u0628\u0648\u0631\u0635\u0629 Bullish \u0642\u062f \u0644\u0627 \u064a\u0643\u0648\u0646 \u0628\u0627\u0631\u0632\u064b\u0627 \u0641\u064a \u0646\u062a\u0627\u0626\u062c \u0627\u0644\u0628\u062d\u062b \u0627\u0644\u0623\u0648\u0644\u0649 \u0645\u0646 \u0623\u0628\u0631\u064a\u0644 2026\u060c \u0625\u0644\u0627 \u0623\u0646 \u0627\u0644\u0645\u0634\u0631\u0648\u0639 \u0634\u0647\u062f \u0625\u062f\u0631\u0627\u062c\u0627\u062a \u0645\u0647\u0645\u0629 \u0639\u0644\u0649 \u0639\u062f\u0629 \u0645\u0646\u0635\u0627\u062a\u060c \u0628\u0645\u0627 \u0641\u064a \u0630\u0644\u0643 Bitget \u0648Kucoin \u0648Coinbase \u0648BingX \u0648Gate.io \u0648Lbank.<\/p>\n<p>\u0641\u064a \u0627\u0644\u0648\u0642\u062a \u0646\u0641\u0633\u0647\u060c \u0623\u0642\u0627\u0645\u062a Mezo \u0634\u0631\u0627\u0643\u0629 \u0645\u0639 Aerodrome Finance \u0644\u062a\u0648\u0641\u064a\u0631 \u0633\u064a\u0648\u0644\u0629 \u0639\u0645\u064a\u0642\u0629 \u0644\u0623\u0632\u0648\u0627\u062c MEZO \u0648MUSD. \u0648\u0642\u062f \u0633\u062c\u0644\u062a \u0627\u0644\u0645\u0646\u0635\u0629 \u062d\u062a\u0649 \u0627\u0644\u0622\u0646 \u0623\u0643\u062b\u0631 \u0645\u0646 70 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u0641\u064a \u0627\u0644\u0642\u064a\u0645\u0629 \u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u0645\u0642\u0641\u0644\u0629 (TVL) \u0648\u0623\u0643\u062b\u0631 \u0645\u0646 43,500 \u0645\u0633\u062a\u062e\u062f\u0645 \u0639\u0644\u0649 \u0627\u0644\u0634\u0628\u0643\u0629 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629. \u062a\u0645 \u062a\u0635\u0645\u064a\u0645 \u0627\u0644\u0645\u0646\u0635\u0629 \u0644\u0644\u0633\u0645\u0627\u062d \u0644\u062d\u0627\u0645\u0644\u064a \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0631\u0642\u0645\u064a\u0629 \u0628\u062a\u062d\u0648\u064a\u0644 \u0628\u064a\u062a\u0643\u0648\u064a\u0646 \u0627\u0644\u062e\u0627\u0645\u0644\u0629 \u0625\u0644\u0649 \u0623\u0635\u0644 \u0642\u0627\u0628\u0644 \u0644\u0644\u0625\u0646\u0641\u0627\u0642\u060c \u0645\u0645\u0627 \u064a\u0645\u0643\u0646\u0647\u0645 \u0645\u0646 \u062d\u062c\u0632 \u0645\u0645\u062a\u0644\u0643\u0627\u062a\u0647\u0645 \u0645\u0646 BTC \u0648\u0643\u0633\u0628 \u0627\u0644\u0639\u0648\u0627\u0626\u062f \u0648\u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0627\u0644\u0642\u0631\u0648\u0636.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MUSD_%D8%AA%D8%A8%D9%82%D9%89_%D8%A3%D8%B3%D8%A7%D8%B3%D9%8A%D8%A9_%D9%84%D8%AA%D8%AD%D8%B1%D9%8A%D8%B1_%D9%82%D9%8A%D9%85%D8%A9_%D8%A8%D9%8A%D8%AA%D9%83%D9%88%D9%8A%D9%86\"><\/span>MUSD \u062a\u0628\u0642\u0649 \u0623\u0633\u0627\u0633\u064a\u0629 \u0644\u062a\u062d\u0631\u064a\u0631 \u0642\u064a\u0645\u0629 \u0628\u064a\u062a\u0643\u0648\u064a\u0646<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u062a\u0638\u0644 MUSD\u060c \u0648\u0647\u064a \u0639\u0645\u0644\u0629 \u0645\u0633\u062a\u0642\u0631\u0629 \u0645\u062f\u0639\u0648\u0645\u0629 \u0628\u0627\u0644\u0643\u0627\u0645\u0644 \u0628\u0646\u0633\u0628\u0629 100% \u0645\u0646 \u0628\u064a\u062a\u0643\u0648\u064a\u0646 \u0639\u0644\u0649 \u0645\u0646\u0635\u0629 Mezo\u060c \u0623\u0633\u0627\u0633\u064a\u0629 \u0644\u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0629 \u0627\u0644\u0645\u0646\u0635\u0629 \u0641\u064a \u062a\u062d\u0631\u064a\u0631 \u0642\u064a\u0645\u0629 \u0628\u064a\u062a\u0643\u0648\u064a\u0646. \u0645\u0646 \u0627\u0644\u0645\u0641\u062a\u0631\u0636 \u0623\u0646 \u062a\u0643\u0648\u0646 MUSD \u0639\u0645\u0644\u0629 \u0645\u0633\u062a\u0642\u0631\u0629 \u0645\u0636\u0645\u0648\u0646\u0629 \u0628\u0646\u0633\u0628\u0629 1:1 \u0628\u0648\u0627\u0633\u0637\u0629 \u0628\u064a\u062a\u0643\u0648\u064a\u0646\u060c \u0645\u0645\u0627 \u064a\u0645\u064a\u0632\u0647\u0627 \u0639\u0646 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0627\u0644\u062a\u0642\u0644\u064a\u062f\u064a\u0629 \u0627\u0644\u0645\u0631\u062a\u0628\u0637\u0629 \u0628\u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0648\u0631\u0642\u064a\u0629. \u062a\u0645 \u0628\u0646\u0627\u0621 \u0627\u0644\u0645\u0634\u0631\u0648\u0639 \u0628\u0648\u0627\u0633\u0637\u0629 Thesis \u0648\u064a\u062f\u0639\u0645\u0647 \u0645\u0633\u062a\u062b\u0645\u0631\u0648\u0646 \u0645\u062b\u0644 Pantera Capital\u060c \u0648\u0642\u062f \u062c\u0645\u0639 \u0623\u0643\u062b\u0631 \u0645\u0646 28 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u0641\u064a \u0627\u0644\u062a\u0645\u0648\u064a\u0644.<\/p>\n<p>\u0641\u064a \u063a\u0636\u0648\u0646 \u0630\u0644\u0643\u060c \u062a\u0648\u0641\u0631 BitGo \u0627\u0644\u0628\u0646\u064a\u0629 \u0627\u0644\u062a\u062d\u062a\u064a\u0629 \u0644\u0644\u062d\u0641\u0638 (custody) \u0644\u0639\u0645\u0644\u0629 MUSD \u0641\u064a \u0628\u0648\u0631\u0635\u0629 Bullish\u060c \u0648\u064a\u062a\u0645 \u0627\u0644\u062d\u0641\u0627\u0638 \u0639\u0644\u0649 \u0623\u0635\u0648\u0644 \u0627\u0644\u0639\u0645\u0644\u0627\u0621 \u0628\u0646\u0633\u0628\u0629 1:1\u060c \u0645\u0646\u0641\u0635\u0644\u0629 \u0639\u0646 \u0623\u0635\u0648\u0644 \u0627\u0644\u0634\u0631\u0643\u0629. \u0627\u062e\u062a\u0627\u0631\u062a Mezo \u0628\u0648\u0631\u0635\u0629 Bullish \u0644\u0623\u0646 \u0628\u0646\u064a\u0629 \u0627\u0644\u062d\u0641\u0638 \u0648\u0627\u0644\u0628\u0646\u064a\u0629 \u0627\u0644\u062a\u062d\u062a\u064a\u0629 \u0644\u0644\u0627\u0645\u062a\u062b\u0627\u0644 \u0641\u064a\u0647\u0627 \u062a\u062a\u0637\u0627\u0628\u0642 \u0645\u0639 \u0645\u0627 \u064a\u062d\u062a\u0627\u062c\u0647 \u0627\u0644\u0645\u062a\u062f\u0627\u0648\u0644\u0648\u0646 \u0627\u0644\u0645\u0624\u0633\u0633\u064a\u0648\u0646.<\/p>\n<p>\u0648\u0641\u0642\u064b\u0627 \u0644\u0645\u0624\u0633\u0633 Mezo \u0627\u0644\u0645\u0634\u0627\u0631\u0643 \u0648\u0627\u0644\u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u0646\u0641\u064a\u0630\u064a \u0645\u0627\u062a \u0644\u0648\u0646\u063a\u0648\u060c \u0641\u0625\u0646 Bullish \u062a\u0648\u0641\u0631 \u0644\u0643\u0644 \u0645\u0646 MEZO \u0648MUSD \u0645\u0646\u0635\u0629 \u062a\u062f\u0627\u0648\u0644 \u062e\u0627\u0636\u0639\u0629 \u0644\u0644\u062a\u0646\u0638\u064a\u0645 \u0648\u0645\u0628\u0646\u064a\u0629 \u0644\u0644\u0645\u0634\u0627\u0631\u0643\u064a\u0646 \u0627\u0644\u0630\u064a\u0646 \u062a\u0631\u063a\u0628 \u0627\u0644\u0645\u0646\u0635\u0629 \u0641\u064a \u0627\u0644\u0648\u0635\u0648\u0644 \u0625\u0644\u064a\u0647\u0645. \u0648\u064a\u0636\u064a\u0641 \u0623\u0646 \u0627\u0644\u0633\u0645\u0627\u062d \u0644\u062d\u0627\u0645\u0644\u064a BTC \u0648\u0627\u0644\u0645\u0624\u0633\u0633\u0627\u062a \u0628\u0627\u0644\u0648\u0635\u0648\u0644 \u0625\u0644\u0649 MUSD \u0645\u0646 \u062e\u0644\u0627\u0644 \u0628\u0648\u0631\u0635\u0629 \u0645\u062a\u062f\u0627\u0648\u0644\u0629 \u0639\u0644\u0646\u064b\u0627 \u0645\u0639 \u062f\u0639\u0645 \u0627\u0644\u0637\u0628\u0642\u0629 \u0627\u0644\u0623\u0648\u0644\u0649 \u0644\u0625\u064a\u062b\u0631\u064a\u0648\u0645 (Ethereum L1) \u0647\u0648 \u0623\u0643\u062b\u0631 \u0623\u0647\u0645\u064a\u0629 \u0645\u0646 \u0623\u0631\u0642\u0627\u0645 \u062d\u062c\u0645 \u0627\u0644\u062a\u062f\u0627\u0648\u0644.<\/p>\n<p>\u064a\u0623\u062a\u064a \u0625\u062f\u0631\u0627\u062c Bullish \u0623\u064a\u0636\u064b\u0627 \u0628\u0639\u062f \u0627\u062e\u062a\u062a\u0627\u0645 \u062d\u0645\u0644\u0629 &#8220;Bring Bitcoin Home&#8221;\u060c \u0627\u0644\u062a\u064a \u0646\u0642\u0644\u062a \u0645\u0627 \u064a\u0642\u0631\u0628 \u0645\u0646 23 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u0645\u0646 \u0627\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0645\u0642\u0648\u0645\u0629 \u0628\u0640 BTC \u0645\u0646 \u0625\u064a\u062b\u0631\u064a\u0648\u0645 \u0625\u0644\u0649 \u0627\u0644\u0634\u0628\u0643\u0629 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0644\u0640 Mezo. \u062a\u062d\u0627\u0641\u0638 MUSD \u0639\u0644\u0649 \u0631\u0628\u0637\u0647\u0627 (peg) \u0627\u0639\u062a\u0628\u0627\u0631\u064b\u0627 \u0645\u0646 19 \u0623\u0628\u0631\u064a\u0644 2026\u060c \u062d\u064a\u062b \u064a\u062a\u0645 \u062a\u062f\u0627\u0648\u0644\u0647\u0627 \u0639\u0646\u062f \u062d\u0648\u0627\u0644\u064a 1.011 \u062f\u0648\u0644\u0627\u0631 \u0645\u0639 \u0639\u0631\u0636 \u0645\u062a\u062f\u0627\u0648\u0644 \u064a\u0628\u0644\u063a 20.43 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u0648\u0642\u064a\u0645\u0629 \u0633\u0648\u0642\u064a\u0629 \u062a\u062a\u062c\u0627\u0648\u0632 20 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631.<\/p>\n<p>\u0645\u0646 \u0646\u0627\u062d\u064a\u0629 \u0623\u062e\u0631\u0649\u060c \u062a\u0644\u0642\u062a Bullish \u0645\u0624\u062e\u0631\u064b\u0627 \u0623\u0643\u062b\u0631 \u0645\u0646 1.1 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631 \u0645\u0646 \u0639\u0627\u0626\u062f\u0627\u062a \u0627\u0644\u0637\u0631\u062d \u0627\u0644\u0639\u0627\u0645 \u0627\u0644\u0623\u0648\u0644\u064a (IPO) \u0641\u064a \u0639\u0645\u0644\u0627\u062a \u0645\u0633\u062a\u0642\u0631\u0629 \u0645\u062e\u062a\u0644\u0641\u0629\u060c \u0645\u0645\u0627 \u064a\u0634\u064a\u0631 \u0625\u0644\u0649 \u0645\u0634\u0627\u0631\u0643\u062a\u0647\u0627 \u0627\u0644\u0639\u0645\u064a\u0642\u0629 \u0641\u064a \u0633\u0648\u0642 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0627\u0644\u0630\u064a \u062a\u062f\u062e\u0644\u0647 MUSD. \u062e\u0632\u0627\u0626\u0646 (vaults) MUSD \u0646\u0634\u0637\u0629 \u0648\u062a\u0642\u062f\u0645 \u0645\u0639\u062f\u0644\u0627\u062a \u0641\u0627\u0626\u062f\u0629 \u0633\u0646\u0648\u064a\u0629 (APRs) \u062b\u0644\u0627\u062b\u064a\u0629 \u0627\u0644\u0623\u0631\u0642\u0627\u0645 \u0644\u0645\u0632\u0648\u062f\u064a \u0627\u0644\u0633\u064a\u0648\u0644\u0629 \u0627\u0644\u0623\u0648\u0627\u0626\u0644\u060c \u0648\u062a\u0633\u062a\u0647\u062f\u0641 \u0628\u0634\u0643\u0644 \u062e\u0627\u0635 \u0627\u0644\u0645\u0637\u0648\u0631\u064a\u0646 \u0627\u0644\u0630\u064a\u0646 \u064a\u0628\u0646\u0648\u0646 \u062a\u0637\u0628\u064a\u0642\u0627\u062a \u062a\u0633\u062a\u062e\u062f\u0645 MUSD.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9_MEZO_%D8%A8%D9%86%D8%B3%D8%A8%D8%A9_%D8%AA%D8%B2%D9%8A%D8%AF_%D8%B9%D9%86_224_%D8%A5%D9%84%D9%89_%D8%A3%D8%B9%D9%84%D9%89_%D9%85%D8%B3%D8%AA%D9%88%D9%89_%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE%D9%8A_01415_%D8%AF%D9%88%D9%84%D8%A7%D8%B1_%D9%88%D8%B3%D8%B7_%D8%AD%D8%AC%D9%85_%D8%AA%D8%AF%D8%A7%D9%88%D9%84_%D9%85%D8%B1%D8%AA%D9%81%D8%B9\"><\/span>\u0627\u0631\u062a\u0641\u0627\u0639 MEZO \u0628\u0646\u0633\u0628\u0629 \u062a\u0632\u064a\u062f \u0639\u0646 224% \u0625\u0644\u0649 \u0623\u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u062a\u0627\u0631\u064a\u062e\u064a 0.1415 \u062f\u0648\u0644\u0627\u0631 \u0648\u0633\u0637 \u062d\u062c\u0645 \u062a\u062f\u0627\u0648\u0644 \u0645\u0631\u062a\u0641\u0639<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u0628\u064a\u0646\u0645\u0627 \u0644\u0645 \u064a\u062d\u0642\u0642 MEZO \u0623\u064a \u062a\u062d\u0631\u0643\u0627\u062a \u0643\u0628\u064a\u0631\u0629 \u0641\u064a \u0628\u0648\u0631\u0635\u0629 Bullish\u060c \u0627\u0631\u062a\u0641\u0639 \u0627\u0644\u0631\u0645\u0632 \u0628\u0646\u0633\u0628\u0629 224% \u0641\u064a 13-14 \u0623\u0628\u0631\u064a\u0644 2026 \u0644\u064a\u0635\u0644 \u0625\u0644\u0649 \u0623\u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u062a\u0627\u0631\u064a\u062e\u064a (ATH) \u0639\u0646\u062f 0.1415 \u062f\u0648\u0644\u0627\u0631\u060c \u0645\u062f\u0641\u0648\u0639\u064b\u0627 \u0628\u0632\u064a\u0627\u062f\u0629 \u0641\u064a \u0627\u0644\u0633\u0639\u0631 \u0628\u0639\u062f \u0627\u0644\u0625\u062f\u0631\u0627\u062c\u0627\u062a \u0641\u064a WEEX \u0648MEXC. \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u064a\u062a\u0645 \u062a\u062f\u0627\u0648\u0644\u0647 \u0627\u0644\u0622\u0646 \u0628\u062d\u0648\u0627\u0644\u064a 66.37% \u0623\u0642\u0644 \u0645\u0646 \u062a\u0644\u0643 \u0627\u0644\u0630\u0631\u0648\u0629 \u0648\u0628\u0646\u0633\u0628\u0629 62.95% \u0623\u0639\u0644\u0649 \u0645\u0646 \u0623\u062f\u0646\u0649 \u0633\u0639\u0631 \u0644\u0647\u060c \u0648\u0641\u0642\u064b\u0627 \u0644\u0640 Coingecko. \u0627\u0646\u062e\u0641\u0636 MEZO \u0628\u0646\u0633\u0628\u0629 52.1% \u062e\u0644\u0627\u0644 \u0627\u0644\u0623\u0633\u0628\u0648\u0639 \u0627\u0644\u0645\u0627\u0636\u064a \u06485.2% \u062e\u0644\u0627\u0644 \u0627\u0644\u0640 24 \u0633\u0627\u0639\u0629 \u0627\u0644\u0645\u0627\u0636\u064a\u0629 \u0644\u064a\u0635\u0644 \u0625\u0644\u0649 0.046 \u062f\u0648\u0644\u0627\u0631.<\/p>\n<p>\u0641\u064a \u063a\u0636\u0648\u0646 \u0630\u0644\u0643\u060c \u0632\u0627\u062f \u062d\u062c\u0645 \u062a\u062f\u0627\u0648\u0644 MEZO \u0628\u0646\u0633\u0628\u0629 48.1% \u062e\u0644\u0627\u0644 \u0627\u0644\u0640 24 \u0633\u0627\u0639\u0629 \u0627\u0644\u0645\u0627\u0636\u064a\u0629 \u0644\u064a\u0635\u0644 \u0625\u0644\u0649 1.167 \u0645\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631\u060c \u0645\u0645\u0627 \u064a\u0634\u064a\u0631 \u0625\u0644\u0649 \u0627\u0631\u062a\u0641\u0627\u0639 \u062d\u062f\u064a\u062b \u0641\u064a \u0646\u0634\u0627\u0637 \u0627\u0644\u0633\u0648\u0642. \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u0641\u0625\u0646 \u0623\u062f\u0627\u0621 \u0627\u0644\u0631\u0645\u0632 \u0623\u0642\u0644 \u0645\u0646 \u0623\u062f\u0627\u0621 \u0633\u0648\u0642 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0631\u0642\u0645\u064a\u0629 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u060c \u0627\u0644\u0630\u064a \u0627\u0631\u062a\u0641\u0639 \u0628\u0646\u0633\u0628\u0629 3%. \u0643\u0645\u0627 \u0623\u0646\u0647 \u0623\u0642\u0644 \u0623\u062f\u0627\u0621\u064b \u0645\u0646 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0631\u0642\u0645\u064a\u0629 \u0627\u0644\u0645\u0645\u0627\u062b\u0644\u0629 \u0641\u064a \u0625\u064a\u062b\u0631\u064a\u0648\u0645\u060c \u0648\u0627\u0644\u062a\u064a \u0627\u0631\u062a\u0641\u0639\u062a \u0628\u0646\u0633\u0628\u0629 12.7%.<\/p>\n<p>\u064a\u064f\u0633\u062a\u062e\u062f\u0645 \u0631\u0645\u0632 MEZO \u062d\u062a\u0649 \u0627\u0644\u0622\u0646 \u0644\u0644\u0645\u0646\u0641\u0639\u0629 \u0627\u0644\u0623\u0635\u0644\u064a\u0629 \u0648\u0627\u0644\u062d\u0648\u0643\u0645\u0629\u060c \u0648\u062a\u0646\u0633\u064a\u0642 \u0627\u0644\u0634\u0628\u0643\u0629\u060c \u0648\u062a\u0648\u0632\u064a\u0639 \u0627\u0644\u062d\u0648\u0627\u0641\u0632\u060c \u0645\u0645\u0627 \u064a\u0639\u0632\u0632 \u0627\u0644\u0645\u0643\u0627\u0641\u0622\u062a \u0628\u0646\u0633\u0628\u0629 \u062a\u0635\u0644 \u0625\u0644\u0649 5x \u0645\u0646 \u062e\u0644\u0627\u0644 \u0646\u0638\u0627\u0645 \u0627\u0644\u062a\u0635\u0648\u064a\u062a \u0627\u0644\u0645\u062d\u062c\u0648\u0632 (vote-escrowed). \u064a\u062d\u062a\u0644 \u0627\u0644\u0631\u0645\u0632 \u0645\u0631\u062a\u0628\u0629 \u0628\u064a\u0646 \u0627\u0644\u0623\u0639\u0644\u0649 \u0631\u0628\u062d\u064b\u0627 \u0639\u0644\u0649 Coingecko\u060c \u0644\u0643\u0646 \u0627\u0644\u0633\u064a\u0648\u0644\u0629 \u0627\u0644\u0645\u0646\u062e\u0641\u0636\u0629 \u062a\u0632\u064a\u062f \u0645\u0646 \u0627\u0644\u0645\u062e\u0627\u0637\u0631.<\/p>\n<p>\u064a\u062d\u0630\u0631 \u0627\u0644\u0645\u062d\u0644\u0644\u0648\u0646 \u0645\u0646 \u0623\u0646 \u0627\u0644\u062a\u0642\u0644\u0628\u0627\u062a \u0639\u0627\u0644\u064a\u0629 \u0648\u064a\u0648\u0635\u0648\u0646 \u0628\u0627\u0644\u062d\u0630\u0631 \u0648\u0633\u0637 \u0627\u0644\u062a\u0631\u0627\u062c\u0639. \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u0641\u0625\u0646 \u0627\u0644\u0645\u0634\u0627\u0639\u0631 \u0642\u0635\u064a\u0631\u0629 \u0627\u0644\u0645\u062f\u0649 \u0641\u064a \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0631\u0626\u064a\u0633\u064a \u0635\u0627\u0639\u062f\u0629.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%D8%A7%D9%84%D8%A3%D8%B3%D8%A6%D9%84%D8%A9_%D8%A7%D9%84%D8%B4%D8%A7%D8%A6%D8%B9%D8%A9_FAQ\"><\/span>\u0627\u0644\u0623\u0633\u0626\u0644\u0629 \u0627\u0644\u0634\u0627\u0626\u0639\u0629 (FAQ)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>\u0633: \u0645\u0627 \u0647\u064a \u0645\u0646\u0635\u0629 Mezo \u0648\u0645\u0627\u0630\u0627 \u062a\u0642\u062f\u0645\u061f<\/strong><br \/>\u062c: Mezo \u0647\u064a \u0645\u0646\u0635\u0629 \u0645\u0646 \u0627\u0644\u0637\u0628\u0642\u0629 \u0627\u0644\u062b\u0627\u0646\u064a\u0629 \u0645\u0628\u0646\u064a\u0629 \u0639\u0644\u0649 \u0628\u064a\u062a\u0643\u0648\u064a\u0646 \u062a\u0647\u062f\u0641 \u0625\u0644\u0649 \u0625\u0646\u0634\u0627\u0621 \u0627\u0642\u062a\u0635\u0627\u062f \u0628\u064a\u062a\u0643\u0648\u064a\u0646. \u062a\u0642\u062f\u0645 \u0631\u0645\u0632 \u062d\u0648\u0643\u0645\u0629 (MEZO) \u0648\u0639\u0645\u0644\u0629 \u0645\u0633\u062a\u0642\u0631\u0629 (MUSD) \u0645\u062f\u0639\u0648\u0645\u0629 \u0628\u0627\u0644\u0643\u0627\u0645\u0644 \u0645\u0646 \u0628\u064a\u062a\u0643\u0648\u064a\u0646\u060c \u0645\u0645\u0627 \u064a\u0633\u0645\u062d \u0644\u0644\u0645\u0633\u062a\u062e\u062f\u0645\u064a\u0646 \u0628\u062d\u062c\u0632 \u0639\u0645\u0644\u0627\u062a BTC \u0648\u0643\u0633\u0628 \u0627\u0644\u0639\u0648\u0627\u0626\u062f \u0648\u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0642\u0631\u0648\u0636.<\/li>\n<li><strong>\u0633: \u0645\u0627 \u0647\u0648 \u0625\u0646\u062c\u0627\u0632 MUSD \u0648\u0643\u064a\u0641 \u062a\u062e\u062a\u0644\u0641 \u0639\u0646 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0627\u0644\u0623\u062e\u0631\u0649\u061f<\/strong><br \/>\u062c: MUSD \u0647\u064a \u0639\u0645\u0644\u0629 \u0645\u0633\u062a\u0642\u0631\u0629 \u0645\u062f\u0639\u0648\u0645\u0629 \u0628\u0646\u0633\u0628\u0629 100% \u0645\u0646 \u0628\u064a\u062a\u0643\u0648\u064a\u0646 \u0628\u0646\u0633\u0628\u0629 1:1\u060c \u0645\u0645\u0627 \u064a\u0645\u064a\u0632\u0647\u0627 \u0639\u0646 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0627\u0644\u062a\u0642\u0644\u064a\u062f\u064a\u0629 \u0627\u0644\u0645\u0631\u062a\u0628\u0637\u0629 \u0628\u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0648\u0631\u0642\u064a\u0629. \u062a\u0645 \u0625\u062f\u0631\u0627\u062c\u0647\u0627 \u0641\u064a \u0628\u0648\u0631\u0635\u0629 Bullish\u060c \u0648\u064a\u062a\u0645 \u062d\u0641\u0638 \u0623\u0635\u0648\u0644 \u0627\u0644\u0639\u0645\u0644\u0627\u0621 \u0628\u0646\u0633\u0628\u0629 1:1 \u0645\u0646\u0641\u0635\u0644\u0629 \u0639\u0646 \u0623\u0635\u0648\u0644 \u0627\u0644\u0634\u0631\u0643\u0629.<\/li>\n<li><strong>\u0633: \u0645\u0627 \u0647\u0648 \u0623\u062f\u0627\u0621 \u0631\u0645\u0632 MEZO \u0645\u0624\u062e\u0631\u064b\u0627\u061f<\/strong><br \/>\u062c: \u0627\u0631\u062a\u0641\u0639 MEZO \u0628\u0646\u0633\u0628\u0629 224% \u0644\u064a\u0635\u0644 \u0625\u0644\u0649 \u0623\u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u062a\u0627\u0631\u064a\u062e\u064a \u0639\u0646\u062f 0.1415 \u062f\u0648\u0644\u0627\u0631\u060c \u0644\u0643\u0646\u0647 \u062a\u0631\u0627\u062c\u0639 \u0628\u0646\u0633\u0628\u0629 66% \u0639\u0646 \u0630\u0631\u0648\u062a\u0647. \u062d\u0627\u0644\u064a\u064b\u0627\u060c \u064a\u062a\u0645 \u062a\u062f\u0627\u0648\u0644\u0647 \u0639\u0646\u062f 0.046 \u062f\u0648\u0644\u0627\u0631 \u0645\u0639 \u0632\u064a\u0627\u062f\u0629 \u0641\u064a \u062d\u062c\u0645 \u0627\u0644\u062a\u062f\u0627\u0648\u0644 \u0628\u0646\u0633\u0628\u0629 48%\u060c \u0644\u0643\u0646 \u0627\u0644\u0645\u062d\u0644\u0644\u064a\u0646 \u064a\u062d\u0630\u0631\u0648\u0646 \u0645\u0646 \u0627\u0644\u062a\u0642\u0644\u0628\u0627\u062a \u0627\u0644\u0639\u0627\u0644\u064a\u0629 \u0648\u064a\u0648\u0635\u0648\u0646 \u0628\u0627\u0644\u062d\u0630\u0631.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u0642\u0627\u0645\u062a \u0645\u0646\u0635\u0629 \u0645\u064a\u0632\u0648 (Mezo) \u0628\u0625\u062f\u0631\u0627\u062c \u0631\u0645\u0632 \u0627\u0644\u062d\u0648\u0643\u0645\u0629 \u0627\u0644\u062e\u0627\u0635 \u0628\u0647\u0627 MEZO \u0648\u0627\u0644\u0639\u0645\u0644\u0629 \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 MUSD \u0641\u064a \u0628\u0648\u0631\u0635\u0629 Bullish (\u0627\u0644\u0645\u062f\u0631\u062c\u0629 \u0641\u064a \u0628\u0648\u0631\u0635\u0629 \u0646\u064a\u0648\u064a\u0648\u0631\u0643 \u062a\u062d\u062a \u0631\u0645\u0632 BLSH)\u060c \u0645\u0645\u0627 \u064a\u062a\u064a\u062d \u0644\u0644\u0645\u062a\u062f\u0627\u0648\u0644\u064a\u0646 \u0645\u0646 \u0627\u0644\u0645\u0624\u0633\u0633\u0627\u062a \u0648\u0627\u0644\u0623\u0641\u0631\u0627\u062f \u0627\u0644\u0648\u0635\u0648\u0644 \u0627\u0644\u0645\u0628\u0627\u0634\u0631 \u0625\u0644\u0649 \u0643\u0644\u0627 \u0627\u0644\u0623\u0635\u0644\u064a\u0646 \u0639\u0628\u0631 \u0627\u0644\u0645\u0646\u0635\u0629. \u062a\u062c\u0645\u0639 \u0628\u0648\u0631\u0635\u0629 Bullish \u0628\u064a\u0646 \u0635\u0646\u0627\u0639\u0629 \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0622\u0644\u064a\u0629 \u0648\u0645\u062d\u0631\u0643 \u0645\u0637\u0627\u0628\u0642\u0629 \u0623\u0648\u0627\u0645\u0631 \u0627\u0644\u062d\u062f \u0627\u0644\u0645\u0631\u0643\u0632\u064a\u060c \u0648\u0642\u062f \u062a\u062c\u0627\u0648\u0632 \u062d\u062c\u0645 \u062a\u062f\u0627\u0648\u0644\u0647\u0627 \u0627\u0644\u062a\u0631\u0627\u0643\u0645\u064a 1.8 \u062a\u0631\u064a\u0644\u064a\u0648\u0646 &hellip;<\/p>\n","protected":false},"author":23,"featured_media":156493,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-156494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-20"],"_links":{"self":[{"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/posts\/156494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/comments?post=156494"}],"version-history":[{"count":0,"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/posts\/156494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/media\/156493"}],"wp:attachment":[{"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/media?parent=156494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/categories?post=156494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.arabcryptocap.io\/blog\/wp-json\/wp\/v2\/tags?post=156494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}