> ## Documentation Index
> Fetch the complete documentation index at: https://docs.mezzamine.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Overview

> A yield-bearing Bitcoin token issued by Maestro, holding mining credit exposure with flexible redemption.

<CardGroup cols={2}>
  <Card title="myBTC on Maestro" icon="arrow-up-right-from-square" href="https://gomaestro.org/mybtc">
    Product page, access, and onboarding.
  </Card>

  <Card title="Full documentation" icon="book-open" href="https://docs.gomaestro.org/mybtc/overview">
    Terms, structure, fees, and redemption mechanics, on the Maestro docs.
  </Card>
</CardGroup>

myBTC is a yield-bearing Bitcoin token issued by Maestro, Mezzamine's parent company. It holds the same mining credit exposure as [Prime Lending](/for-lenders/prime-lending/overview) without a committed term, alongside a liquid sleeve that funds redemptions. Mezzamine manages the mining credit book behind it. Deposit, yield, and redemption are all in BTC.

| Term             | Detail                                                                 |
| ---------------- | ---------------------------------------------------------------------- |
| Target BTC APY   | 4 to 5%, indicative                                                    |
| Yield engines    | Mining credit at 6 to 9%, Bitcoin solver settlement spreads at 3 to 4% |
| Minimum deposit  | 3 BTC                                                                  |
| Lockup           | None. Redeem by token burn at mNAV, or sell on the secondary market    |
| Redemption speed | 24 to 48 hours                                                         |
| Custody          | Direct to contract, or a qualified custodian                           |
| Launch           | Q4 2026                                                                |

## Value propositions

* Mining credit yield without a committed term
* Transferable token, so exit is available through the secondary market rather than a redemption queue
* Liquid sleeve earns between credit cycles and during oversubscription
* Delta-neutral BTC hedge covering 100% of notional to protect principal