MitosisPrice

(MITO)

Mitosis is a "Liquidity Protocol Layer 1" built on the Cosmos SDK with EVM compatibility. Unlike general-purpose blockchains, its primary goal is to unify fragmented liquidity using an Ecosystem-Owned Liquidity (EOL) model. It allows users to deposit assets (like ETH) and receive "Hub Assets" that remain liquid and usable for other DeFi strategies while still earning rewards on the original chain, effectively making assets programmable across multiple networks.

Mitosis utilizes a three-token model. MITO is the native utility token used for gas fees, staking, and fundamental rewards. gMITO (Governance MITO) is acquired by staking or locking MITO, granting voting rights in the Morse DAO to determine vault liquidity allocation. tMITO (Time-locked MITO) is a special, temporarily locked token, often distributed via airdrops. It can be used for staking or as collateral before its scheduled unlock.

The tMITO unlock cliff is a crucial event scheduled for March 11, 2026. Approximately 181 million tMITO tokens, which account for roughly 20% of the total supply, are slated to convert into liquid MITO tokens. This conversion will occur at a 1:2.5 ratio. This date is highly discussed within the community as it represents a major milestone for the project's token dynamics and overall ecosystem development.

The Mitosis Expedition is a points-based program designed to incentivize user engagement and liquidity provision. Participants earn MITO Points by depositing various assets, such as weETH, into Mitosis vaults. These points are the primary metric used to determine eligibility for airdrops and tiered rewards. Users can further increase their point-earning rate by collecting "Badges" (e.g., for early participation) and benefiting from "Multipliers" (e.g., 1.2x boosts) offered for liquidity on specific networks like Arbitrum or BNB Chain.

To participate in the governance of the Mitosis protocol via the Morse DAO, users must hold gMITO. This is obtained by staking their MITO tokens. Holding gMITO grants voting rights, allowing participants to influence critical decisions such as protocol upgrades and the strategic allocation of liquidity from the Mitosis vaults. The Morse DAO is designed to empower token holders with complete control over the Ecosystem-Owned Liquidity funds, shaping the future direction of the Mitosis network.

No, this is a common misconception. The Mitosis Layer 1 blockchain, focused on solving cross-chain fragmented liquidity, is entirely separate from Mito Finance. Mito Finance is an independent automated trading and launchpad protocol that operates specifically within the Injective blockchain ecosystem. While they share a similar name, they are distinct projects with different underlying technologies, use cases, and blockchain foundations.