Easily Enter the World of Mitosis
Dear DeFi Practitioners, welcome to the world of Mitosis! There are no complex barriers here, only efficient liquidity magic. Today, we will break down step by step how to use the Mitosis protocol to transform your positions into programmable components, easily tackling the inefficiencies of the market.
Getting Started: Visit Mitosis Vaults, connect your wallet on supported chains like ETH or BSC, and deposit USDC or any asset. The protocol instantly mints Hub Assets—your 'liquidity passport,' securely bridging to the Mitosis Chain.
Choosing Your Yield Path: Different Playstyles for Beginners and Advanced Users
Next, choose your yield path: beginners are recommended to use EOL, join the community pool, and vote to select high APY opportunities (such as Curve farming), earning miAssets. These tokens are super flexible: want to trade? Sell on Uniswap; need to collateralize? Directly lend out ETH; or even break down—use protocol tools to separate principal (stable part) from yield (high volatility part), invest the principal in stable strategies, and chase yield with leverage.
Advanced users, try Matrix: select preset campaigns (like 1-month liquidity provision, targeting 20% APR), lock Hub Assets, and earn maAssets. At the end of the campaign, the settlement system automatically handles it: cross-chain tracking of your share, distributing net profits plus rewards after deducting IL, with no manual intervention required.
Mitosis' Efficiency Advantages and Practical Strategies
This is the efficiency secret of Mitosis—traditional DeFi locks your LP positions, and opportunities slip away; here, position tokens make everything liquid: use miAssets as collateral on Aave to borrow more funds for circular farming; or combine maAssets to build arbitrage bots, capturing price differentials.
Transparent pricing ensures you always know the real value, collective bargaining allows small deposits to enjoy large returns, and democratic governance (EOL voting) gives you a voice, influencing the flow of funds.
Practical Tips: Monitoring and Risk Control
Tip: Monitor the Mitosis Chain dashboard to see TVL and yield curves in real-time; risk control uses built-in thresholds, automatically exiting if IL exceeds limits.
Mitosis is not just a tool; it is your DeFi accelerator: liberate yourself from inefficiency and embrace programming freedom. Act quickly, deposit your first amount, and embark on your efficient journey!