Registration period: 8/20~8/26
Open for claiming: before 9/10, open for seven days
Airdrop eligibility: Expedition staking users, Kaito Yappers, DC Roles, Morse NFT and other blue-chip NFT holders, testnet users, and Mitosis university participants
The timing is intriguing, and the next step is to closely monitor the Mitosis Binance wallet TGE event time.
Since the official Mitosis airdrop will be on the Mitosis mainnet, but the Mitosis Binance wallet will definitely be on the BNB chain, if it goes live on the BNB chain first, there will be significant fluctuations in the initial token price due to very low initial liquidity, almost entirely from the selling pressure of activity participants.
Regarding the initial token supply, I have calculated it for everyone. See the image below:
The red box indicates full unlock at the beginning, the yellow box indicates partial unlock at the beginning, and the subsequent numbers represent the total supply ratio converted.
The share of general users is just 10% of the airdrop + 3.5% from exchange marketing = 13.5%, while the initial total supply of tokens is about 28%. In other words, the user's tokens are about half of the initial supply, but the actual circulation will be even less, as the official airdrop has an option for a six-month lock-up (more on that later).
Query Airdrop
Connect to X (Yappers users must connect)
Connect to DC (Roles users must connect)
Connect to EVM wallet
Connect Cosmos Wallet
Currently, it seems that mouth staking > deposits. First connect to X, and it will display the corresponding airdrop amount. Then connect to the wallet to see the amount increase, and you can know the individual allocation of airdrop.
Choose an airdrop plan, enhanced reward or immediate claim
The enhanced reward on the left side: You can get 2.5 times the tokens + incentive pool, but the received tokens are time-locked tMITO (lock-up period of 180 days = six months, can be exchanged for $MITO after expiration). tMITO can be staked to earn gMITO tokens, and can also be traded on DEX or provide liquidity.
The immediate claim on the right side: directly receive the full amount of unlocked $MITO
To balance the attractiveness of the left and right plans, 0.75x the token amount of the immediate claim plan on the right will be added to the incentive pool of the enhanced reward plan on the left.
In addition, 50% of the unclaimed $MITO airdrop will be redistributed to the incentive pool of the left-side reward plan.
According to the announcement, the tMITO on the left side will have a liquidity pool available for trading, but the problem is we don't know how much liquidity there is. If liquidity is sufficient, choosing the left side means you can enjoy 2.5 times the airdrop + incentive pool.
Or you can wait until the last day to register for the airdrop, observe the amount in the incentive pool (which changes in real time), and then decide whether to choose the enhanced reward plan on the left.
Summary
I have to admit, the benefits of mouth staking are too high...
I started staking cmETH in Mitosis at the end of last year, and the allocated airdrop is still less than the airdrop from linking the X account. This once again verifies what I mentioned before: if you don't participate comprehensively in Mitosis, the returns from single participation may not be much.
I think it's still necessary to participate in the Binance wallet event. If you are a large holder, you can benefit from the Booster event to get a certain proportion of shares. If you are a small retail investor, you can get basic returns through the TGE event. The key is whether you have BNB.
In summary, the 3.5% marketing from the exchange is a short-term high-return yield, definitely better than the long-term staking users in Mitosis. Just obediently enjoy the tokens contributed by the project party to the exchange.
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※ Increase an additional 10% of COOK airdrop points, mETH Protocol code:
"myronchiu"
※ Participating in Mitosis allows you to bind a code to increase Mito Points. Partners in need can use my code:
"UAWCDU"
Note that you must complete the binding of the X account to receive the points bonus effect from the binding invitation code!
※ The above content does not constitute investment advice. Users should operate according to their own risk tolerance, and participate in the investment market with caution, DYOR.
※ The attached image is from Mitosis
#Mitosis #BinanceWallet #BinancewalletTGE #Airdrops $ETH $BNB $KAITO