Mitosis is the design that I find most interesting, with its "three-token governance model".
It doesn't simply rely on a single token for decision-making; instead, it delegates governance, incentives, and liquidity distribution to three roles: MITO, gMITO, and LMITO—each with distinct responsibilities yet interconnected.
First is MITO, the basic governance token. With it, you can participate in voting and earn incentives, serving as an entry ticket.
But what truly creates the difference is gMITO and LMITO.
When you lock up MITO, you can generate gMITO, which gives you "greater voice" in governance and makes it easier to receive rewards, acting as an accelerator for active participants.
LMITO is more focused: it solely manages how to allocate liquidity and to whom—essentially refining "fiscal power" to make resource distribution more precise.
In other words, Mitosis does not compress governance into a single token but separates "who gets to speak," "how to incentivize," and "how the money should be used" for individual handling.
This not only avoids decision-making monopolized by whales but also makes governance more flexible and targeted.
Of course, the locking mechanism might limit flexibility during market fluctuations, but overall, this layered governance approach indeed injects stronger scalability and community engagement into the project—worth savoring.
