#Mitosis @Mitosis Official $MITO
Here’s a detailed summary of Mitosis (MITO) crypto / project — what it is, how it works, its tokenomics, strengths & risks, etc.
What is Mitosis
Mitosis is a Layer‑1 blockchain with a novel model for liquidity in DeFi called Ecosystem‑Owned Liquidity (EOL).
The goal is to address problems in DeFi like:
Liquidity fragmentation (assets split across many chains/protocols)
Locked capital that can’t be used elsewhere or earns sub‑optimal yield
Yield opportunities being skewed toward large/institutional players, while smaller users often miss out
So Mitosis tries to unify liquidity across chains, make it more “programmable”, and give users more control/participation.
Key Concepts / How It Works
Here are some of the building blocks of how Mitosis works:
ComponentDescriptionMitosis VaultsSmart contracts where you deposit assets. When you deposit, you get “Hub Assets” which represent the deposited assets but are more flexible/liquid. Hub AssetsThese are tokenized representations of your deposited assets, which can move across blockchains. Allows your capital not to be stuck in one place. miAssets / maAssetsThese are programmable or yield‑bearing tokens derived from your liquidity positions. For example via “Matrix” (curated high yield / curated opportunities) or through the broader EOL model. EOL (Ecosystem‑Owned Liquidity)Key idea: instead of each protocol trying to attract/lock liquidity, liquidity is owned and managed by the ecosystem. This gives LPs (Liquidity Providers) more stable, collective benefits, and helps smaller LPs access more efficient yield opportunities. MatrixCuration + premium yields campaigns; more selective, possibly for users willing to accept more risk / commit more. Offers better rewards but with transparent conditions.
Token Models & Token Types
Mitosis has a multi‑token model. The main tokens are:
TokenRole / PurposeMITONative utility token. Used for staking, rewards, some ecosystem activity. gMITOGovernance token.