Reminder about the $tMITO mechanics — many missed this
After 180 days → 1 $tMITO = 1 $MITO.
Right now on the market:
1 $MITO ≈ 2.4 $tMITO
👉 meaning $tMITO is trading at a discount to $MITO.
So $tMITO works like a bond: it trades at a discount, and this discount gradually decreases until it disappears on day 180 (when the rate becomes 1:1).
⏳ The closer to the final date, the less favorable the swap — the discount fades away.
In essence, $tMITO functions like a bond: over time its value converges to the nominal.
This was mentioned in the @Mitosis Official airdrop registration post, but many didn’t pay attention.
📌 DYOR: the final profit depends on where $MITO’s price will be in 5–6 months.