@Mitosis Official #Mitosis $MITO
Here’s ~105-word summary about Mitosis / $MITO:
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Mitosis is a novel Layer-1 blockchain built around the concept of Ecosystem-Owned Liquidity (EOL). Its native token, MITO, powers staking, transaction fees, and governance within the Mitosis ecosystem.
A unique feature is its three-token model: MITO, gMITO (for governance, earned via staking MITO), and tMITO, which is time-locked to encourage long-term commitment. There’s also a “Matrix” product for premium DeFi yield opportunities and tokenized liquidity positions (maAssets, miAssets) that let liquidity providers use their locked assets across multiple chains.
As of now, MITO has a total supply of 1 billion tokens, with ~196 million in circulation. The market capitalisation is modest, and the price has shown volatility—partly because only a portion of the supply has unlocked.
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If you want, I can also give recent performance, risks, or what analysts think of MITO?