MITO – The coin nurturing the Mitosis infrastructure
In the blockchain world, the issues of scalability and connectivity between chains are always challenging problems. Mitosis was created to address this, building a liquidity layer infrastructure that allows assets to move flexibly and smoothly between ecosystems. And at the center of it all is the MITO token.
MITO has 3 important roles:
• Utility: used for transaction fees, staking to secure the network.
• Liquidity: encourages providing liquidity, creating a flow of cross-chain assets.
• Governance: empowers the community to decide on the development direction of Mitosis.
The strength of MITO lies in being part of a highly applicable infrastructure project, especially as DeFi, GameFi, and SocialFi increasingly demand smooth cross-chain capabilities. If Mitosis succeeds, MITO could certainly become an indispensable piece in the multi-chain liquidity flow.
