Have you ever encountered this situation? You put LP in a certain DeFi protocol, it seems like the returns are quite high, but the actual money you receive is far from what you expected, and no one can clearly tell you the reason.

‘Oh, that's because you are participating in a multi-path strategy, which involves protocol fees, management shares, reward pool unlocking periods, incentive depreciation, and transaction fee slippage, among other things.’ This is exactly where many people feel disappointed with DeFi: too many strategies operate as black boxes, and the sources of returns are a complete mystery.

It wasn't until I used @Mitosis Official that I finally saw clearly for the first time— it turns out, the profit path can be completely 'dissected.'

1️⃣ Why do most DeFi protocols' earnings feel like “opening blind boxes”?

The root cause is that most protocols do not publicly break down the strategy path and reward mechanism.

For example, you stake LP to get an annualized 20%, but how did this 20% come about? Is it trading fees? Is it platform subsidies? Is it additional token rewards? Is it leveraged strategy secondary mining?

Users cannot see what happens in between; they only know the result “looks pretty good.”

But as long as you are a serious money manager, you will definitely ask:

“Who is giving me the money I earn? Where exactly is the risk I am taking hidden?”

2️⃣ Mitosis's earnings are displayed layer by layer.

In Mitosis, every strategy path is automatically parsed into multiple modules, with each module's source of earnings, cost structure, and risk points clearly labeled.

When I was assembling an LP + Convex mining + Auto-compound strategy, the system automatically broke down the following content:

  • LP trading fees (source: Balancer)

  • Convex rewards (source: CRV+CVX incentive pool)

  • Reward lock-up periods and release mechanisms

  • Execution costs required for strategy deployment (Gas and management fees)

  • Projected rolling earnings after automatic reinvestment of rewards

This information has been integrated into the “Earnings Analysis Chart,” marking the strongest earnings and highest costs like a heat map.

This is much more transparent than those protocols that only show “single APY.”

3️⃣ Not only understandable, but also able to adjust strategies based on the earnings structure.

My favorite feature is – you can directly click on the module to replace or turn off any step.

For example, I found that at a certain stage, Convex rewards were significantly reduced, so I directly replaced this step with the Frax Boost module, and the system automatically recalculated the estimated earnings for the entire earnings path.

It's like you are playing (Cities: Skylines), adjusting the city's power and water configuration based on the current situation. But now you are playing with your asset portfolio, and the earnings path is constructed by you.

This experience of “strategy transparency + dynamic combinations” is almost nonexistent in traditional DeFi.

4️⃣ Real earnings ≠ APY, Mitosis uses “net earnings visualization” to help you see through the illusion.

APY is actually a very easily abused data point.

Some protocols display APY that includes unlocked rewards, while others count their subsidized tokens as part of the earnings, and some even consider the slippage from liquidity market making as “user income.”

Mitosis uses the “Net Strategy Yield” model to directly exclude:

  • Rewards not yet unlocked

  • Strategy deployment costs (gas, management expenses)

  • Earnings loss from early exit

  • Market slippage loss

It only shows your real realizable earnings and even allows you to set different exit cycle simulations to see the differences between early exit vs. long-term holding.

5️⃣ What Mitosis is helping us with is not just “earning more,” but “understanding how to earn.”

I joked with my friends that Mitosis is the first DeFi protocol that makes me feel like I'm not “blindly investing.”

It not only provides strategies but also educates users:

  • What is the value of reinvestment?

  • Which paths' earnings have been “diluted”?

  • Which module combinations are not worth using?

  • Why do high yields look appealing but may actually be a model for exploiting investors?

This is the “DeFi second phase” I have always hoped to see.

✅ To summarize:

Mitosis does not tell you that it will help you get rich; what it does is let you see where every penny flows.

When you truly understand where your earnings come from, where the risks of the strategy are hidden, and how the combination logic is constructed, at that moment, you are no longer that blindly following DeFi user, but a “strategist” who can control the fate of your own assets.

So if you are fed up with those DeFi projects that only show superficial APY, I suggest you try MitosisOrg yourself and test that strategy builder which makes the earnings path completely transparent.

Maybe you will feel like me, with a sense of “finally understanding.”#Mitosis