Mitosis is a new L1 blockchain network designed to solve the issue of liquidity fragmentation in traditional DeFi platforms by using the Ecosystem-Owned Liquidity model.
The platform has partnered with Ether.fi, and a portion of its liquidity in Mitosis vaults is symbolized as Wrapped Ether.fi Ether (weETH).
The new Mitosis liquidity model targets fragmented blockchains and dApps, aiming to attract more TVL from community-owned liquidity.