Folks who didn’t catch the @MitosisOrg testnet & expeditions don’t need to panic.
You can still catch a $MITO airdrop by spreading the word.
❖➤ I did a quick deep dive into $MITO, and it’s bound to stir up conversations with its 3-token system for staking. Let's analyze it:
• $MITO: The primary token, acting as gas, trade, and stake currency. It drives every chain transaction.
• $gMITO: Governance power earned by staking MITO. It lets you vote on reward distribution. It’s a non-transferable token, so no vote buying.
• $LMITO: Locked MITO rewards that gradually unlock over time. With gMITO, you can vote to accelerate this process.
In terms of staking and liquidity, Mitosis is capturing a significant market share and won't flip the switch anytime soon.
❖➤ And it doesn’t end here; Mitosis advances its cross-chain liquidity protocol:
• Ultra Fast - Cross-chain transfers done at near-instant speed.
• Atomic Security - Ensures the secure movement of assets across chains.
• Unified Liquidity Layer - Pools cross-chain assets into one unified, smooth experience.
They’re connecting the liquidity of chains like Polygon, Ethereum, and Optimism without the usual drawbacks.
Additionally, they support APIs and SDKs for developers and ensure adaptability for future changes with Layer 2 Solutions.
Mitosis is definitely one to keep an eye on!