Following INIT Capital (INFINIT $IN ), another Mantle ecosystem protocol is about to have its TGE.

Users can simultaneously earn $MITO (Mitosis) airdrop points and $COOK (mETH Protocol) airdrop points through the Mitosis Expedition cmETH Vault.

However, based on the narrative that Mitosis focuses on cross-chain liquidity solutions, I predict that the airdrop distribution of $MITO should be relatively decentralized.

$MITO Token Economics

Derived from Mitosis

  • Ecosystem: 45.5%

  • Team: 15%

  • Foundation: 10%

  • Genesis Airdrop: 10%

  • Investors: 8.76%

  • Initial Liquidity: 4%

  • Exchange Marketing Activities: 3.5%

  • Builder Incentives: 2%

  • Research and Development: 1.24%

Key Insights on Token Economics

  1. Reserving 45.5% token allocation to pave the way for ecosystem expansion.

Mitosis seems to particularly favor protocols that have not yet issued tokens, whether it's Matrix's Morph, Theo, or EOL's YO, both sides provide airdrop token allocation to deposit users.

  1. 10% allocated for the Genesis airdrop, is it a lot or a little?

Although the specific allocation details of Mitosis are still unknown, based on its ecosystem having multiple product functionalities, and having issued the official NFT "Morse", along with the DC identity group and Kaito Yapper activities, if one does not fully participate in the ecosystem, the airdrop allocation could be very limited.

  1. Raised seven million dollars, with investors receiving only 8.76% token allocation.

Mitosis is backed by Amber Group, Fore