[Latest News]
According to official news, Mitosis has launched the MITO game reward event! 70% of MITO tokens earned in the testnet will be transferred to the mainnet. The event will last until December 22!
Project Introduction
Mitosis is a liquidity protocol for the modular era, designed to redefine cross-chain liquidity. It makes cross-chain LPing more attractive by providing liquidity. Mitosis LP receives derivative tokens that can be exchanged 1:1 with their locked assets. LPs can use these derivative tokens to participate in various DeFi applications on supported Ethereum L1 chains and L2 Rollups, essentially allowing LPs to earn additional returns on their cross-chain assets based on default fee sharing.
Tags: DeFi, Derivatives
Established: 2023
Financing Situation
On May 2, 2024, Mitosis completed a $7 million seed round financing. Led by Foresight Ventures and Amber Group, with participation from GSR, No Limit Holdings, Big Brain Holdings, Folium Ventures, Cogitent Ventures, Digital Asset Capital Management, Everstake Capital, Citizen X, Pivot, nonce Classic, Mr. Block, Eric Chen, Chjango Unchained, Jon Kol, Josh Lee, Sunny Aggarwal, Rok Kopp, soby, Sam Benyakob, Charlie, Jazzy, and multiple investment institutions.
How to obtain airdrop eligibility
1. Claim faucet tokens
• Visit the link: https://testnet.mitosis.org/faucet
• Click 'View Current Eligibility'.
• Connect your X (formerly Twitter) and Discord accounts.
• Claim faucet tokens.
Each wallet can claim a maximum of 10 times during the entire testnet period.
2. Deposit tokens into the Mitosis testnet
• Click the 'Deposit' button in the upper right corner.
• Deposit all available tokens.
When claiming faucet tokens, be sure to deposit them into the Mitosis testnet.
3. Cast your vote
• Visit the link: https://testnet.mitosis.org/EOL-voting/gauge
• Vote.
Be sure to utilize all available blockchains and tokens to vote
4. Participate in EOL (Ecological Self-Liquidity)
• Visit the link: https://testnet.mitosis.org/EOL-vault
• Choose a token and make a deposit.
Deposit as many tokens as possible to maximize your participation!
5. Galxe Tasks
• Link: https://app.galxe.com/quest/Mitosis
• Complete all tasks
• Claim your OAT and points
6. My Page
• Go to 'My Page'
• Select cells craft
• Merge 2 cells to get a Cluster, merge 2 clusters to get an Item
7. Use dApp on the Mitosis testnet
• Go to Overview > DApps.
• Interact with all available DApps.
8. Interaction
Link: http://app.chromo.exchange
• Connect your MetaMask wallet
• Exchange ETH for MIETH, exchange OP for COMP
This content is for informational sharing only and does not constitute any investment advice. Cryptocurrency carries significant risks, and you may lose your entire principal; please invest cautiously.
