In 2017, I met my cofounder @Jake_on_me. We kept coming back to one obsession. Build products in crypto that remove inefficiency. Jake went on to be among the first in the Cosmos ecosystem to articulate liquid staking and turn it into a real product.
Mitosis is built around one core idea: programmable liquidity. We take locked positions, unlock them, and reissue them as a single asset type. We tokenize positions from real-world assets, yield-bearing stablecoins, and on-chain derivatives. Once tokenized, these assets can be put to work across DeFi on the Mitosis mainnet.
Through the Mitosis Vault Liquidity Framework, we have shipped Ecosystem Owned Liquidity, Matrix, and Yarm. These products are live, and about $90m of liquidity is already in active use.
Assets activated through Mitosis can be deployed in DeFi while still earning their base yield in parallel. That enables strategies that compound utility and yield at the same time and create real leverage where it matters.
This is the foundation. Our focus right now is simple. More chains. More apps. More teams. Crypto is onboarding the next wave.
As that wave builds, MITO will go after two problems.
1. Help new protocols overcome the cold start problem
2. Find opportunities across chains and apps, and turn the liquidity tied to those opportunities into programmable liquidity through tokenization
$MITO sits at the start of this vision. With programmable incentives, we will spin the flywheel at both the protocol and chain levels.
Thank you for believing in what we are building. Mainnet is the first chapter of this vision, and we aim to deliver a better experience for every user.
gMITO
The first Yarm with @multiplifi is live: https://t.co/U2ei5Q0zZR
Get Carry rewards if you have allocation.
Join with your stablecoins on Yarm for exclusive access to Multipli’s native yield & extra incentives.
This is my first open source project as a maintainer. I feel proud to see my work made public, and it motivates me to continue maintaining it at a high level of quality. 🧬
Someday, thanks to Mitosis, we won’t need to farm yield ourselves anymore, so there might be a strange day when we actually practice farming on purpose. Like, “Gotta warm up my farming muscles today.”
Just as we intentionally exercise nowadays because we don't need to use our bodies naturally (for survival), it seems that brain exercises might become essential in the future.
Meet the teams building in the Mitosis Alignment Circle 🧬
Explore the pioneers and become part of the journey.
🔗 https://t.co/bJwftWaVpN
Find more details 🧵
1/ i'm super excited to announce the DNA program!
after months of work, this aims at solving the biggest problem in crypto: aligning chain incentives.
let me break down how it works...
Welcome to the Matrix Vault by @Theo_Network. Phase 1 is capped at a 3,000 miweETH/weETH deposit limit.
🔗https://t.co/2WrKJhxl7P
Deposit now to simultaneously access Theo token rewards, funding rate yield (from Straddle), and MITO Points (weETH).
Read below for details🧵
Matrix meets OKX @wallet🤝
Depositing to Matrix Straddle Vault with OKX Wallet will boost your @TheoNetwork_ token rewards and MITO Point (weETH) rewards by 0.5%.
Get yours ready!
Providing liquidity is effectively an investment of your liquidity. Consider the opportunity cost.
But what if you could liquefy your invested liquidity?