Question 1

What is Mitosis?

Accepted Answer

Mitosis is a Layer 1 for programmable liquidity. Users deposit assets on supported **branch chains** into Mitosis Vaults and receive 1:1 **Hub Assets** on the Mitosis Chain. Those Hub Assets can be supplied to **Vault Liquidity Frameworks (VLFs)** that issue position tokens: **miAssets** via Ecosystem-Owned Liquidity (EOL) and **maAssets** via Matrix. These ERC-4626 shares accrue strategy results and can be traded, used as collateral, or composed in other dApps.

**Architecture & flow:** Execution is EVM-equivalent; consensus is **Proof-of-Stake (PoS) with Cosmos SDK + CometBFT** for fast, finalised blocks. Vaults live on branch chains, while the Mitosis Chain acts as a hub that mints/burns Hub Assets and coordinates cross-chain state. An **Asset Manager** maintains a 1:1 ledger of deposits, allocations and withdrawals.

**Liquidity frameworks:**  
- **EOL (miAssets):** Aggregated, governance-directed liquidity able to negotiate terms with external protocols.  
- **Matrix (maAssets):** Curated campaigns with defined terms, caps and timelines; participants receive maAssets as receipts.

**Programmable positions:** Tokenised positions act as building blocks: they can be traded, pledged as collateral and combined to construct more advanced financial instruments.

**Settlement & accounting:** A cross-chain settlement process updates positions with **yield**, **loss** and **extra-reward** events. Depending on performance, the system mints or burns Hub Assets; rewards in other tokens are recorded and distributed on-chain to keep valuations consistent across chains.

Question 2

What is Mitosis (MITO) token used for?

Accepted Answer

**MITO:** core utilities
- **Staking & security:** stake **MITO** to validators to support consensus.  
- **Validator collateral (operators):** validators lock **MITO** as slashable collateral; delegators’ staked MITO is not subject to slashing.  
- **Rewards path:** stakers earn **gMITO**, which provides on-chain voting power.

Question 3

Supporting tokens (gMITO, tMITO, position tokens)

Accepted Answer

- **gMITO (governance):** non-transferable token earned from staking; used to vote on Mitosis Chain contracts, branch-chain actions via cross-chain execution and selected consensus parameters.  
- **tMITO (time-locked MITO):** airdrop variant that is transferable, stakeable and tradable; redeemable after 180 days for **2.5×** the original MITO allocation plus a share of a Bonus Pool; supported across ecosystem dApps (e.g., MITO⇄tMITO pools, money markets, validator staking via partners).  
- **miAssets / maAssets (position):** as described above, ERC-4626 shares minted when supplying Hub Assets to VLFs; tradable and usable as collateral; periodic settlements reflect P&L and extra rewards.

Question 4

Ecosystem programmes

Accepted Answer

- **Matrix (e.g., Theo Straddle):** curated strategies issuing maAssets with caps and eligibility; rewards may include strategy yield and partner tokens.  
- **Zootosis (Morph):** deposits earn “Zoots” points, later redeemable as Mitosis and Morph token rewards.  
- **Expedition:** cross-chain LRT-focused programme where deposits mint miAssets and accrue MITO-related points by asset type.

Question 5

Who created Mitosis (MITO)?

Accepted Answer

- **Luke (@LukeAlwaysAwake), Co-founder:** product/marketing background; active in crypto since 2017 (Uniswap, Yearn, Curve); focused on removing inefficiencies.  
- **Jake (@Jake_on_me), Co-founder:** in crypto since 2018; co-founded **Keplr Wallet**; technical experience at **Anchor Protocol**.

The founders met in 2017 and began collaborating closely in late 2022 around the thesis **“what if liquidity could move?”**, which shaped the programmable-liquidity design.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	MITO-USDT MITOUSDT	binance	AA	0.01604USDT	3.88%	64,966,455.70MITO	15,248	0.01545USDT	0.01651USDT
2	MITO-TRY MITOTRY	binance	AA	0.7860TRY	3.83%	53,736,533.80MITO	3,547	0.7570TRY	0.8080TRY
3	MITO-USDT MITO_USDT	gateio	A	0.01616USDT	4.73%	1,564,048.50MITO	655	0.01543USDT	0.01651USDT
4	MITO-USDC MITOUSDC	binance	AA	0.01603USDC	3.95%	568,814.30MITO	165	0.01543USDC	0.01641USDC
5	MITO-USDT MITO_USDT	p2pb2b	D	0.01603USDT	3.75%	33,016,859.70MITO	9,107	0.01545USDT	0.01651USDT
6	MITO-USDT MITOUSDT	toobit	C	0.01606USDT	3.88%	10,567,338.10MITO	7,629	0.01546USDT	0.01643USDT
7	MITO-USDT MITO_USDT	bitunix	C	0.01606USDT	3.95%	4,644,494.90MITO	7,188	0.01545USDT	0.01644USDT
8	MITO-USDT MITO-USDT	bingx	D	0.01603USDT	3.82%	4,563,268.44MITO	9,138	0.01545USDT	0.01646USDT
9	MITO-USDT MITOUSDT	mexc	C	0.01607USDT	4.01%	4,119,872.83MITO	2,939	0.01545USDT	0.01648USDT
10	MITO-USDT mito_usdt	digifinex	D	0.01606USDT	3.88%	2,262,858.60MITO	3,031	0.01546USDT	0.01634USDT
11	MITO-USDC MITO_USDC	cryptology	D	0.01606USDC	4.04%	538,996.70MITO	1,374	0.01544USDC	0.01636USDC
12	MITO-USDT MITO_USDT	cryptology	D	0.01607USDT	4.07%	537,727.10MITO	1,387	0.01544USDT	0.01639USDT
13	MITO-THB THB_MITO	bitkub	C	0.5456THB	4.12%	488,149.77MITO	29	0.5240THB	0.5456THB
14	MITO-IDR mitoidr	indodax	E	291.00IDR	5.43%	32,706.33MITO	14	276.00IDR	291.00IDR
15	MITO-USDT MITOUSDT	hitbtc	E	0.01805USDT	0.00%	0MITO	0	0.01805USDT	0.01805USDT
16	MITO-USDT MITOUSDT	coinex	C	0.01634USDT	0.00%	0MITO	0	0.01634USDT	0.01634USDT