About Mitosis (MITO)
Mitosis is a Layer 1 blockchain protocol designed to rework cross-chain liquidity in DeFi via its Ecosystem-Owned Liquidity (EOL) strategy. It seeks to streamline liquidity provision throughout numerous blockchains, enabling modular blockchains and dApps to spice up TVL with community-driven liquidity.
Its core product, Matrix, collaborates with main DeFi protocols to offer unique liquidity choices with clear, enhanced rewards. Customers can stake belongings in Mitosis Vaults to obtain miAssets, that are absolutely convertible to the locked belongings and usable in DeFi for further yield.
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