Mitosis
$7M
Liquidity Protocol for the Modular Age
2024-05-02
Basic Introduction:
Mitosis is a liquidity protocol for the modular age that aims to redefine cross-chain liquidity. It makes cross-chain LPing more attractive by making it liquid. Mitosis LPs receive derivative tokens that are redeemable 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 enabling LPs to earn additional returns on their cross-chain assets on top of the default fee sharing.
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