Binance Mitosis (MITO) Booster Event Season 1 BNB Pool TVL Reaches $77.71M

BlockBeats News, August 19, according to information on the relevant page, the first season of the Binance Mitosis (MITO) Booster event has a BNB pool TVL of $77.71 million and a USDT pool TVL of $111 million.

Prior to this news, Binance launched the Mitosis (MITO) Booster event's first season, which went live today at 8:00. As of the time of writing, the current BNB pool APY is reported at 40.24%, and the USDT pool APY is reported at 21.14%. This event allows users to deposit BNB or USDT into the Simple Yield Mitosis Treasury through the Binance Wallet to receive MITO rewards, with a total reward of 15 million MITO, and the event does not set an Alpha point threshold. Users can redeem assets through the Mitosis DApp, but it is important to note that the BNB redemption process may take up to 10 days, and the USDT redemption process may take up to 5 days.