Mitosis (MITO) Price
MITO RANK #1247## About Mitosis
## What is Mitosis?
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.
