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Participation Benefits

Expedition (uniBTC) offers LPs multiple yield sources and future benefits. uniBTC providers retain their uniBTC underwriter points while accessing MITO Points (uniBTC) for future $MITO airdrops. Also, just by holding miuniBTC, LPs will receive points from other DeFi applications which will be integrated into Mitosis EOL in the near future. Let’s dive deeper into each of the benefits:

1. MITO Points (uniBTC)​

Expedition (uniBTC) participants get MITO Points (uniBTC) by depositing uniBTC and holding miuniBTC. Accumulating MITO Points (uniBTC) grants eligibility for Mitosis governance token ($MITO) airdrops. Expedite MITO Points (uniBTC) via multiple methods, including increasing the holding duration of miuniBTC, completing Missions, and collecting Badges. Check here for more details on MITO Points (uniBTC).

2. Babylon Points​

  • Users who deposit uniBTC minted before Babylon Phase 2 starts (before October 9th) are able to receive Bedrock Diamonds from the integration day 1.
  • Users who deposit uniBTC minted after Babylon Phase 2 starts (after October 9th) will start receiving Babylon Points once Babaylon Phase 3 starts.

3. Bedrock Diamonds (4x)​

Mitosis uniBTC providers (or miuniBTC holders) keep receiving their Bedrock Diamonds. Additionally, Bedrock offers a 4x boost on their points for all miuniBTC holders participating in Expedition (uniBTC) from Day-1 of Expedition (uniBTC).

4. Mitosis Vault​

Mitosis optimizes its LP yield by allocating locked assets in various yield sources across multiple networks. Mitosis aggregates its multi-chain, multi-app tokens/points into miAssets. In other words, users gain multi-chain DeFi exposure just by holding miAssets.

Mitosis Vault will operate full on-chain governance, with miAsset holders participating in deciding the Vault’s strategies.

Start navigating the yield sources via the Mitosis EOL Forum.