Participation Benefits
Expedition (weETHs) offers LPs multiple yield sources and future benefits. weETHs providers retain their Symbiotic and weETHs underwriter points while getting MITO Points (weETHs) for future $MITO airdrops. Also, just by holding miweETHs, LPs will get points from other DeFi applications which will be integrated into Mitosis EOL in the near future. Let’s dive deeper into each of the benefits:
1. MITO Points (weETHs)
Expedition (weETHs) participants get MITO Points (weETHs) by depositing weETHs and holding miweETHs. Accumulating MITO Points (weETHs) grants eligibility for Mitosis governance token ($MITO) airdrops. Expedite MITO Points (weETHs) via multiple methods, including increasing the holding duration of miweETHs, completing Missions, and collecting Badges. Check here for more details on MITO Points (weETHs).
2. Symbiotic Points
miweETHs holders keep getting Symbiotic Points. In other words, weETHs holders continue stacking up their Symbiotic Points even after providing weETHs to Mitosis.
3. EtherFi Loyalty Points (2x)
Similar to Symbiotic Point retention, Mitosis weETHs providers (or miweETHs holders) keep getting their EtherFi Loyalty Points. Additionally, EtherFi offers a 2X boost on their points for all miweETHs holders participating in Expedition (weETHs).
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.