Chapter 18 - FAQ

Q1: What is Mitosis?
A: Mitosis is a multi-chain DeFi ecosystem that introduces the concept of Ecosystem-Owned Liquidity (EOL). It allows liquidity providers to gain exposure to yields across multiple blockchain networks through a single deposit, represented by miAssets.

Q2: What are miAssets?
A: miAssets are tokenized representations of assets deposited into Mitosis Vaults. They are issued on a 1:1 basis relative to deposited assets and allow holders to earn yields from multi-chain DeFi opportunities without manual redeployment.

Q3: How does Ecosystem-Owned Liquidity (EOL) work?
A: EOL pools liquidity from various providers into Mitosis Vaults. These vaults, managed by the Mitosis ecosystem, allocate assets across different yield-generating opportunities on multiple blockchain networks, optimizing returns for all participants.

Q4: How can I participate in Mitosis governance?
A: As a miAsset holder, you can participate in governance by voting on proposals through the Mitosis Synthesis Application. Your voting power is proportional to your miAsset holdings, calculated using a Time-Weighted Average Balance (TWAB) over seven days.

Q5: What types of proposals can I vote on?
A: Mitosis supports various proposal types, including EOL allocations, parameter changes, protocol upgrades, and strategic partnerships. Each type follows a specific process designed for its purpose and urgency.

Q6: How does Mitosis ensure security and transparency?
A: Mitosis employs a multi-sig requirement for finalizing governance decisions, regular audits, and transparent reporting. The Mitosis Forum and Governance Dashboard provide open platforms for community discussion and oversight.

Q7: What is Mitosis Expedition?
A: Mitosis Expedition is a gamified system that incentivizes community participation in governance activities.

Q8: How does Mitosis handle cross-chain operations?
A: Mitosis Vaults are deployed on multiple blockchain networks, allowing for seamless cross-chain liquidity management. miAsset holders can benefit from yields across different chains without manually moving their assets. Additionally, some rewards are exclusive to specific networks; for example, Linea XP is exclusive to Linea depositors, and similar exclusive rewards apply to other networks like Scroll with its Scroll Marks. This incentivizes participation across different chains while maintaining efficient liquidity management.

Q9: What advantages does Mitosis offer over traditional liquidity provision?
A: Mitosis offers simplified multi-chain exposure, optimized yields through collective management, reduced gas costs for cross-chain operations, and empowerment of liquidity providers through active governance participation.

Q10: How can developers integrate with the Mitosis ecosystem?
A: Developers can propose new vault strategies, create applications that utilize miAssets, or participate in governance to shape the ecosystem's future. The Mitosis team welcomes collaboration and provides resources for integration.