APY | Annual Percentage Yield, the real rate of return earned on an investment, taking into account the effect of compounding interest. |
Blockchain | A decentralized ledger of all transactions across a network, maintained by a distributed network of computers (nodes). |
Candidate | A proposer (typically a protocol) that initiates a proposal for EOL Allocation. |
Ecosystem Owned Liquidity | Liquidity that is owned and managed by the Mitosis ecosystem, allocated to various protocols through a community-governed process. |
EOL Allocation Category | A specific category within the Mitosis Forum where candidates propose and discuss potential allocations of Ecosystem Owned Liquidity (EOL). |
Gauge Proposal | A proposal used to allocate assets to protocols that have passed the Initiation Proposal (conducted weekly). |
Gauge Vote | A weekly vote to determine the allocation ratios for ratified proposals, conducted using the Mitosis Synthesis platform. |
Governance Process | The process by which decisions are made and implemented within the Mitosis project. |
Initiation Vote | A vote to determine whether a protocol progresses to the next stage of the governance process. |
miAsset | A digital asset within the Mitosis ecosystem. miAssets are specific to different types of tokens (e.g., miweETH, miuniETH) and their voting power is determined by the total amount held across all chains. |
Mitosis Forum | The Mitosis Forum where users, proposers, and the Mitosis team can communicate. |
Mitosis Vault | A specific investment or management approach employed by a protocol within a vault to optimize returns or achieve specific financial goals. Vault strategies are proposed, reviewed, and voted on by the Mitosis community. |
Multi-Sig | A cryptocurrency wallet that requires multiple private keys to authorize a transaction, enhancing security and requiring consensus among the signers. |
Proposal | A formal suggestion or plan put forward for consideration or discussion by the Mitosis community. |
Proposer | Proposers can initiate proposals for EOL allocations and are subject to the governance process, including rounds of community feedback, voting, and approval (protocols and lead delegates of protocols are the typical proposers). |
Quorum | The minimum number of votes that must be cast for a proposal to be considered valid. |
Ratified | The status of a candidate protocol that has successfully passed the Initiation Vote stage, indicating community approval to advance to subsequent stages of the governance process. |
Rejected | The status of a candidate protocol that has failed to pass the Initiation Vote stage, indicating that it did not receive sufficient community approval to advance to subsequent stages of the governance process. |
Remove Proposal | A proposal to remove a specific protocol that has passed the Initiation Stage. |
Snapshot | A record of the state of the blockchain at a specific time that is used to determine voting power. |
Synthesis | The Mitosis application where you can vote on Initiation/Gauge/Remove proposals. |
Temperature Check | A preliminary voting process to gauge community sentiment and support for a proposal before it proceeds to stage 1. |
TWAB | Time-Weighted Average Balance (TWAB): A method of calculating the average balance of an asset over a specific period to determine voting power. |
User | Mitosis end user. |
Voting Period | The designated time frame during which votes are cast on a proposal. |
Voting Power | Voting power refers to the weight or influence of a vote, often determined by the amount of tokens a participant holds. |