EOL Allocation Process
EOL Allocation is a process that enables collective decision-making of liquidity allocation through a structured process that emphasizes transparency and market efficiency.
The process revolves around 2 primary voting mechanisms:
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Initiation Voting: For New Protocol Integration
Protocols seeking EOL integration first submit proposals to the Mitosis Forum, detailing their terms, reward structures, and intended use of liquidity. The community evaluates these proposals, and miAsset holders vote on whether to include the protocol in EOL's allocation portfolio. This process ensures that only protocols offering competitive terms and demonstrating sustainable value can access the collective's liquidity.
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Gauge Voting: For Ongoing Liquidity Allocation
Once approved, protocols become eligible for liquidity allocation through Weekly Gauge Votes. miAsset holders cast votes to determine how their specific asset's liquidity should be distributed among approved protocols. For instance, miETH holders vote on ETH allocation, while miUSDC holders vote on USDC allocation. Voting power is proportional to miAsset holdings, and users can delegate their voting rights to applications built on Mitosis L1, enabling efficient governance participation at scale.