Redeem miLRT

Redeem miLRT

Redeeming your miLRT is burning miLRT to retrieve the underlying LRT.

When you execute redeem transactions, Mitosis will:

  1. Burn your miLRT

  2. Transfer your previously deposited LRT back to you

Community Redistribution (CR)

When you redeem miweETH, you return some of your MITO Points to Mitosis. This Community Redistribution (CR) process accumulates and redistributes the CR Points to the remaining LPs. The percentage of Points taken (maximum 10%) is calculated based on the redemption order size and how long you remained as an LP before redeeming.

The accumulated CR Points are first saved in the CR Treasury. The CR Treasury then redistributes the Points to LPs based on their Tiers and miLRT balances daily, with a 7-day cadence.

You can find more details on CR and CR Points in the "CR" section of the "About Tiers" page.

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