FAQs
Check out the FAQs about Zootosis.
General
1. Are Matrix Zootosis Vaults audited?
: Yes. For pre-mainnet, the Matrix Zootosis Vaults are the same contracts as the existing Mitosis Expedition Vaults. Once mainnet launches, these pre-mainnet maAssets will be migrated to mainnet maAssets (TBC). See audit reports here: https://docs.mitosis.org/docs/learn/audit-reports.
2. Are there any eligibility criteria for participating in Zootosis?
: No, there are no eligibility criteria. Anyone can deposit from Zootosis Day 1 as long as they have any of the supported assets.
3. Is there a minimum deposit amount?
: No, you can deposit any amount of the supported assets.
4. Is the fund I deposit getting locked?
: No, you can withdraw your funds anytime you wish without any waiting period, but exiting earlier than the Zootosis duration (270 days) forfeits your accumulated rewards up to 90%. For the first 7 days of each deposit, maximum withdrawal penalty of 90% is applied. This forfeiture percentage decreases linearly over the course of the Zootosis duration (270 days).
5. I can’t connect my wallet
: Please switch your network to the Morph network, and retry. Open a ticket in Mitosis Discord if the issue persists.
6. What is TWAB (Time-Weighted Average Balance)?
: TWAB (Time-Weighted Average Balance) is a method of calculating a user’s average asset holdings over time, giving more weight to longer-held balances. It ensures fair distribution of rewards by considering both the amount and duration of holdings rather than just a snapshot.
7. When Phase 1 concludes, does Phase 2 start immediately?
: Phase 1 will continue even after Phase 2 begins. The exact date to start Phase 2 will be announced later. Please stay tuned.
8. What happens if I don’t participate in Phase 2?
: Not participating in Phase 2 doesn’t impose any penalties or disadvantages on you. However, you may miss multiple opportunities to access rewards provided in good condition. Don’t give up putting your maAssets (Morph) to work.
9. Why can’t I see the amount of Zoots I’ve received from the Zootosis website?
: Zoots is an internal system to calculate. Instead, you’ll see the amount of Morph token rewards and Mitosis token reward directly on the Zootosis front-end, which is more straightforward.
10. When will we know the wildcard asset?
: Details to determine the Wildcard Asset will be announced. We’re considering several approaches that both Morph and Mitosis can engage with in the decision process (e.g., community voting).
Rewards
1. What is the total Mitosis and Morph token allocation for Zootosis?
: The base Mitosis token allocation and Morph token allocation are capped at 1% at a specific target Zootosis TVL (calculation based on TWAB). The allocation percentages for TVL values below the target Zootosis TVL are proportionally adjusted.
2. When can I receive my token rewards?
: You’ll be able to receive your Mitosis & Morph token rewards from Zootosis at the expiration of the Zootosis duration (270 days).
Multipliers
1. I think I meet some conditions for Extra Multipliers, but the Multipliers haven’t been applied to me.
: Extra Multipliers are based on the snapshot at 12:00:00 AM UTC on May 7th.
2. Is the maweETH (Theo) Holder Multiplier based on the aggregated amount across all networks?
: Yes. Your eligibility for the maweETH (Theo) Multiplier is based on the sum of maweETH (Theo) you hold across all supported networks (i.e., Ethereum, Arbitrum, and Linea). For example, holding 0.4 maweETH (Theo) on Ethereum, 0.3 maweETH (Theo) on Arbitrum, and 0.3 maweETH (Theo) on Linea at the time of the snapshot makes you eligible for the multiplier.
Redistribution
1. How does the redistribution of the forfeited rewards work?
: The forfeited rewards from Zootosis participants are redistributed daily. Zootosis users are divided into five internal tiers, and each tier receives its respective share of the redistributed rewards. Users within each tier receive a portion of the total redistribution pool based on the percentage assigned to their tier. Each tier has a different percentage share of the total redistribution pool, and all users within the tier will receive their portion of the rewards accordingly. You’re correctly receiving redistribution rewards as long as you keep sticking around!