Aligning Blockchain Incentives: The Mitosis DNA Program's Innovative Approach

Have you ever wanted to be on a chain where the trends never fade? Here comes Mitosis DNA program : a groundbreaking approach to solving the chain incentive problem and ensuring sustainable, aligned growth across the ecosystem.

Mitosis is in the process of reshaping how blockchain ecosystems incentivize participation. The DNA Program introduces a permissionless, community-driven model that enables long-term engagement and rewards real value creation

To achieve this, Mitosis introduced a Three-Token system with each token serving it purposes

Here is the breakdown of the Three token :

• MITO : MITO is the core utility token fueling activity across the Mitosis Chain . As the native token of Mitosis and a Layer 1 , it serves as gas fee for processing transactions , enabling smooth network operations. Right from launch, it'll be transferable making it ideal for Defi interactions .

• gMITO : The short for Governance MITO is the token you get for staking MITO to validators . Although it's not transferable like MITO it is the token eligible for voting on critical ecosystem parameters , and reflects a track record of sustained contribution to the ecosystem

• LMITO : The abbreviation for Locked MITO is the main mechanism for securing incentive alignment in this program. It is the heart of the reward system because it unlocks over time and can be converted into MITO which will be usable. Users can fasten their unlocking by participating in governance proposals and it's not transferable until unlocked.

in essence , this program is for long term goal . Here are the aligned incentive across all stakeholders

• By staking, you earn yield and governance power plus, the more actively you participate in voting, the faster your rewards unlock.

• Validators influence how incentives are distributed to maximize network value directly shaping the growth of the ecosystem.

• Dapps builders are opportune to various sources of funding. Rewards are based on real token integration, community support through governance votes, and access to liquidity via vault-held assets.

With time, we'll witness how this will be a success to the crypto space and how other blockchains will be adopting this mechanism