
Mitosis Litepaper - An In-Depth Exploration of Programmable Liquidity
Decentralized Finance (DeFi) has grown rapidly since Bitcoin demonstrated how to establish trust without centralized intermediaries using BRC-20[1]. Ethereum then added smart contracts and permissionless applications [2], opening the door to an entire ecosystem of on-chain financial products. Despite these milestones, one fundamental component of DeFi lending remains inefficient,