How to participate in governance in Mitosis?

Governance in Mitosis allows users to influence liquidity allocation, protocol upgrades, and ecosystem decisions. Participation is open to miAsset holders, who can vote directly or delegate their voting power.

1. Obtain Voting Power by Holding miAssets

• Users must deposit assets into Mitosis Vaults and convert them into miAssets (e.g., miETH, miUSDC) to gain voting power.

• Voting power is proportional to the amount of miAssets held.

2. Participate in Governance Votes Governance in Mitosis revolves around two main voting mechanisms:

• Initiation Voting: Determines whether a new DeFi protocol can join the Ecosystem-Owned Liquidity (EOL) system.

• Gauge Voting: Allocates liquidity among approved protocols based on miAsset holder votes.

3. Vote on Mitosis Synthesis

• Governance votes take place on Mitosis Synthesis, the protocol’s voting platform.

• Users can view active proposals, track voting results, and cast their votes in real-time.

4. Delegate Voting Power (Optional)

• Users who prefer passive participation can delegate their miAsset voting power to trusted dApps or liquidity managers.

• This allows protocols to vote on their behalf while optimizing liquidity distribution.

5. Governance Incentives

• Active participants may receive additional rewards in the form of governance incentives or Mitosis tokens for contributing to decision-making.

• Governance engagement also helps shape liquidity flows across multi-chain DeFi applications.