How to redeem miassets in Mitosis?
Redeeming miAssets in Mitosis allows users to exit the Ecosystem-Owned Liquidity (EOL) system and reclaim their original assets. Steps to Redeem miAssets
1. Go to the Mitosis Platform
• Navigate to the Mitosis dashboard and select the “Redeem” option.
2. Choose the miAsset to Redeem
• Select the miAsset you want to convert back to its original form (e.g., miETH → Vanilla ETH).
3. Confirm the Redemption
• Approve the transaction to burn the miAsset and receive the equivalent Vanilla Asset on Mitosis L1.
• This step removes your assets from the EOL system, stopping further yield generation.
4. Withdraw to the Destination Chain (Optional)
• If you want to transfer your redeemed assets back to their original blockchain, select the “Withdraw” option.
• Choose the destination chain (Ethereum, Arbitrum, etc.), confirm the withdrawal, and receive your funds.
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