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miAssets

miAssets are yield-bearing tokens issued by the Mitosis protocol, representing a user’s share of liquidity deposited into Mitosis Vaults. These assets enable liquidity providers (LPs) to retain exposure to staked and restaked assets while earning cross-chain yield from decentralized finance (DeFi) strategies.

Unlike traditional liquidity tokens, miAssets provide multi-layered yield opportunities, allowing holders to earn rewards not only from staking and governance incentives but also from programmable liquidity allocation within the Mitosis ecosystem.

How miAssets Work

  1. Liquidity Deposit – Users deposit assets (ETH, LSTs, stablecoins) into Mitosis Vaults to receive miAssets in return.
  2. Yield Accumulation – miAssets automatically accrue rewards from:
  3. DeFi Integration – miAssets can be used across multiple DeFi protocols for:
    • Lending & borrowing
    • Trading & liquidity provision
    • Yield farming strategies
  4. Governance Participation – miAsset holders can vote on liquidity allocation and determine yield strategies within the Mitosis ecosystem.
  5. Redemption – Users can redeem miAssets for their underlying collateral plus accrued rewards when they choose to exit the system.

Key Features

  • Yield-Bearing Tokens – Earn rewards automatically while remaining liquid.
  • Cross-Chain Compatibility – miAssets can be utilized across multiple blockchain networks.
  • Governance Power – Holders influence liquidity allocation and protocol decisions.
  • Capital Efficiency – Liquidity is dynamically allocated to maximize yield.
  • DeFi Utility – miAssets can be staked, borrowed against, or used in automated market makers (AMMs) and liquidity pools.

Benefits of miAssets

✔ Passive Yield Generation – Users earn staking and liquidity rewards without manual management.
✔ Multi-Chain Liquidity – miAssets allow capital to flow across Ethereum, Layer 2s, and modular blockchains.
✔ Optimized Liquidity Allocation – Automated governance directs liquidity to high-yield DeFi protocols.
✔ Interoperable with DeFi – miAssets can be used in lending, yield farming, and governance staking.

Use Cases of miAssets

  1. Cross-Chain Yield Farming – Users deposit ETH into Mitosis Vaults, receive miETH, and use it for yield farming across multiple chains.
  2. Collateralized Lending – miAssets can be used as collateral in DeFi lending protocols to borrow stablecoins or other assets.
  3. Liquidity Provision in AMMs – Users stake miAssets in automated market makers to earn both trading fees and staking rewards.
  4. Governance-Based Yield Strategies – LPs vote on liquidity allocation, ensuring funds are deployed where yield is highest.

Examples or Case Studies

  1. miETH & Cross-Chain Staking – A user deposits ETH into Mitosis Vaults, receives miETH, and earns staking + DeFi rewards across multiple chains.
  2. Lending with miAssets – A liquidity provider borrows stablecoins using miAssets as collateral, maintaining exposure to staking rewards.
  3. Governance-Directed Liquidity – miAsset holders vote to reallocate liquidity from Ethereum to Arbitrum or Celestia based on yield potential.

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