How Layer 1 projects can benefit by working with Mitosis

How about i enlighten you that collaborations between Layer 1 projects and Mitosis could benefit both parties ?

So many Layer 1's have always been on the Sending end and not getting any benefit in return when collaborating with other Web3 projects . Now , Mitosis is already changing this narrative.

As we go on , I'll be showing you what Layer 1's stand to gain. Ride with me

• Layer 1 projects with significant DeFi activities :

Mitosis's Ecosystem Owned Liquidity (EOL) model offers a unique way to attract liquidity from other Layer 1 chains. By doing so, it enhances the overall liquidity available for DeFi projects, benefiting platforms like lending protocols, decentralized exchanges (DEX), and yield farming applications. This approach could provide a strong boost to ecosystems with active DeFi participation. Protocols building on the chains on Mitosis have been getting traction through this integration.

• Layer 1 projects with interoperability features :

Mitosis offers powerful interoperability features that make it easier to transfer assets and interact across different Layer 1 blockchains. This opens up exciting opportunities for projects like cross-chain bridges and decentralized applications (dApps) that need to work seamlessly across multiple chains. Imagine depositing ETH on Scroll and you can withdraw from Linea . Feels good yeah ?

• Layer 1 projects with active communities :

Mitosis's Expeditions provide a great way to encourage participation in the EOL model, making it easier to attract liquidity from a diverse group of users. This is especially valuable for Layer 1 projects with active communities, as their engaged users are more likely to get involved in expeditions. Take a look at the ongoing expedition where Mantle is among , the community is actively engaging due to the incentive attached.

In essence , Mitosis is just the home of Decentralised finance finance where any Layer 1 project project looking for exposure can always collaborate . In a case whereby users are interacting with different chains of their preference while also interacting with different defi protocols in one action, that's just a win situation for all.