Matrix: Mitosis' Flagship DeFi Liquidity Solution

Matrix is the flagship product of Mitosis, designed to curate premium decentralized finance (DeFi) opportunities for liquidity providers (LPs). It offers a transparent and superior reward system while ensuring that participants maintain full control over their assets. As a fundamental component of Mitosis' Vault Liquidity Frameworks, Matrix enables DeFi protocols to attract liquidity by offering competitive yields to LPs. Through Matrix, liquidity providers can assess and select the most attractive opportunities by reviewing campaign details such as reward structures, supported blockchain networks, and accepted asset types. Once an LP commits funds to a Matrix liquidity campaign, Mitosis deploys these assets into the selected DeFi protocols. This approach allows protocols to directly engage with the Mitosis user base, proposing exclusive and compelling incentives tailored to attract liquidity. By doing so, Matrix not only ensures sustained liquidity but also fosters the growth of an active community capable of directing capital to projects that align with their strategic, risk, and reward preferences. How Matrix Works...... With the upcoming launch of Mitosis' Layer 1 (L1) mainnet, Matrix will operate in two distinct phases: before and after the mainnet deployment. Each phase has unique operational structures that determine how liquidity providers interact with the platform. ➜ Pre-Mitosis Mainnet Phase Before the launch of the Mitosis L1 mainnet, Matrix Vaults are deployed on various supported blockchain networks. Liquidity providers can participate in campaigns as follows: 1. Matrix Vault Deployment – Vaults are established on supported networks such as Ethereum mainnet, Arbitrum, and Linea. 2. User Deposits – Participants deposit their assets into the Matrix Vaults associated with their chosen campaign and network. 3. maAssets Issuance – Upon deposit , users receives maAssets which serve as receipt tokens that represent their deposited assets on the respective blockchain network. 4. Reward Accrual – LPs gain access to multiple rewards generated by each Matrix Vault as per the campaign conditions. ➜ Post-Mitosis Mainnet Phase Once the Mitosis L1 mainnet is launched, the Matrix Vaults transition to operate natively on the Mitosis blockchain. The updated workflow includes the following: 1. Migration of Vaults – Matrix Vaults are redeployed on the Mitosis L1 mainnet, allowing assets to be directly deposited within the Mitosis ecosystem. 2. Cross-Network Deposits – Users deposit assets into Mitosis Vaults on their chosen network. For example, depositing wrapped Ethereum (weETH) on Arbitrum into the Mitosis Vault deployed on Arbitrum. 3. Vanilla Assets on Mitosis – Once deposited, users receive Vanilla Assets on the Mitosis L1 mainnet (e.g., weETH on Mitosis L1 mainnet). 4. Deposit to Matrix Vaults – Users deposit Vanilla Assets into Matrix Vaults deployed on Mitosis L1. 5. maAssets Issuance – In return, LPs receive maAssets as receipts for their deposits on the Mitosis L1 mainnet. 6. Reward Accrual – Users continue to access multiple rewards from the Matrix Vaults on Mitosis L1. ➜ Migration of maAssets to Mitosis L1 Following the Mitosis L1 mainnet launch, existing maAssets (minted before Mitosis L1 deployment) from supported networks must be migrated to the new ecosystem. This process ensures that users can seamlessly transition their holdings to the Mitosis L1 environment while maintaining their liquidity positions and continuing to earn rewards. maAssets and Their Role in Matrix Matrix utilizes maAssets as tokenized representations of users' deposits. Since multiple DeFi protocols may use the same underlying asset within different campaigns, maAssets are uniquely specified by their tickers to indicate the associated campaign. For example, maweETH of the Matrix Theo campaign would be labeled as maweETH (Theo). Conclusion Matrix, as the premier liquidity product within Mitosis' ecosystem, is set to redefine DeFi participation by providing a structured and transparent system for liquidity deployment. By allowing protocols to offer high-yield opportunities directly to LPs, Matrix ensures the long-term procurement of liquidity and fosters the development of an engaged and strategic community. As Mitosis transitions to its own L1 mainnet, Matrix's ability to bridge liquidity across networks will further solidify its role as a vital infrastructure for decentralized finance.