MITOSIS - Road to Mainnet (Full Updates)
Mitosis is the Network for Programmable Liquidity, No more zero-sum games, unlock more composability and flexibility through Mitosis.
Few months ago we participated on the Mitosis Testnet: Game of MITOS and Expedition.
With Mainnet fast approaching, I will be sharing few new updates on Mitosis... Read along
Mitosis X Kaito Leaderboard campaign
A share of the Mitosis airdrop is reserved for the most active 1000 Yappers on Kaito, and they will split 6 million $MITO tokens proportionally based on their activity level.
The Mitosis Tokenomics is not yet released, but let’s assume the total supply is 1 billion tokens, and once listed, the price reaches 1 billion FDV(Fully Diluted Valuation)
In that case, the token price would be around 1 dollar. So, if you manage to get into the top 1000 leaderboard and earn the minimum share, let’s say 500 $MITO tokens, you’d earn around 500 dollars. If you rank higher, you will receive more. (These calculations are based on simple assumptions, and actual allocations may vary depending on final parameters)
Currently the Mitosis campaign is listed as upcoming on , some people believe it has already started. This is based on a post made by the Mitosis co-founder @LukeAlwaysAwake on April 3
more info can be found here:
Collins Atada
Updates about the Airdrop Allocation for Morse NFT holders
Few days ago, we have finally gotten the confirmation on the Mitosis discord of an airdrop allocation for Morse NFT holders.
Here’s what we know so far:
A total of six snapshots will be used to determine eligibility and amounts. Some have already been taken. The rest will take place over time, both before and after the Mitosis mainnet launch.
For increased allocation weights, here are a few criteria to be met
- Hold a Morse NFT for a long time (regardless of the snapshots)
- Provide liquidity to the eligible Morse/ETH liquidity pools on Uniswap (i.e., V3, V4 #1, V4 #2)
- Hold a rare Morse NFT
- Hold multiple Morse NFTs in the same wallet
From this plan, I expect the Morse NFT to not have a drastic dump even after the $MITO TGE.
Morse NFT might be a good buy if you have the funds for it, Current floor price is around 0.125 ETH.
More info here:
febarce | DeFi
Confidence Paulinus
Updates on Mitosis Matrix Vaults
For the past few weeks, we've had Phases 1-3 of the Mitosis Matrix Straddle vault campaign.
The 4th and Final Phase of the Matrix Straddle Vault just started, there will be no cap and no deposit eligibility criteria for Phase 4 - it is open to all!
Deposit now to earn MITO Points (weETH) and Theo token rewards simultaneously.
More info on the various Mitosis Matrix Vaults can be found here:
Ramtin
Mercy Oluwafemi
0xSafwan
My Final Thoughts
Mitosis Mainnet is fast approaching and should be here within a few weeks, If you missed out on the Testnet we did last year, do the following:
- Yap about Mitosis daily, in order to be eligible for Kaito's Yappers rewards
- Create artworks, memes, and contents for Mitosis
- Deposit some funds into the Matrix Vault
Doing these stated above daily will make you more aware of the tech, broaden your knowledge on Mitosis and it's ecosystem, as well as position you for possible rewards.
That's all the updates I have for you all.
Stay positioned!!
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