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The Vanilla Assets 1

The Vanilla Assets 1

When users deposit assets into Mitosis Vaults across various blockchain networks, they receive Vanilla Assets on the Mitosis Chain as representations of their deposits. These Vanilla Assets can then be allocated to yield-generating opportunities through two distinct frameworks: Ecosystem-Owned Liquidity (EOL) or Matrix.

INTRODUCTION

EOL facilitates the collective management of pooled assets through democratic governance, allowing participants to vote on allocation strategies. In contrast, Matrix enables direct engagement in curated liquidity campaigns with predefined terms. Both frameworks issue specialized tokens—miAssets for EOL and maAssets for Matrix—that represent users' positions.

miAssets

miAssets: are yield-bearing tokens issued by the Mitosis protocol, representing a user’s share of liquidity deposited in Mitosis Vaults. These tokens allow liquidity providers (LPs) to maintain exposure to staked and restaked assets while generating cross-chain yield through decentralized finance (DeFi) strategies.Unlike conventional liquidity tokens, miAssets offer multi-layered yield opportunities, enabling holders to earn rewards from staking, governance incentives, and programmable liquidity allocation within the Mitosis ecosystem.

miAssets Functionality

  • Asset Deposit – Users deposit assets (ETH, LSTs, stablecoins) into Mitosis Vaults and receive miAssets in return.
  • Yield Generation – miAssets continuously accrue rewards through:
    • Staking and restaking mechanisms
    • Cross-chain liquidity provisioning
    • Governance-directed liquidity allocation
  • DeFi Utility – miAssets can be leveraged across various DeFi protocols for:
    • Lending and borrowing
    • Trading and liquidity provision
    • Yield farming strategies
  • Governance Involvement – miAsset holders participate in governance by voting on liquidity allocation and shaping yield strategies within the Mitosis ecosystem.
  • Redemption – Users can redeem miAssets for their original collateral plus accumulated rewards upon exiting the system.

Key features

  • Yield-Generating Tokens – Earn rewards passively while maintaining liquidity.
  • Cross-Chain Integration – miAssets are compatible across multiple blockchain networks.
  • Governance Influence – Holders play a role in liquidity allocation and protocol governance.
  • Optimized Capital Efficiency – Liquidity is strategically allocated to maximize returns.
  • Versatile DeFi Utility – miAssets can be staked, used as collateral for borrowing, or deployed in AMMs and liquidity pools.

Benefits of miAssets

■ Effortless Earnings – Automatically generate rewards from staking and liquidity provision without needing active management.
■ Multi-Chain Capital Flow – Move assets freely across Ethereum, Layer 2 solutions, and modular blockchains.
■ Precision Liquidity Direction – Governance mechanisms ensure liquidity is directed to the most profitable DeFi protocols.
■ Comprehensive DeFi Access – Engage with lending, yield farming, and governance staking using miAssets.
■ Dynamic Asset Growth – miAssets adapt to market conditions, ensuring continuous yield optimization across diverse strategies.

uses or Real-World Applications of miAssets

  • Users deposit ETH into Mitosis Vaults, receive miETH, and use it for yield farming across multiple chains.
  • Use miAssets as collateral to borrow stablecoins or other assets
  • take miAssets in automated market makers to earn trading fees and rewards.
  • Vote on liquidity allocation to optimize returns
  • Utilize miETH for cross-chain staking, borrow against miAssets, or reallocate liquidity based on governance decisions.

Conclusion

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

Unlike traditional liquidity tokens, miAssets offer multi-layered yield opportunities, generating rewards through staking, governance incentives, and programmable liquidity allocation. They are cross-chain compatible, allowing users to engage in lending, borrowing, trading, and liquidity provisioning across multiple blockchain networks.

With automated governance directing liquidity to high-yield opportunities, miAssets maximize capital efficiency while ensuring active community participation in decision-making. Users can redeem miAssets at any time for their underlying collateral plus accrued rewards, making them a flexible and efficient tool for DeFi participants.

learn more @university.mitosis.org

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