Ecosystem Synergy - How Mitosis L1 is Reshaping DeFi
September 27, 2024
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Blog
Synergy Unleashed: The Mitosis L1 Revolution
Welcome to the future of DeFi! Mitosis L1 has arrived on the blockchain scene, promising to revolutionize decentralized finance with its innovative approach to on-chain liquidity and yield optimization. As we prepare for our highly anticipated public testnet, we're excited to showcase the powerful collaborations that will elevate your DeFi experience to new heights.
You may know Mitosis for its Ethereum-level security, Ecosystem Owned Liquidity, and culture of community. Now we're taking things to the next level! Through strategic partnerships with industry leaders in the DeFi space, we're creating an ecosystem with unprecedented synergies across this new DeFi world.
The Power of Collaboration in DeFi
In the fast-paced world of DeFi, nothing happens in a vacuum. Context is everything. That's why we at Mitosis believe that collaborations are the lifeblood of innovation - synergizing with the best projects to create new meaningful interactions for our loyal users.
By fostering collaboration, Mitosis is building more than just another Layer 1 – we're creating a brand new ecosystem to revolutionize the world of DeFi.
Mitosis Ecosystem Collaborations: A Unified DeFi Experience
A. Seamless Asset Management and Transfers
- Capsule: Imagine managing all your cross-chain assets from a single, intuitive interface. That's what Capsule brings to the Mitosis ecosystem. No more juggling multiple wallets or struggling with complex bridging processes.
- Jumper: Jumper brings seamless cross-chain functionality to Mitosis. Move your assets across different blockchains quickly and efficiently, all while enjoying Mitosis's optimized yields. Jumper simplifies your multi-chain DeFi experience, allowing you to explore the best yields with ease.
- Hyperlane: This collaboration ensures that Mitosis plays well with others. Hyperlane's interoperability solutions mean you can seamlessly interact with other blockchain ecosystems, broadening your DeFi experience. As a special incentive, users who have 30 or more Hyperlane transactions will be eligible for a Mitosis Superpass, giving them priority access to the testnet and additional benefits.
- Zerion: Mitosis leverages Zerion's powerful API to provide users with a comprehensive view of their DeFi holdings. This integration allows us to accurately track the total value locked (TVL) in the Mitosis Expedition and the combined value of assets in our users' wallets. With Zerion's multi-chain compatibility, Mitosis users gain access to a powerful all-in-one DeFi dashboard. Imagine having every asset, DeFi position, and NFT collection across major networks at your fingertips, presented in an easy-to-understand format. This seamless integration aligns perfectly with Mitosis's vision, allowing you to effortlessly track, manage, and interact with your entire Web3 portfolio through a single intuitive interface.
B. Enhanced Security and Infrastructure
- DSRV: Your assets' security is our top priority. DSRV's robust node infrastructure adds an extra layer of reliability to the Mitosis network, ensuring your transactions are processed securely and efficiently.
- EigenLayer: Remember how we mentioned Ethereum-level security? This is where it comes from. EigenLayer's innovative technology allows Mitosis to leverage Ethereum's security, giving you peace of mind as you explore a whole new world of omni-sourced yields. A new fantastic point of view of this new DeFi landscape.
- Ethos: With Ethos on board, we're doubling down on security. Their advanced protocols work in tandem with EigenLayer to create a fortress around your assets, giving you peace of mind that your funds are completely safu (that's French for "safe").
C. User-Friendly Access and Interactions
- OKX Web3 Wallet: Accessing the Mitosis ecosystem is now as easy as opening an app. The OKX Web3 Wallet integration means you can jump into the world of Mitosis on any device anywhere.
- Binance Web3 Wallet: We're all about options. The Binance Web3 Wallet support opens up Mitosis to one of the largest user bases in crypto, making it easier than ever to start your Mitosis journey.
- Routescan: Transparency is key in DeFi, and Routescan delivers. This advanced blockchain explorer allows you to track your transactions, monitor your yields, and understand the inner workings of Mitosis with ease.
D. Community Rewards and Incentives
- Jumper Loyalty Pass (JLP) Holders: Our collaboration with Jumper rewards their most loyal users. JLP holders at level 12 and above receive 3 Superpass codes, while those at level 10 and above receive 1 Superpass code. Even JLP levels 8-9 have a chance to win one of 30,000 Superpass codes, with eligibility determined by registration order. (Snapshot: August 31st, 2024 9:59:00 PM)
- Hyperlane Users: We're recognizing Hyperlane's active users. Those with 30 or more Hyperlane transactions are eligible for a Mitosis Superpass. (Snapshot: September 26, 2024 6:50:00 PM UTC)
- Milkyway Users: Our partnership with Milkyway brings benefits to their most engaged users. Anyone with over 10,000 mPoints on Milkyway is eligible for a Superpass, opening the door to Mitosis's enhanced features. (Snapshot: September 26, 2024)
These collaborations bring thousands of experienced DeFi users into our ecosystem, enriching our community with valuable expertise and diverse perspectives. Check your eligibility and claim your Superpass by visiting https://waitlist.mitosis.org/my-page.
Participating in the Mitosis Ecosystem
Ready to dive in? Here's how you can get started:
- Join the Waitlist: Don't forget, the Mitosis public testnet waitlist is now open! Join now and be among the first to experience these exciting collaborations in action.
- Explore Partner Platforms: Familiarize yourself with our partner platforms. Each one adds a unique contribution to the Mitosis vision of Ecosystem Owned Liquidity.
- Stay Tuned: We're constantly working on new features and partnerships. Follow us on Twitter @MitosisOrg and @Mitosis_Eco to be the first to know about upcoming opportunities.
Remember, early birds get the worm in DeFi. By joining the waitlist now, you're positioning yourself at the forefront of the next DeFi revolution.
Mitosis: Where Collaboration Meets Innovation
The future of DeFi is collaborative, and Mitosis is leading the charge. Through our carefully curated ecosystem partnerships, we're creating a DeFi experience that's more than the sum of its parts – it's a seamless ecosystem that maximizes your DeFi potential.
As we gear up for the launch of the public testnet, now is the time to get involved. Join us in shaping the future of DeFi, where optimized yields and seamless interactions become the new norm.
The game is changing, and Mitosis is writing the new rules. Are you ready to play Game of Mito?
Stay Tuned for the Series!
- GM Article Series #1: Game of MITO - The Mitosis Incentivized Public Testnet
- GM Article Series #2: You're here.
- GM Article Series #3: TBA
Through the GM article series, we will explore how Mitosis GM will be like.
Join the Mitosis Community
Please follow our journey and provide your thoughts on our Discord and Forum. We'll run regular Community Call (MMCC: Mitosis Monthly Community Call) and provide other essential updates to keep you in the loop. Interested in how Mitosis works? Take a deeper dive into our technical documentation.
Forum | Discord | GM Waitlist | Expedition | Documentation
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