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Game of Mito - The Mitosis Incentivized Public Testnet (Episode 1)

author
Tex
September 19, 2024
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Blog

Welcome to the Future of Omni-sourced yields!

Attention, pioneers of the decentralized frontier! The countdown to the Game of MITO has begun, and you're invited to become a key player in the next-gen blockchain ecosystem. The Mitosis Public Testnet Waitlist goes live on September 23, 2024, offering you a unique opportunity to shape the future of DeFi and get real $MITO tokens in the process.

Imagine being at the forefront of a revolution that's set to redefine yield optimization and liquidity provision. That's exactly where you stand with Mitosis. Your actions in this testnet could not only get you valuable benefits but also position you as a trailblazer in the evolving DeFi landscape.

Introducing Mitosis L1: The Game-Changer

Mitosis isn't just another blockchain - it's a specialized L1 designed to revolutionize on-chain liquidity and yield sourcing. At its core, Mitosis implements an on-chain liquidity collective for omni-sourced yields, bringing together the best of DeFi under one roof.

Key features that distinguish the Mitosis L1 blockchain from other chains:

  • Ethereum-Level Security: Leveraging EigenLayer, Mitosis brings Ethereum's robust security to a high-performance L1.
  • Ecosystem-Wide Yield Optimization: All assets on Mitosis enjoy yields from multiple chains and protocols, maximizing value for token holders.
  • miAsset: The core of collective yield, representing your share in the protocol's total liquidity and serving as the basis for governance and benefits.

Your Journey Begins: Participating in the Testnet

Ready to dive in? Here's how to get started:

  1. Connect Your Wallet: Once the testnet launches, connect your wallet to reserve your spot on the waitlist.
  2. Get Your Superpass: Superpass codes unlock exclusive testnet privileges. Receive them through community engagement or by holding specific NFTs.

Remember, early birds get the worm. The sooner you join, the more opportunities you'll have to climb the ranks!

Superpass: Your Golden Ticket to Mitosis

Superpasses are your gateway to an enhanced Mitosis experience. These exclusive passes offer immediate testnet access and additional launch benefits, giving early participants a significant edge in this fully incentivized environment.

What's more, Superpass holders can share their access with friends, expanding our community of early adopters. While the number of Superpasses per wallet will be limited, we've designed a fair distribution system that benefits our most engaged community members.

Read on to discover how you can secure your Superpass and the exciting benefits it unlocks.

Superpass Benefits and Distribution:
  1. Immediate Testnet Access: Superpass holders gain instant entry to the Mitosis testnet.
  2. Launch Advantages: Enjoy additional benefits when Mitosis officially launches.
  3. Community Building: Share your Superpass with friends, allowing them to join early and reap the benefits.
New Referral Benefits:

When users join through your unique invitation code or Superpass code, you'll receive an additional Waitlist score.

Early Registration Benefits:

We value early adopters! By registering on the waitlist early, you'll enjoy several benefits:

  • Higher initial ranking on the waitlist
  • More benefits during testnet
  • Exclusive access to early community events
Secure Your Superpass: Community Engagement Benefits

We're allocating Superpass codes based on community engagement and contributions. To ensure fair distribution, we've implemented a cap of 20 Superpass codes per wallet. Here's how you can secure them:

1. Mitosis Expedition Participants:
  • Diamond Tier: 4 codes
  • Platinum Tier: 2 codes
  • Gold and Silver Tiers:
    • Total codes: 100 (distributed via raffle)
      • Gold tier: 3 raffle tickets per user
      • Silver tier: 1 raffle ticket per user
    • Prize: 1 code per winner
2. Morse Community NFT Holders (Snapshot):
  • Lil Pup: 1 code
  • Rare Pooch: 2 codes
  • Epic Canine: 2 codes
  • Legendary Hound: 3 codes
  • Mythical Breed: 4 codes
  • Note: Maximum 15 codes per wallet address for Morse NFT holders.
  • Snapshot: September 9th, 2024 3:00:00 AM UTC
3. Community Contributors (Discord Roles):
  • The Royal Gem: 6 codes
  • OG: 5 codes
  • Sensei: 4 codes
  • Guru: 3 codes
  • miRoles (miArtist, miTuber, miAnalyst, miEvangelist, miConsultant): 3 codes each
  • Intern Roles (Artist, Tuber, Analyst, Evangelist, Consultant): 2 codes each
  • Settler: 1 code
4. NFT Holders (Snapshot)
  • Pudgy Penguins: 2 codes (September 9th, 2024 12:33:00 PM UTC)
  • Milady: 1 code (September 9th, 2024 12:33:00 PM UTC)
  • Kemonokaki: 1 code (September 19th, 2024 2:24:00 PM UTC)
  • Azuki: 1 code (September 9th, 2024 12:33:00 PM UTC)
5. Cosmos NFT Holders (Verify)
  • Celestine Sloth: 1 code
  • Bad Kids: 1 code
  • Mad Scientist: 1 code
  • Details about how to verify will be announced soon.
Jumper Loyalty Pass (JLP) Holders: Exclusive Superpass Access and Airdrop Boosts

Jumper Loyalty Pass (JLP) holders now have a unique opportunity to secure Superpasses and benefit from increased token allocations in future airdrops. This collaboration between Mitosis and the Jumper team benefits engaged community members with exclusive access and opportunities based on their JLP levels.

1. Superpass Allocation for JLP Holders:
  • JLP level 12 and above: 3 Superpasses codes
  • JLP level 10 and above: 1 Superpass code
  • JLP levels 8-9: Chance to win one of 30,000 Superpass codes (eligibility is determined in order of registration until all passes are distributed).
  • Snapshot: August 31st, 2024 11:59:59 PM CET
2. Airdrop Boost for JLP Holders:
  • JLP levels 9-11: 10% boost in token allocation
  • JLP level 12 and above: 20% boost in token allocation

This strategic partnership enhances the value proposition for both Mitosis and Jumper community members. JLP holders now have additional incentives to engage with the Mitosis ecosystem, while Mitosis benefits from an influx of experienced and committed participants.

Calling All Builders!

Are you a developer? The Mitosis testnet is your playground:

  • Several native dApps launching on day one, spanning various DeFi sectors.
  • Upcoming builders program offering incentives for participating developers.
  • Resources available to support new projects building on the platform.

By building on Mitosis, you're not just creating a dApp - you're shaping the future of DeFi.

Your Next Steps

The future of DeFi is here, and you have the opportunity to be at its forefront. Here's what you should do next:

  1. On Sept 23rd, head to the waitlist application page (revealed soon) to register and stay up to date on the testnet launch.
  2. Join our Discord server for real-time updates and community discussions.
  3. Follow @MitosisOrg and @Mitosis_Eco on Twitter for the latest news and announcements.
  4. Prepare your strategy for the Game of MITO - remember, early and active participants often reap the biggest benefits!

The Mitosis public testnet is more than just a testing ground - it's your chance to be part of the DeFi revolution. Every action you take helps shape the future of finance.

Are you ready to embark on your Mitosis journey? The adventure is just beginning, and your role as a DeFi pioneer starts now. But that's not all – get ready for the Game of MITO, where strategy meets opportunity! We've got leaderboards, exciting challenges, and much more in store. Stay tuned for our upcoming article that will dive deep into the Game of MITO, revealing all the thrilling details that await you. The future of DeFi is in your hands, and the game is about to change. Are you prepared to make your mark? Your Mitosis saga begins here – let's revolutionize finance together!

Frequently Asked Questions

Q: When will the testnet launch?
A: The Mitosis testnet is scheduled to launch in mid-October 2024. The exact date is still being finalized to ensure the best possible experience for our community.

Q: How can I move up the waitlist?
A: Participate in the Mitosis Expedition, receive MITO points, or invite friends to gain more points and improve your ranking.

Q: Can I register multiple wallets?
A: While you can participate with multiple wallets, each wallet needs to be registered separately and benefits are tied to individual wallets.

Q: How do I get a Superpass?
A: Superpasses can be secured through active participation in the Mitosis Discord, holding specific NFTs, or participating in special events. Keep an eye on our community channels for opportunities!

Q: How will my testnet performance affect my mainnet position?
A: Your tMITO holdings and overall testnet performance will likely influence your initial position when Mitosis launches on mainnet. Specific details will be announced closer to the mainnet launch.

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