How long has it been since you last saw cash?



A couple of days ago, I was having dinner with a friend, and when it was time to pay the bill, I found that he had a stack of hundred-yuan bills in his wallet. For a moment, I couldn't react.

"Why are you carrying so much cash now?"

The friend smiled helplessly and said, "The interest in the bank is too low, and I'm worried about the risks of wealth management, so I always keep cash in my wallet; at least it makes me feel secure."

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Mitosis is a Layer-1 blockchain focused on the "liquidity owned by the ecosystem (EOL)." Sounds complicated? Simply put, it's like a fund pool manager in #DeFi, helping emerging projects attract and manage funds.

Previous DeFi projects had to find ways to attract investors on their own, resulting in dispersed funds and low utilization efficiency. Mitosis, on the other hand, centralizes everyone's funds, manages them uniformly, and allocates them uniformly, allowing every penny to maximize its value.

In the mechanism of Mitosis, the core concept is called "Matrix Vault".

Suppose you want to put some idle assets into DeFi to earn some pocket money. Then you have to search for projects yourself, calculating APY while also considering risk issues. But in Mitosis, ordinary users only need to follow three steps.

1. Deposit assets (for example $ETH) into the Mitosis vault
2. Obtain the corresponding miAsset tokens (for example, $miETH)
3. Waiting for earnings to be automatically credited

This mechanism has the following benefits.
1. Scale Effect: When the capital pool is large enough, Mitosis has stronger bargaining power, and the corresponding APY will also be relatively higher.
2. Diversify risk: Funds are no longer reliant on the success or failure of a single project, but are instead spread across multiple projects, not putting all eggs in one basket.
3. Professional Management: Mitosis has a professional team responsible for evaluating and selecting investment targets, just like hiring a professional financial advisor.

Moreover, Mitosis supports multi-chain operations, allowing you to deposit funds on Ethereum and then use them on other Layer-2s, just like a bank's deposit and exchange service.

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Korean project, seed round financing of 7 million, TGE expected in August, those with idle funds can deposit them in to earn stable returns.

Matrix Vault Entrance:
DEFI3.37%
ETH6.06%
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