0
days
00
hours
00
min
00
sec
Pepe Unchained>
Raises $200,000 in Minutes, Whales Invest in This New Layer 2 Meme Coin!>
Buy Now! Ad
Mitosis Crypto Protocol
Airdrop (Retrodrop)
Active
25 Apr 2024 - 01 Mar 2025
Mitosis is a layer 1 blockchain that aims to enhance the user experience of providing liquidity to various DeFi protocols and participating in incentivized campaigns through the Ecosystem-Owned Liquidity model.
Although Mitosis hasn’t disclosed any plans to release its native token or conduct a Mitosis airdrop, it is currently running an LP expedition campaign where you can farm points for providing liquidity to the protocol. We assume that these points will be one of the main criteria to qualify for the Mitosis airdrop. That’s why our team decided to write a comprehensive guide on how to join the contest.
CoinLaunch Score:
Last update:
High
16 Aug 2024
Mitosis Crypto Protocol - Airdrop (Retrodrop) Overview
start date:
25 Apr 2024
end date:
01 Mar 2025
Reward Distribution:
08 Mar
More about Mitosis Crypto Protocol
Reward
N/A
Winners:
N/A
How to join Mitosis Crypto Protocol - Airdrop (Retrodrop)?
To participate in the Mitosis airdrop, you need to farm MITO points by contributing liquidity to the Mitosis network and holding miAssets.
To start farming MITO points, first acquire $ETH in your web3 wallet supported by the specific protocol networks. Make sure the protocols support the network you are choosing to deposit $ETH with, before proceeding with a transaction since the Mitosis caps might be already filled across a specific network or the platform might not support the blockchain at all.
For example, $weETHs is available only on the Ethereum network, while $uniETH and $eETH/$weETH tokens support a wider range of chains. Explore the supported networks directly on the deposit page in the Mitosis app:
Then, restake/stake your $ETH on EtherFi or Bedrock in order to receive needed LRTs/LSTs on your wallet, proceed to the Mitosis app and deposit assets to receive miAssets in exchange. Holding miAssets provides you with MITO points while they will be available to use in DeFi protocols shortly to earn additional APR.
Implying this strategy means that you can farm multiple airdrops simultaneously by utilizing a few different restaking routes. Since there aren’t many supported assets, let’s review each of them so you can make more informed decisions when implementing these routes in your airdrop farming strategy:
- $eETH/$weETH tokens:
$eETH is a liquid staking token by EtherFi, while $weETH is its restaked version powered by EigenLayer. Although it supports multiple networks like Arbitrum, Ethereum, Base, Blast, and many more, we suggest utilizing the Scroll and Linea networks, as they have active point farming campaigns.
Through the $eETH/$weETH restaking route, you can earn MITO points + eETH/weETH APR + EtherFi points + EigenLayer points (if minted $weETH) + Linea/Scroll points (if used those networks) + miweETH.
- $weETHs LRT:
$weETHs is another LRT by EtherFi, powered by a different restaking protocol—Symbiotic. This restaking route is available only on Ethereum, as $weETHs was launched quite recently and EtherFi hasn’t integrated more networks yet. Yet, using this restaking route allows you to earn MITO points + weETHs APR + EtherFi points + Symbiotic points + miweETHs.
We’ve previously reviewed this project and its airdrop campaign, so you can find more information about Symbiotic here.
- $uniETH:
$uniETH is an LRT from the Bedrock protocol, powered by EigenLayer. The asset is available across Ethereum, Arbitrum, Linea, and Scroll networks. However, users have currently reached the restaking caps for $uniETH on Mitosis across Arbitrum, Linea, and Scroll.
Nevertheless, this route allows you to earn Bedrock points + EigenLayer points + $uniETH APR + MITO points + Linea/Scroll points (if used those networks) + miuniETH.
Good Luck! 🍀
Step-by-step Guide
Acquire $ETH tokens in your wallet across networks supported by $eETH, $weETH, $weETHs, and $uniETH;
Following our guide in “how to join block”, restake $ETH on EtherFi or Bedrock;
Receive $eETH, $weETH, $weETHs, or $uniETH;
Visit Mitosis finance and deposit LRTs into vaults;
Farm MITO points and wait until the official airdrop announcement;
Receive your tokens.
0 Comments
No comments yet