On the day of live streaming mouth slapping on @ Sidekick_Labs, the first project I need to write about is @ MitosisOrg, a liquidity protocol from South Korea that will soon be launched on @ KaitoAI one ⃣ Project Introduction MitosisOrg is a new protocol that makes cross chain funds more efficient. Simply put, in the past, when you put money into a cross chain liquidity pool, the money could only lie there and earn transaction fees. Now using Mitosis, you will receive a token voucher after depositing money, which can be exchanged for your original funds in a 1:1 ratio. The key is that you can use this voucher to continue investing and making money on the Ethereum main chain or various second layer networks, such as borrowing, mining, and so on. In this way, you can earn two incomes at the same time: one is the cross chain handling fee sharing, and the other is the income from using voucher tokens for other investments. It's like you deposit money in a bank for a fixed period, and the bank gives you a certificate of deposit. You can use the certificate of deposit to reinvest and make money elsewhere, while still receiving the fixed interest. Mitosis turns dead money into living money and makes cross chain investment more cost-effective. two ⃣ Project Financing The project received a financing of 7 million in 2024, led by MBER Group and Foresight Ventures three ⃣ Project Status According to Kaito's official announcement, the project is about to be launched on the platform. As is well known, projects launched on the Kaito platform usually undergo TGE (Token Generation Event) within 1-2 months. According to DefiLlama data, the current TVL of the platform is $49 million, which is at a moderate level. At the same time, Mitosis will distribute some airdrop rewards proportionally to the top 1000 Yappers on its ranking list.