The Ethereum re-staking market has surpassed the $200 billion mark, but the application of liquid staking tokens (LRT) has encountered bottlenecks. Most LRTs can only perform basic staking on a single blockchain, with cross-chain usage being complex and inefficient, leading to their liquidity value being severely underestimated. This situation has put LRT in a dilemma of high security but low usage.

The Mitosis project proposes an innovative solution that transforms mainstream LRTs (such as weETH, eETH, etc.) into programmable liquidity components through a three-dimensional strategy of "full-chain adaptation, strategy activation, and ecological sharing." This solution retains the security of Ethereum's staking while unlocking the value-added potential of cross-chain applications, with the hope of completely addressing the liquidity barriers in the staking ecology.

The core issue facing the LRT ecosystem is the serious imbalance between "security value" and "liquidity value". Although re-staking on Ethereum provides high security guarantees for LRT, the application scope of most LRTs is still limited to staking mining on the native chain. Cross-chain transfers often rely on centralized bridging, which not only incurs high costs but also poses security risks. Furthermore, the liquidity positions of LRTs are difficult to flexibly split and combine, making it impossible to effectively access complex financial strategies such as hedging and arbitrage, resulting in a capital utilization efficiency of only 30% of the underlying assets. More critically, isolated ecosystems have formed between different LRT projects, preventing users from conveniently converting assets between different projects and participating in diversified ecological benefits. This status of "over-security, under-liquidity" severely restricts the further development of the re-staking ecosystem.

The innovation of Mitosis lies in the construction of a "liquidity hub" that supports full-chain adaptation for LRT. The protocol has completed the integration of mainstream LRTs such as weETH, eETH, and uni, providing new possibilities to address the challenges currently faced by the LRT ecosystem. Through Mitosis's solution, there is hope to activate the cross-chain application potential of LRT, improve the efficiency of fund utilization, and promote interoperability among different LRT projects, thereby driving the entire Ethereum restaking ecosystem towards a more open and efficient direction.