miAssets are not just interest-bearing assets; they also represent voting rights!
Mitosis conducts a vote every cycle to decide how EOL is distributed among different dApps. Who votes? It's the miAsset holders, and the voting weight = how many miAssets you hold. Different chains and different assets will have separate ballots! It's quite similar to how Curve operated back in the day～
This way, market sentiment is directly reflected in the flow of EOL: the hotter a dApp is, the more votes it gets, and the more liquidity it receives.
Of course, we can't expect every LP to vote, so Mitosis has added a layer of automation: it will take into account the usage of miAssets across the entire ecosystem (trading, staking, circulation) to calculate a distribution ratio. In other words, it crowdsources the behavior of the entire market into liquidity scheduling! Very smart! Very fair!
So miAssets are not just a yield certificate; they are an indicator of market consensus. The amount you hold not only earns interest but also directly determines where liquidity flows! To me, this is what a true DAO is!
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