Binance to Host Exclusive In-Wallet Events for Mitosis Token Launch

Binance launches Season 1 of its Mitosis Booster on August 19, offering up to 117.9% APY and distributing 15 million MITO with flexible redemption via the Mitosis DApp.

USDT
BNB

Summary

Binance has officially launched Season 1 of its Mitosis (MITO) Booster event starting August 19, 2025, with APYs reaching 117.9% in the BNB pool and 66.25% in the USDT pool via the Binance Wallet. The campaign will distribute 15 million MITO as rewards, with no Alpha score threshold required for participation. Users can redeem assets through the Mitosis DApp, with redemption taking up to 10 days for BNB and 5 days for USDT. This Booster event complements Binance’s earlier announcements of MITO launch activities, including a $1 million airdrop and priority Token Generation Event access.

Terms & Concepts
  • Airdrop: A distribution of cryptocurrency tokens to users, often used as a promotional method or to reward holders.
  • Token Generation Event (TGE): The official launch event when a new cryptocurrency’s tokens are created and distributed to investors or participants.
  • APY (Annual Percentage Yield): The standard annualized rate of return earned on an investment, factoring in the effect of compounding interest.