In the years when technological development had yet to touch upon the agricultural field, how did our ancestors cultivate the land? Imagine a farmer, caring for his small plot of land day after day. The tools in his hands are simple and primitive, just a hoe and a sickle. His harvest completely depends on the fertility of the land and the blessings of the weather. If the conditions are favorable, he can barely make a living; but if he encounters drought or flooding, he may end up with nothing.

This traditional smallholder economy model has many drawbacks: high vulnerability, low efficiency, and full of uncertainty. Farmers work hard, but it is difficult to ensure stable harvests.

Nowadays, let's turn our attention to the field of DeFi (Decentralized Finance). We will find that the vast majority of ordinary users are still in a state similar to "smallholder economy." Each user is like an independently farming peasant, their crypto wallet is that piece of land, and the DeFi protocols they choose to invest in are equivalent to the crops they plant. The user's earnings completely depend on the performance of the chosen protocol and the direction of the entire cryptocurrency market. In a bull market, there may be substantial returns; but once encountering a bear market or issues with the protocol, significant losses may occur.

It can be said that we have been engaging in "digital agriculture" in the most primitive way, which involves extremely high risks.

The Mitosis project was born to change this situation. It aims to initiate a profound "agricultural revolution" in DeFi, with the goal of upgrading the decentralized and fragile "smallholder economy" into a modern financial system that is intensive, scientific, and cooperative, using modern concepts and technologies.

The first step of Mitosis is like establishing an agricultural cooperative, integrating scattered resources. It aims to persuade all "digital farmers" to consolidate their individual fragmented assets to create economies of scale, in order to cope with the risks brought by market fluctuations. This innovative model not only improves the efficiency of capital utilization but also provides participants with a more stable and sustainable income outlook.

Through the Mitosis project, we are expected to witness the transformation of the DeFi sector from a "smallholder economy" to a modern financial system, which will bring new opportunities and challenges for the entire industry.