Binance has introduced Season 1 of the highly anticipated $1M MITO Booster Campaign in collaboration with Mitosis. Starting August 19, 2025, participants can earn a share of 1,000,000 MITO tokens by completing quests, depositing funds, and engaging with Simple Yield Mitosis vaults through Binance Wallet (Keyless). Eligible users must deposit a minimum of 0.03 BNB or 25 USDT to participate.
The campaign consists of three main stages: Quest Participation, Token Distribution, and Reward Claiming and Trading. After completing tasks, users will receive their MITO token rewards, locked according to a vesting schedule predetermined by the project team. Once the lock-up period ends, tokens can be claimed and traded on Binance Alpha. Additionally, Binance is raising awareness about the conditions and risks associated with token lock-ups, encouraging users to conduct thorough research before joining.
As part of a broader strategy to promote Mitosis, Binance will also host the Mitosis Token Generation Event (TGE), offering a total of 10,000,000 MITO tokens at a rate of 0.02 tokens. Participants, limited to subscribing up to 3 BNB based on a pro-rata basis, must meet the 15 Binance Alpha Points threshold to gain access. Any unsold tokens from the TGE will be redistributed in subsequent trading rounds to meet the $1,000,000 goal.
This campaign marks a significant step toward enhancing engagement within the Binance ecosystem while promoting Mitosis as a promising token. Binance emphasizes proper wallet setup, including app updates and ensuring the use of verified MITO contract addresses, to guarantee user security during transactions.
