Mitosis is a network where you deposit assets from other chains and they are pooled and allocated collectively rather than by each depositor separately.
Your address starts with 0x and gas is paid in MITO.
The complicated part for records is that the network has three related tokens, and two of them cannot be freely sold, which changes what receiving them means.
What you get out of the box
So importierst du.
On Mitosis
- Open your wallet and copy your address. It starts with 0x.
On Kryptos
- Go to Kryptos.io and sign up with your Google account.
- From the menu, click Integrations.
- Click Add Integration and search for Mitosis.
- Click the Mitosis icon, then choose Import using Address.
- Give the wallet a name, paste your address, and click Import Your Transactions.
Good to know
- Staking MITO produces a governance token you cannot transfer or sell.
- A third token is time-locked, and how fast it unlocks depends on your governance participation rather than on a fixed schedule.
- Deposits produce receipt tokens, and there are two different families of them for two different programmes.
Three tokens, and only one you can sell
Most networks have one token. Mitosis has three, related to each other, and the differences between them are exactly where the tax questions sit.
The first is the ordinary one: transferable, used for gas, and what you would buy on an exchange. Nothing unusual.
Staking it produces the second, a governance token that cannot be transferred at all. You cannot sell it, send it or put a market price on it, because there is no market. That makes the usual approach to staking rewards, value it on the day you received it, awkward: what value, when there is nothing to value it against? Whether a non-transferable token is income at all when received is a real question rather than a settled one, and it is worth raising with an accountant instead of assuming either answer.
The third is a rewards token that unlocks over time. Its schedule is not fixed: it accelerates depending on how much governance token you hold and how actively you participate. So the date you gain control of any given portion is a function of your own behaviour, and two people with the same allocation can have completely different receipt dates. Nothing about that can be read off a schedule.
On top of that, depositing assets produces receipt tokens, and there are two separate families of them for the network's two allocation programmes. They are not interchangeable. For how staking income is treated where you file, see the USA crypto tax guide or the UK crypto tax guide.
Verwalte dein Mitosis-Portfolio mit Kryptos.
Holding a token you cannot sell
The governance token from staking is non-transferable, which makes valuing it as income genuinely arguable rather than obvious.
Tracking an unlock schedule you influence
The time-locked token releases faster if you participate in governance, so the dates cannot be worked out from the chain alone.
Keeping two receipt families apart
Deposits into the two different programmes produce different receipt tokens. Treating them as one class misattributes the yield.
Automatisch prüfungssicher.
Wallets und Börsen verbunden? Steuerbericht mit einem Klick. Im Menü auf Berichte, dein Land auswählen, herunterladen.
A token you cannot sell is hard to value
The governance token from staking cannot be transferred, so there is no market price and nothing you could realise. Whether it is income on receipt is contestable, and the answer varies by jurisdiction.
Unlock dates depend on your behaviour
The time-locked token releases on a schedule that accelerates with governance participation. Two people with identical allocations can have different receipt dates, so a generic vesting assumption will be wrong.
Deposits produce receipts, not disposals
Depositing an asset and receiving a receipt token for it is normally a continuation rather than a sale, but the receipt is a distinct asset that needs its own tracking.
Check how your receipts accrue
Whether a receipt token grows in quantity or in value decides whether you have a stream of income or a single gain at the end. It is worth establishing which applies to yours.
Standardmäßig schreibgeschützt.
- Kryptos only ever needs your public wallet address
- A public address is read-only. It can't move or spend anything
- We never ask for your recovery phrase or private key
- Remove a wallet whenever you like, and its data goes with it
Wenn etwas nicht synchronisiert.
That is by design. It is non-transferable and exists to vote with rather than to trade.
The schedule accelerates with governance participation, so it is not fixed.
They are. Two allocation programmes issue two different receipt families, and they behave differently.
Hängst du fest? Schreib uns an support@kryptos.io oder öffne den Live-Chat in der App.