*概括
*信息
Mimo offers a suite of applications designed to enable business and retail investors to utilize their digital assets or enter the Blockchain space, bridging the gap between the DeFi world and traditional regulated finance. It provides a decentralized and multichain euro stablecoin and develops blockchain-powered financial products, including tokens backed by US Treasury bills and other offerings.
MIMO serves as the governance token for Mimo Protocol and Kuma Protocol. Users need to lock their MIMO tokens for a specific duration to participate in the governance of these protocols. The longer the lock, the greater the voting power.
*信息
What is MIMO Parallel Governance Token?
MIMO Parallel Governance Token is the native governance token of Mimo DeFi platform.
Mimo DeFi is a platform that allows users to enjoy liquidity from their crypto assets without selling them. Users can deposit their assets into Vaults and mint PAR stable tokens against them. The assets become available again once the PAR is returned to the platform. To govern the platform, users must lock their MIMO tokens for a certain duration. The longer the lock, the more voting power they have.
Mimo Defi is home to the Parallel Protocol, a decentralized price-stable token issuance protocol on the Ethereum blockchain. Parallel stablecoins are decentralized, non-custodial, collateral-backed, and fully redeemable synthetic assets pegged to a fiat currency. Parallel stablecoins are kept stable by collateral locked in smart contract Vaults.
At launch, the Parallel Protocol offers a single ERC20 stablecoin called PAR, which is pegged to the Euro.
*问答
*币种排行
*热门问答
- Can you explain how Mimo Capital plays a role in the expansion and development of digital currencies? How does their involvement contribute to the overall growth of the digital currency market?2021-12-28
- Can you explain the connection between Mimo Net Ltda and the cryptocurrency industry in detail?2021-12-28
- What are the ways in which Mimo Net Ltda can contribute to enhancing the security and efficiency of cryptocurrency exchanges?2021-12-28
- Can you explain the advantages of utilizing Mimo Net for conducting cryptocurrency transactions? How does it differ from other platforms and what unique features does it offer?2021-12-28
- Can you explain the specific role that Mimo Capital plays in the cryptocurrency market? How does it contribute to the overall ecosystem?2021-12-28
- Can you explain the benefits of choosing Mimo Capital as a platform for investing in cryptocurrencies? How does it stand out from other options available in the market?2021-12-28