Difference between revisions of "Mimo protocol"
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[https://mimo.capital/ Website] | |||
[https://docs.mimo.capital/parallel-protocol/ Documentation] | |||
[https://app.mimo.capital/assets/pdf/Mimo%20-%20White%20Paper.pdf Whitepaper] | |||
[https://discord.gg/mimodao Discord] | |||
[https://t.me/mimo_labs Telegram] | |||
=== What is Mimo Protocol ? === | === What is Mimo Protocol ? === | ||
[[File:Mimo website.png|thumb|Mimo website]] | [[File:Mimo website.png|thumb|Mimo website]] | ||
Mimo is a decentralized protocol that issues a stablecoin, the Parallel token ([[PAR]]), on the Ethereum, Polygon and Fantom blockchains. The [[/parallel-protocol/Mimo-protocol/par|PAR]] stablecoin is decentralized, non-custodial, and collateral-backed. | Mimo is a [[CDP]] (Collateralized Debt Position) decentralized protocol that issues a stablecoin , the Parallel token ([[PAR]]), on the Ethereum, Polygon and Fantom blockchains. The [[/parallel-protocol/Mimo-protocol/par|PAR]] stablecoin is decentralized, non-custodial, and collateral-backed. | ||
=== How is Mimo governed ? === | === How is Mimo governed ? === | ||
Latest revision as of 07:30, 22 October 2022
What is Mimo Protocol ?
Mimo is a CDP (Collateralized Debt Position) decentralized protocol that issues a stablecoin , the Parallel token (PAR), on the Ethereum, Polygon and Fantom blockchains. The PAR stablecoin is decentralized, non-custodial, and collateral-backed.
How is Mimo governed ?
The Mimo Protocol is a community-run, community-governed protocol. Changes are made through proposals that are voted with vMIMO, which are obtained by locking MIMO governance tokens.
Why use Mimo ?
The Mimo Protocol has been audited and secured. The protocol is completely open source, which allows anyone to interact with a UI client, or directly with the smart contracts. Being open source means that anyone can build a third-party interface, service, or application to interact with the protocol and enrich their product.
Additional information and resources about Mimo
Feel free to refer to the WhitePaper for a deeper dive into Mimo Protocol mechanisms. Developers can access the Developer documentation for a technical description of the Mimo decentralized protocol. For detailed risk analysis, please visit the risk framework.