Difference between revisions of "Mimo protocol"
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=== What is Mimo Protocol ? === | |||
[[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. | |||
=== 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 [https://docs.mimo.capital/parallel-protocol/resources/security-audits audited and secured]. The protocol is completely [https://github.com/mimo-capital/ 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 [https://app.mimo.capital/assets/pdf/Mimo%20-%20White%20Paper.pdf WhitePaper] for a deeper dive into Mimo Protocol mechanisms. Developers can access the [https://docs.mimo.capital/parallel-protocol/developers/smart-contract-architecture Developer documentation] for a technical description of the Mimo decentralized protocol. For detailed risk analysis, please visit the [https://docs.mimo.capital/parallel-protocol/risk/mimos-risk-framework risk framework]. | |||
Revision as of 10:25, 19 October 2022
What is Mimo Protocol ?
Mimo is a 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.