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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] | |||
== $PAR == | |||
[[File:PAR logo.png|thumb|PAR logo]] | [[File:PAR logo.png|thumb|PAR logo]] | ||
PAR is a stablecoin backed by collateral, and can only be minted with governance-approved collaterals. PAR are created when users deposit accepted tokens (such as [[WETH]], [[WBTC]], [[USDC]], etc) as collateral in vaults and in turn receive a loan against that collateral. | PAR is a stablecoin backed by collateral, and can only be minted with governance-approved collaterals. PAR are created when users deposit accepted tokens (such as [[WETH]], [[WBTC]], [[USDC]], etc) as collateral in vaults and in turn receive a loan against that collateral. | ||