Mimos mission is to provide you with the safest way to access the best services available on the blockchain. We start with a protocol that offers a secure way to mint and earn a new stablecoin pegged to the Euro.
The Mimo protocol is a decentralized price-stable token issuance protocol on the Ethereum blockchain. Mimo is a suite of trustless applications, including the world’s first Euro-pegged stablecoin, the PAR token.
Mimo has a unique opportunity to bridge the existing gap between the DeFi world and the trusted realm of regulated financial institutions by offering a fully decentralized stablecoin platform with loans and savings (under development). This will enable us to act quickly and leverage existing trends in DeFi, providing our user base with highly competitive products.
The PAR token is a decentralized, collateral-backed synthetic asset algorithmically stabilized to the Euro. The tokens stability is maintained through collateral locked in smart contract vaults.