Mimo Capital AG is the Swiss-based entity behind the Mimo Protocol, a decentralized lending platform built on the Ethereum and Polygon blockchains. The company's core mission is to provide a stable, decentralized, and transparent Euro-pegged stablecoin (PAR - Parallel) to the DeFi ecosystem. Users can lock their crypto assets, such as ETH or wBTC, into smart contracts called "vaults" to mint PAR tokens. This allows users to unlock liquidity from their holdings without selling them. The protocol is governed by the MIMO token holders, who can vote on key parameters and the future direction of the platform.

Founded in

United Kingdom