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MIMO Parallel Governance Token Overview
24h High
$0.00
24h Low
$0.00
7d Change
+3.88%
30d Change
-29.40%
Volume 24h
$0
Market Cap
$1.09M
Circulating Supply
925.84M MIMO
MIMO Parallel Governance Token News
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About MIMO Parallel Governance Token
MIMO is the governance token of the Parallel Protocol, a decentralized platform enabling the issuance of PAR, a stablecoin pegged to the euro. MIMO holders participate in protocol governance, influencing key decisions, and ensuring the stability of the system.
MIMO is primarily used for governance within the Parallel Protocol. Holders of MIMO tokens can:
- Vote on proposals that modify protocol parameters, such as collateralization requirements, interest rates, and fees.
- Participate in decentralized decision-making regarding system upgrades and treasury management.
- Influence liquidity mining incentives and token distribution strategies.
Additionally, MIMO can serve as an emergency recapitalization tool in the event of a system-wide shortfall, where additional tokens can be minted and sold to restore stability.
The MIMO Parallel Governance Token was created by Mimo Capital, the team behind the Parallel Protocol. The project was designed to offer a decentralized alternative to USD-dominated stablecoins, providing a euro-pegged option for users in decentralized finance (DeFi).
MIMO Parallel Governance Token Markets
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MIMO Parallel Governance Token Platforms
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MIMO Parallel Governance Token Market Data
The live MIMO Parallel Governance Token price today is $0.00 USD with a 24-hour trading volume of $0.00 USD. We update our MIMO to USD price in real-time. MIMO Parallel Governance Token is tracking market moves in the last 24 hours.
The current market cap is $1,093,395.39 USD. The circulating supply is 925,842,563 MIMO out of a max supply of 1,000,000,000 MIMO.