Mimo's mission is to provide you with the most secure way to access the best services available on the blockchain. We're starting with a protocol that provides a secure way to mint and earn new stablecoins pegged to the euro.
The Mimo protocol is a decentralized price stable token issuance protocol on the Ethereum blockchain. Mimo is a suite of applications that eliminates trusted intermediaries, 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 world of regulated financial institutions by offering a fully decentralized stablecoin platform with loans and savings (under development). This will allow us to move fast and capitalize on existing trends in DeFi and offer a highly competitive product to our user base.

The PAR token is a decentralized, collateral-backed synthetic asset that is algorithmically stable in EUR. Tokens are stabilized by collateral locked in a smart contract vault.