Mimo Governance Token

Mimo Governance Token PriceMIMO

CA$0.000910

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Mimo Governance Token Price Today

Current MIMO/CAD real-time price is CA$0.00091, with a 24-hour change rate of +0.00% and a 7-day change rate of +1,178.61%. MIMO currently ranks #5624 globally by market cap, with a total market cap of CA$535.972608K, a fully diluted valuation (FDV) of CA$821.723481K, and a 24-hour trading volume of CA$0. In terms of supply, MIMO has a maximum supply of ∞, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About Mimo Governance Token

What is Mimo Governance Token (MIMO)?

Mimo Governance Token (MIMO) is the governance token of the Mimo Protocol, Kuma Protocol, and the Parallel Protocol. The Parallel Protocol is a decentralized platform on the Ethereum blockchain that enables the issuance of PAR, a stablecoin pegged to the euro (EUR). Mimo offers a suite of applications designed to let business and retail investors use digital assets or enter the blockchain space, bridging the gap between DeFi and traditional regulated finance. The project provides a decentralized and multichain euro stablecoin and develops blockchain-powered financial products, including tokens backed by US Treasury bills. MIMO is an ERC-20 token deployed across Ethereum, Polygon, and Arbitrum. Total supply is approximately 902.76 million MIMO; the on-chain maximum total supply on Ethereum is about 996.24 million MIMO. MIMO launched in 2021; the CoinMarketCap registry records a launch date of 2021-01-20, while the token start and listing date is recorded as 2021-07-11. The project represents an effort to offer a decentralized alternative to USD-dominated stablecoins.

Key Specifications & Tokenomics

  • Name: Mimo Governance Token
  • Symbol: MIMO
  • Token Standard: ERC-20
  • Blockchain: Ethereum, Polygon, Arbitrum
  • Decimal Places: 18
  • Ethereum Contract: 0x90b831fa3bebf58e9744a14d638e25b4ee06f9bc
  • Polygon Contract: 0x7790dd69aa10eD3f1271E41CD7222D2a7d2D5948
  • Arbitrum Contract: 0xfD28f108e95f4D41daAE9dbfFf707D677985998E (explorer: arbiscan.io/address/0xfD28f108e95f4D41daAE9dbfFf707D677985998E)
  • Total Supply: 902,755,232.8 MIMO
  • Circulating Supply: Circulating supply is reported inconsistently across sources (0 to 447.27M MIMO); confirm via the official announcement before relying on it.
  • Contract Security Audit: none submitted as of the latest available record
  • Category: Governance, Ethereum Ecosystem, Real World Assets Protocols
  • Official Website: https://mimo.capital/
  • Whitepaper: https://par.mimo.capital/assets/pdf/Mimo%20-%20White%20Paper.pdf
  • Twitter: https://twitter.com/mimo_labs
  • Source Code: https://github.com/mimo-capital
  • Telegram: https://t.me/mimo_labs
  • Discord: https://discord.gg/mimodao

Who created Mimo Governance Token (MIMO)?

The team behind the Parallel Protocol and the creator of the MIMO Parallel Governance Token is Mimo Capital. Claude Eguienta serves as CEO for Mimo. He is a software engineer by trade, specialized in distributed systems. The project's development has been driven by a focus on bridging decentralized finance with traditional regulated finance, and the team has pursued partnerships to expand the utility of its assets. The project is developed by Mimo Capital, with Claude Eguienta as CEO; source code is published at github.com/mimo-capital. Mimo Capital AG, a regulated Liechtenstein entity, tokenizes sovereign and corporate bonds 1:1, with each on-chain token linked to an underlying asset held in custody.

How does Mimo Governance Token (MIMO) work?

MIMO operates as a governance token within a multi-protocol ecosystem. The Parallel Protocol, a core component, is a decentralized stablecoin issuance platform on the Ethereum blockchain. Users can mint PAR, a stablecoin pegged to the euro, by depositing collateral such as Ether (ETH) into smart contract vaults. MIMO holders govern the Mimo Protocol, Kuma Protocol, and Parallel Protocol by locking their tokens for a certain duration. The longer the lock period, the more voting power a holder receives. This governance mechanism allows token holders to influence key decisions, including protocol parameter modifications such as collateralization requirements, interest rates, and fees. Holders also participate in decisions regarding system upgrades, treasury management, liquidity mining incentives, and token distribution strategies. Additionally, MIMO functions as an emergency recapitalization tool; in the event of a system-wide shortfall, additional tokens can be minted and sold to restore stability.

What makes Mimo Governance Token (MIMO) unique and valuable?

Mimo distinguishes itself by offering a decentralized, multichain euro stablecoin at a time when most stablecoins are pegged to the US dollar. The project's suite of applications is designed to bridge the existing chasm between the DeFi world and traditional regulated finance, providing business and retail investors with tools to use digital assets or enter the blockchain space. The development of blockchain-powered financial products, such as tokens backed by US Treasury bills, further differentiates its offerings. The governance model, which rewards longer lock periods with greater voting power, aligns long-term holder interests with protocol stability. The protocol's multi-chain deployment across Ethereum, Polygon, and Arbitrum enhances accessibility and reach within the broader DeFi ecosystem.

What is Mimo Governance Token (MIMO) used for?

MIMO is primarily used for governance across the Mimo Protocol, Kuma Protocol, and Parallel Protocol. By locking MIMO tokens, holders gain voting power to influence key decisions, including modifications to protocol parameters like collateralization requirements, interest rates, and fees. Token holders also participate in decentralized decision-making regarding system upgrades and treasury management, and can influence liquidity mining incentives and token distribution strategies. Beyond governance, MIMO serves as an emergency recapitalization tool, allowing for the minting and sale of additional tokens to restore system stability in the event of a shortfall. The token is integral to the operation and governance of the PAR euro stablecoin ecosystem.

How Is the Mimo Governance Token (MIMO) ecosystem developing?

The Mimo ecosystem is centred around the Parallel Protocol and its euro-pegged stablecoin, PAR. The team behind Mimo Capital has pursued partnerships to expand the utility of its assets. A partnership with DIA Oracles was established. The Mimo team expressed interest in launching a lending and borrowing pool for MIMO and PAR on the Midas Capital app. The project has deployed its token across multiple blockchains, including Ethereum, Polygon, and Arbitrum, to enhance accessibility. The development of blockchain-powered financial products, such as tokens backed by US Treasury bills, indicates an ongoing effort to expand the ecosystem's offerings and bridge the gap between DeFi and traditional finance. According to Etherscan, the Ethereum contract has 5,173 holders. According to DropsTab, MIMO is listed on HitBTC with the MIMO/BTC pair; the token has 13 active markets in total.

How to mine Mimo Governance Token (MIMO)?

MIMO is not a mined cryptocurrency. It is an ERC-20 governance token issued on the Ethereum blockchain and deployed on Polygon and Arbitrum. There is no mining mechanism associated with MIMO. MIMO is not mined; it is an ERC-20 token whose contract includes a MIMO_MINTER_ROLE, meaning new tokens can only be created by addresses holding that role, and displayed balances are scaled by an on-chain UI Multiplier. Instead, tokens are acquired through trading or other distribution methods and can be locked to participate in protocol governance. The locking mechanism grants voting power, with longer lock durations resulting in greater influence over the protocols. Users interested in supporting the network can participate in governance by acquiring and locking MIMO tokens.

How to keep your Mimo Governance Token (MIMO) Coin safe?

As an ERC-20 token, MIMO can be stored in any compatible Ethereum wallet that supports ERC-20 tokens. For enhanced security, a hardware wallet is recommended to keep private keys offline and protected from online threats. Users should always verify contract addresses before interacting with any token or platform, as the project has undergone a contract migration. MIMO has undergone a contract migration; two Ethereum contract addresses appear across sources (0x6c0aeceeDc55c9d55d8B99216a670D85330941c3 and 0x90B831fa3Bebf58E9744A14D638E25B4eE06f9Bc), so confirm the current contract via the official announcement at blog.parallel.best before interacting. It is important to use official links and sources, such as the project's official website, to avoid phishing attempts. Never share private keys or seed phrases with anyone. For tokens on Polygon and Arbitrum, ensure the wallet supports those networks. Regularly updating wallet software and being cautious of unsolicited offers or links can further help protect holdings.

Risks and uncertainties

As of the latest available records, no contract security audit has been submitted for MIMO, and reported circulating supply differs sharply between sources (0 to 447.27M). The token has also undergone a contract migration, so users should verify the current contract through official channels before interacting. Like other digital assets, MIMO is subject to price volatility, and its value can rise or fall. Regulatory treatment of tokens and stablecoins may change across jurisdictions, which could affect the project. Technical risks, including smart contract vulnerabilities and network issues, also apply.

How to Buy and Use Mimo Governance Token

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsMimo Governance Token is instantly credited to your BTCC account, ready for trading at any time.

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Mimo Governance Token FAQs

What is the live price, market cap, and 24h volume of Mimo Governance Token (MIMO)?

As of right now, the live price of Mimo Governance Token (MIMO) is CA$0.00091. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MIMO to USD rate at the top of BTCC’s price page. In terms of market scope, Mimo Governance Token records a 24h trading volume of CA$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of CA$535.972608K. Its current circulating supply stands at -- out of a maximum supply cap of ∞.

Why does the price of Mimo Governance Token (MIMO) fluctuate, and what drives its volatility?

The price volatility of Mimo Governance Token (MIMO) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Mimo Governance Token (MIMO)?

Looking at its historical price performance, Mimo Governance Token (MIMO) hit an all-time high (ATH) of CA$0.613929 on 2021-10-20 15:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at CA$0.000071 on 2026-10-17 11:20. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Mimo Governance Token (MIMO) price chart for futures trading?

When trading MIMO futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (CA$0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Mimo Governance Token (MIMO) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s MIMOUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Mimo Governance Token, simply log into your BTCC account with USDT margin available, navigate to the MIMOUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Mimo Governance Token (MIMO) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for MIMOUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise Mimo Governance Token (MIMO) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: CA$0.00091), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for MIMOUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Mimo Governance Token (MIMO) on BTCC?

Trading Mimo Governance Token (MIMO) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MIMOUSDT, and review its live price (CA$0.00091) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

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