June 23, 2021 – Singapore, Singapore
Euro-pegged stablecoin, the PAR token, aims to provide loans and savings through access to DeFi.
Mimo, the governance token behind Mimo DeFi, has officially been listed on Bittrex Global. In addition, PAR, Mimo’s stable token which is algorithmically pegged to the euro, has also been listed. Both Mimo and PAR are available to buy, sell and trade on Bittrex Global, a privately owned, top-ranked global exchange according to CoinMarketCap.
The Mimo protocol has a suite of applications that aims to eliminate traditional intermediaries within the financial services industry,roviding people with access to credit and stronger returns for their savings that will over time create greater competition and financial inclusion, particularly for the world’s 2.5 billion unbanked.
Claude Eguienta, CEO of Mimo Capital, said,
“For over a decade I have been fascinated in how DeFi can be applied to ensure people have greater access and a fairer share of the rewards that financial services generate. We are witnessing a paradigm shift in how people approach financial systems and products, and the team at Mimo aims to be pioneers in this change.”
Stephen Stonberg, CEO of Bittrex Global, said,
“We are very impressed with the team at Mimo. Their values and dedication to creating a fairer and more inclusive financial system fulfills DeFi’s promise. With several decades of experience on Wall Street, I am very excited to see how traditional systems and procedures can be reconceptualized through the application of this pioneering technology.”
Currently, two trading pairs for PAR and one for MIMO are available.
- PAR/BTC and PAR/USDT
About Mimo Capital
The Mimo protocol is a decentralized price-stable token issuance protocol on the Ethereum blockchain. Mimo is a suite of applications that eliminate trusted intermediaries, including the PAR token, a euro-pegged stablecoin.
About Bittrex Global
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world where customers can access exciting new products. Built on Bittrex’s cutting edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.
John McLeod at Funday Agency