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Mimo Protocol Lists Parallel Token and Its Governance Token on Bittrex Global

by ChainWire
June 23, 2021
in Industry Announcements

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, providing 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
  • MIMO/BTC
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.

Contact

John McLeod at Funday Agency

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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