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Mimo Labs
Mimo Labs offers financial tools for different market conditions. Through its KUMA Protocol, it provides tokenized real-world assets, such as US Treasury Bills, in a DeFi-compatible format. Its Parallel Protocol allows users to mint stablecoins pegged to the Euro (PAR) and US Dollar (paUSD) against their assets, providing liquidity without needing to sell.
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KUMA Protocol
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Description
The KUMA Protocol provides tokenized real-world assets in multiple forms, giving users access to traditional assets in a DeFi-compatible way, providing an alternative and solid source of yield in varying market conditions.Category: RWA
TVL: $2.9M
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Parallel Protocol
Project Links
Description
Mimo Labs offers the KUMA Protocol, which provides tokenized real-world assets, and the Parallel Protocol, which allows users to leverage their assets by minting price-stable currencies against collateral. The project issues various stablecoins such as USK, PAR, and paUSD, backed by different forms of debt and assets.Category: CDP
TVL: $12M
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