Higher returns for financial services users with a low risk mindsetSingapore, 4 February, 2021 \u2014 Launching its brand new platform, MiMo offers a bridge between DeFi (decentralized finance) and the trusted EURO fiat world. Conservative and risk-averse financial services users who are seeking higher returns than those currently offered by traditional banking institutions can now access a EURO DeFi platform that yields impressive returns without exposure to high volatility as is the case with many other cryptocurrencies. In a nutshell, the MiMo stable token PAR now offers up the first EURO alternative to USD pegged stablecoins.\u201cWith PAR, we are creating an alternative to USD pegged stablecoins such as USDT, USDC or PAX. With a token algorithmically pegged to the EURO, there is a stronger liability due to the inherent macroeconomic politics of the European Union, which make it a great hedge against quantitative easing, inflation and loss of purchasing power that may happen to USD pegged tokens.\u201d \u2014 Nick Calabro, Growth Manager at MiMoSafest, Fastest Decentralized Approach to Managing Your EUROWith Mimo, traditional banks might be a thing of the past. MiMo offers the safest and fastest way to access and manage your EURO funds without financial intermediaries. MiMo\u2019s protocol offers PAR, the first price-stable token algorithmically pegged to the EURO. With Mimo, financial services users can borrow and stake PAR as a EURO pegged token while earning rate yields with lower risks.Users can deposit Bitcoin or Ethereum as collateral to their MiMo vaults to receive PAR tokens as a loan. Once this loan is paid back, it generates fees. The fees generated enter a Healthy Fee Distribution Ecosystem \u2014 10% of the collected fees are used as insurance for securing vaults against liquidation in the event of lowering collateral inside of the vaults. 90% of the fees are used\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Higher returns for financial services users with a low risk mindsetSingapore, 4 February, 2021 \u2014 Launching its brand new platform, MiMo offers a bridge between DeFi [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/3406"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=3406"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/3406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=3406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=3406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=3406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}