<span style="font-weight: 400">MiMo DeFi has recently <a href="https://mimo.capital/" target="_blank" rel="nofollow noopener">refurbished</a> its Wallet and Web App with a convenient and uncomplicated UI/UX and attached more cryptocurrencies. The added cryptocurrencies are ETH, WBTC, and USDC, for vault lockup to mint Euro Stablecoin PAR.</span>
<h2><span style="font-weight: 400">MiMo DeFi Protocol to Mint Euro Stablecoin PAR</span></h2>
<span style="font-weight: 400">MiMo DeFi Protocol being the first Euro DeFi lending platform of the world facilitates the minting procedure of the algorithmically pegged token PAR to Euro. The digital assets of the users are locked up in a virtual vault as indemnity contrasting to spending them.</span>

<span style="font-weight: 400">Executed on the chain, this clearly makes Euro <a href="https://www.cryptoknowmics.com/news/french-retailer-groupe-casino-to-roll-out-a-euro-pegged-stablecoin/">Stablecoin</a> PAR the very first completely decentralized token of its kind. With the presence of MiMo DeFi, the users are capable of retaining supreme control of their locked up digital assets for as long as the value of assets is enough.</span>

<span style="font-weight: 400">Talking about the advantages that a user receives, appreciations in the market price of the assets is combined with the PAR tokens minting benefits. The minted tokens can also be utilized in the DeFi marketplace.</span>

<span style="font-weight: 400">In addition to this, the users will also be getting high-yield returns after placing their PAR tokens in liquidity mining pools along with the 2% lending rate offered on the MiMo <a href="https://www.cryptoknowmics.com/news/defi-evolution-and-current-trends/">DeFi</a> platform.</span>
<h2><span style="font-weight: 400">Best Way to Extract More From Your Digital Assets</span></h2>
<span style="font-weight: 400">MiMo DeFi is backed by a team of experienced developers, who have earlier launched a wallet to be used in concurrence with a debit card associated with the Visa network, TenX. Utilized by many as a crypto payment solution in various countries globally, it was supported by a vision to assist cryptocurrency users.</span>

<span style="font-weight: 400">The MiMo DeFi protocol is inspected by Quantstamp and its functioning is intended to keep the balance of users safe. In addition to this, its aim is to increase faith in the overall lucidity of the project.</span>

Decentralized Lending Platform MiMo DeFi Protocol to Mint Euro Stablecoin PAR

MiMo DeFi has recently refurbished its Wallet and Web App with a convenient and uncomplicated UI/UX to mint Euro stablecoin PAR.

Sahaj is an aspiring journalist with a keen interest in cryptocurrency and the whole concept of Blockchain technology. He is positive about the future potential of Cryptocurrency and Blockchain in shaping the world of finance for good. At present, he is covering the latest developments in the field of the cryptosphere.

Decentralized Lending Platform MiMo DeFi Protocol to Mint Euro Stablecoin PAR

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