Parallel
ProjectWatch15Sci-Fi Franchise and Card Game
About
Mimo Protocol is a Collateralized Debt Position (CDP) protocol deployed on Ethereum, Polygon and Fantom. The stablecoin (PAR) is decentralized (controlled by vMIMO holders), non-custodial, overcollateralized, and fully redeemable synthetic asset pegged to the Euro fiat currency.
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History
Funding Round
$35.00M
$35.00M · Collab+Currency, Paradigm, The Spartan Group
Parallel Deployed on Base
Parallel Open Beta Launch
PRIME Token Launch and Coinbase Listing
Funding Round
$50.00M
$50.00M
Founded
Recent News
RT @ParallelMoney: ️ MIP-16┃Reduce PAR debt ceiling to 0 on all tokens as collateral of PAR on Parallel Fantom is live on @SnapshotLabs !…
Parallel Finance Wins Polkadot’s Fourth Parachain Auction
Polkadot-Powered Parallel Finance Raises $22 Million for DeFi Products
Polkadot-based DeFi protocol Parallel Finance raises $22 million in Series A funding
Team
Funding
Paradigm
The Spartan Group
Solana Ventures
Big Brain Holdings
VanEck
Zee Prime Capital
32-Bit Ventures
Base Ecosystem Fund
Distributed Global
Shima Capital
Focus LabsVanEck
Builder Capital
OSS Capital
Istari Ventures
DevmonsBase Ecosystem Fund
Polaris
WWVentures
Yunt Capital
Synergis Capital
Jay
Grail.eth
Loopify
Yoni Ben-Shimon
Gabby Dizon
