Mimo - Building the Kuma and Parallel Protocols
Listen now
Description
Claude Eguienta is the Chief Executive Officer at Mimo Capital, a company that creates protocols providing tokenized real-world assets. So far, it has created the Kuma and Parallel protocols. Kuma is a DeFi protocol that provides tokenized real-world assets. The Parallel protocol is a lending platform for overcollateralized stablecoin loans. Why you should listen Kuma is a DeFi protocol that provides tokenized real-world assets in various forms.  The Parallel protocol is a lending platform for overcollateralized stablecoin loans. It allows users to mint price-stable tokens backed by various currencies after depositing collateral.  Claude explains that Kuma aims to provide sustainable returns within the crypto world by tokenizing assets like treasury bills (T-bills). The Kuma protocol is designed to provide a balanced portfolio by combining tradfi and crypto. Claude says the industry is gradually moving towards tokenizing riskier assets with higher yields, which would offer better commissions and differentiated products.  The Parallel protocol was created to solve the problem of providing a euro stablecoin in a cost-effective way. It allows users to deposit volatile assets as collateral and borrow stablecoins against them. Supporting links Bitget Bitget Academy Bitget Research Bitget Wallet Mimo Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.  
More Episodes
Karim Chaib is the founder of Dopamine a "superApp" for crypto. In an era where human attention drives software revenue, 'Dopamine' stands as your tokenized web3 software license, powering businesses and Super Apps with Web 3 Code, AI, Big Data, and Compliance. Why you should listen Dopamine...
Published 05/01/24
Edward Mehrez is Co-Founder at Arrow Markets, a hybrid options protocol built on the Avalanche Blockchain   Why you should listen Arrow Markets is a hybrid options protocol built on the Avalanche Blockchain. In the traditional options market, options must be sold by a writer who receives the...
Published 04/28/24
Published 04/28/24