Executive Proposal - "New Ethereum incentive distribution"

If the Mimo Token Holders accept the executive proposal, the following changes will be deployed to the Mimo Protocol:


  • New incentive for the PAR/EURT/sEUR/EURS pool


  • Release of a new MIMO locking contract
  • New incentive for the MIMO locking contract

The new incentive distribution will be:

Before After
 wETH Minting 25% 25%
 USDC Minting 3% 2%
 wBTC Minting 11% 7%
 [PAR/USDC] Balancer pool liquidity providing 28% 18%
 [PAR/wETH] Balancer pool liquidity providing 28% 5%
 [PAR/MIMO] Balancer pool liquidity providing 5% 28%
 [PAR/EURT/sEUR/EURS] Curve pool liquidity providing 0% 10%
  MIMO locking contract 0% 5%


We believe this change needs to be executed because incentivizing a EUR stable pool will offer more liquidity, volume, and stabilization to our PAR token.
The new MIMO locking contract is part of our gov token appreciation program. It will allow users to, as before, lock their MIMO tokens to get voting power, but they will now receive an incentive for doing that.


Please make sure to inform and educate yourself before proceeding with your vote. Community discussions are always welcomed.

i want to suggest to increase the incentive of the MIMO locking contract. As currently on all the pools the APY´s are very high compared to the MIMO locking contract, because a lot of people already locked a lot of MIMO´s.