Mimo Capital

Create PAR from crypto collateral and put it to work across compliant finance rails.
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Turn coins you already hold into working capital without selling them. With Mimo Capital, you lock ETH or BTC as collateral and create PAR, a euro‑denominated stable asset, in minutes. Connect your wallet, pick a vault, choose how much collateral to deposit, and set a safe collateral ratio based on your risk tolerance. Confirm the transaction, mint PAR, and immediately see position health, liquidation thresholds, and fees. Set alerts so you know when markets move and your buffer gets thin.

Daily operations are straightforward. Need more headroom? Add collateral in one step. Want to reduce exposure? Repay some PAR and free a portion of your crypto. Close the position at any time by paying back the full amount plus accrued fees. Track performance from a dashboard that shows price feeds, health factors, and historical actions. Prefer guardrails? Enable automation: auto‑top‑up with preset assets, or auto‑repay using incoming PAR so your vault stays within your target range while you sleep.

Put PAR to work as practical spending power. Move PAR to exchanges to access trading pairs, fund strategies, or park it in stable liquidity. Pay invoices through connected off‑ramps and send euros to your business account where supported. Use PAR for budgeting: mint at the start of the month, cover expenses, and settle the balance when revenue lands. For cross‑border needs, keep value in PAR to avoid volatility, then convert only what you need. Treasury teams can segment PAR into projects, payouts, and reserves, with clear visibility over each bucket. more

Review summary

Features

  • Collateralized PAR creation from ETH or BTC
  • Non‑custodial vaults with user‑controlled keys
  • Real‑time health metrics and liquidation thresholds
  • Automation for top‑ups and repayments
  • Price oracle integrations and transparent rules
  • On‑ and off‑ramp connections for spending in euros where available
  • API and webhooks for data and monitoring
  • Multisig and role‑based access for teams
  • Activity logs and exportable reports
  • Notifications and configurable alerts

How It’s Used

  • Freelancer mints PAR against ETH to cover monthly expenses, then repays after getting paid
  • DAO treasury raises working capital without selling BTC, with multisig approvals for safety
  • Trader hedges euro exposure by creating PAR during volatile markets and unwinds after
  • Startup pays EU vendors by off‑ramping PAR to a business bank account where supported
  • Market participant uses PAR pairs on exchanges to execute low‑slippage trades
  • Finance team segments PAR into project budgets with role‑based access and exports for accounting
  • Individual sets automation to maintain a collateral buffer with scheduled top‑ups
  • Developer embeds vault health and alerts into an internal dashboard via API

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