Mimo Capital

Mimo Capital is a decentralized finance (DeFi) platform focused on bridging traditional financial assets with blockchain technology through tokenization. It provides a suite of protocols that enable users to access real-world assets (RWAs) in a DeFi-compatible manner, offering alternative sources of yield that are less correlated with volatile crypto markets. The platform’s core components include the KUMA Protocol, which issues tokenized real-world assets backed by instruments like US Treasury Bills and corporate bonds, and the Parallel Protocol, which allows users to mint over-collateralized, price-stable tokens pegged to fiat currencies without selling their underlying assets.

The KUMA Protocol issues asset-backed NFTs representing debt instruments, which back the USK token—a stablecoin that maintains parity with USD stablecoins but accrues interest over time automatically. This design provides users with a stable store of value that grows with the yield of the underlying assets. The Parallel Protocol complements this by enabling users to leverage their holdings to mint stablecoins pegged to the Euro (PAR) and US Dollar (paUSD), providing immediate liquidity while retaining exposure to their collateral.

Mimo Capital targets DeFi developers, financial institutions, tokenization platforms, and enterprise blockchain teams seeking to integrate real-world assets into decentralized ecosystems. The platform is designed for seamless integration with existing DeFi infrastructure and supports over-collateralization to maintain stability and security. Developers can get started by exploring the comprehensive documentation and open-source repositories, which provide detailed guides on interacting with the protocols and minting stablecoins. Active community channels and audit reports further support secure and transparent adoption.