Kuma Protocol
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  • Introduction
  • KUMA Protocol
    • How does it work ?
    • Regulated NFTs
      • Real World Assets, onchain
      • Mimo Capital AG, a regulated entity
      • KUMA NFTs
    • Composable Interest-bearing tokens
      • KUMA Swap
        • User Scenario 1: Kuma Bond Token With Swap
      • KUMA Interest-bearing tokens
        • USK
        • FRK
        • EGK
      • Interest accrual
    • DeFi Integrations
      • DEXes Protocols
      • CDP Protocols
      • Lending Protocols
      • Yield Aggregators Protocols
      • Fixed Yield Protocols
      • Bridges
  • DAO & Governance
    • What is MIMO (Governance Token) ?
      • Where can i get MIMO ?
    • vMIMO and Voting Power
    • Governance process
      • Govern with MIMO tokens
    • Proposal Framework
      • KUMA Integration Request (KIR)
      • KUMA Governance Proposal (KGP)
      • KUMA Improvement Protocol (KIP)
    • Multisig
    • KUMA Emergency Guardians
  • developers
    • Developer Guide
    • Smart Contract Architecture
      • KUMA Interest Bearing Token (KIBT)
        • Interest Bearing Logic
        • ERC-20 Compliance and Updates
        • Balance Accounting
      • Decentralized Access Control
        • Pause/Unpause Access Control
      • KUMASwap
        • sellBond
        • buyBond
      • KUMA Bond Clone Tokens (KBCT)
      • Keepers
      • Deprecation Mode
      • Rate Feed
        • Central Bank Rate Validation
        • MCAGAggregator Volatility Check
    • Code Repositories
    • Contract Addresses
      • Ethereum
      • Polygon PoS
      • Linea
      • Mantle
      • Telos EVM
      • Neon EVM
  • Ressources
    • User Guides
      • Setting up
      • Managing transactions on EVM chains
      • Troubleshooting
      • Lock MIMO for vMIMO
    • Links
    • Security & Audits
    • Glossary
    • Press Kit
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  • What is the KUMA Protocol?
  • How is the KUMA Protocol governed?

Introduction

NextHow does it work ?

Last updated 1 year ago

What is the KUMA Protocol?

The KUMA Protocol is a decentralized protocol issuing backed by , themselves backed by Real World Assets (RWA). At start the KUMA Protocol accepts regulated KUMA NFTs that are backed by .

The KUMA Protocol and tokens have been designed to be more user-friendly than traditional bonds. Unlike the latter, which can be difficult for business & retail investors to understand and access, the KUMA interest-bearing tokens (KIBT) can be easily bought and sold on decentralized applications, making them accessible to a broader range of users. Furthermore, because the KUMA Protocol uses blockchain technology, the entire process of issuing the tokens is audited, transparent and secure.

The KUMA Protocol results from the work of two distinct organisations: Mimo Labs and the KUMA DAO. Mimo Capital AG issues tokens backed by bonds (KUMA NFTs) using NFT technology, while the KUMA Protocol is a decentralized entity governed by MIMO token holders that leverages these NFTs and issues interest-bearing tokens (KIBT): smaller denominations of tokenized bonds into interest-bearing tokens. These interest-bearing tokens behave similarly to stablecoins whose balance increase automatically.

How is the KUMA Protocol governed?

The KUMA Protocol is a community-run, community-governed protocol. Changes are made through proposals that are voted by MIMO token holders who lock their MIMO governance tokens in exchange of voting power (vMIMO).

Governance discussions take place here and every proposals are posted on Snapshot.

Find out the and the of the KUMA Protocol.

Governance Process
Proposal Framework
interest-bearing tokens
regulated NFTs
bonds