WebsiteTwitterGovernance Forum

What is MIMO (Governance Token) ?

MIMO is the token associated with the KUMA DAO.

KUMA is a DAO-run, DAO-governed protocol. Changes are made through proposals and voted by holders of the governance token (MIMO).

Token Symbol: MIMO

Max supply: 1,000,000,000 MIMO

You can stake & lock MIMO for vMIMO by following this guide.

Issuance

According to the last proposal "Mimo Distribution v2", the allocation is done as follows :

Before
After

Weekly Issuance

5,654,203.999197681117886672

1,413,550.999799420279471668

Weekly Reduction

5.55%

1.3875%

Issuance Parameters

In the first week, 55.5m MIMO will be issued. Then, the amounts issued in subsequent weeks are calculated as:

WeeklyIssuance=55.5m∗0.9445weekWeekly Issuance = 55.5m * 0.9445^{week}

This guarantees that there will never be more than 1,000,000,000 MIMO tokens.

Issuance Overview

We have produced a general overview of the supply over time by incorporating the weekly reduction of the inflation as well as the supply generated by the TenX and PAY token holder claim that started the 9 April 2021 and ended the 1st April 2022.

PreviousBridgesNextWhere can i get MIMO ?

Last updated