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
Token Contract (Ethereum): 0x90B831fa3Bebf58E9744A14D638E25B4eE06f9Bc
Token Contract (Polygon): 0xADAC33f543267c4D59a8c299cF804c303BC3e4aC
Token Contract (Fantom): 0x1D1764F04DE29da6b90ffBef372D1A45596C4855
Max supply: 1,000,000,000 MIMO
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:
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.
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