If the Mimo Token Holders accept the executive proposal the following changes will be deployed to the Mimo Protocol:
(1) The wETH debt ceiling will be increased from 10 million PAR to 20 million PAR
(2) The MIMO Liquidity Mining will be changed as follows: - BTC minting: 14% (reduced by 6%) - Pool ETH-PAR: 28% (increased by 3%) - Pool USDC-PAR: 28% (increased by 3%) - ETH minting: 25% (no change) - USDC minting: 5% (no change)
Please make sure to inform and educate yourself before proceeding with your vote. Community discussions on the topics outlined above can be found on the Mimo Governance Forum.