If the Mimo Token Holders accept the executive proposal, the following changes will be deployed to the Mimo Protocol:
| Before | After | |
|---|---|---|
| Balancer v1 | ||
| wETH Minting | 25% | 0% |
| USDC Minting | 5% | 0% |
| wBTC Minting | 14% | 0% |
| [wETH: PAR] Balancer pool liquidity providing | 28% | 0% |
| [USDC: PAR] Balancer pool liquidity providing | 28% | 0% |
| [MIMO: PAR] Balancer pool liquidity providing | 0% | 0% |
| Balancer v2 | ||
| wETH Minting | 0% | 25% |
| USDC Minting | 0% | 3% |
| wBTC Minting | 0% | 11% |
| [wETH: PAR] Balancer pool liquidity providing | 0% | 28% |
| [USDC: PAR] Balancer pool liquidity providing | 0% | 28% |
| [MIMO: PAR] Balancer pool liquidity providing | 0% | 5% |
We believe this change needs to be executed because, migrating to Balancer v2 will offer better capital and gas efficiency making the Mimo experience a lot more affordable.
Please make sure to inform and educate yourself before proceeding with your vote. Community discussions are always welcomed.