Mimo's monthly governance rundown is back for February, providing a comprehensive update on the latest developments and new additions to the protocol.

Mimo has joined the PAR-jEUR Balancer gauge as a new Quest creator, offering an attractive 39% APR for all veBAL voters. The gauge is a joint effort between Mimo's PAR and Jarvis’ jEUR, two euro-pegged stablecoins. The collaboration aims to provide liquidity for the stablecoins and enable users to earn yields by staking their veBAL tokens. The addition of Mimo Labs as a Quest creator means users can now enjoy new rewards and challenges.

https://twitter.com/Paladin_vote/status/1629128370352009216

Picnic, a portfolio management protocol, is excited to welcome back double-digit yield in Euro, including the jEUR/PAR pool. After a period of lower yields, investors can once again take advantage of high returns with Picnic's easy-to-use platform.

https://twitter.com/usePicnic/status/1626292332403499008

The introduction of the new Balancer #2eur (PAR) pool is having a significant impact on the Euro ecosystem. By boosting PAR liquidity, the pool is providing a superior swap rate compared to Uniswap, with a 50k PAR swap for USDC 0.67% better. Furthermore, the EURe wrapper enables users to off-ramp PAR for Euros with minimal fees.

https://twitter.com/Jarvis_Network/status/1625265712104194048

With the recent vote in favor of integrating wstETH as new collateral on Ethereum, the DAO needs to set the different parameters of this collateral, this proposal aims to set parameters for wstETH collateral on Ethereum. The vote is currently live on Snapshot, make sure to vote for it before the 3rd March 2023.

Vote on Snapshot here.

Since last month, there are many transactions with all these new collateral, let's dive in:

Transactions covered

MGP-9 | Add Supply Caps & Debt Ceiling on the Mimo Midas pool on Polygon

MGP-11 | Add PAR-jEUR BPT as collateral on the Mimo Midas pool on Polygon

Next Transactions to be covered

DAO signer compensation for the month of February

MGP-10 | Create a Mimo Midas pool on Fantom

MIP-11 ┃ Mimo Emergency Guardians

MIP-12 ┃ Adjust Origination & Borrowing fee

MIR-19 ┃ Add wstETH as collateral on Mimo on Ethereum

You can access all the multisig Tx on each chain here.

Be sure to visit Mimo’s Snapshot profile to not miss the latest proposals.

You can also participate in the discussion on the Governance Forum or on Discord, and if you have any questions or suggestions, feel free to chat with the community on Telegram.

Don't forget to also follow the latest information on the Mimo DAO Twitter account.

Mimo's monthly governance rundown is back for February, providing a comprehensive update on the latest developments and new additions to the protocol.

Mimo has joined the PAR-jEUR Balancer gauge as a new Quest creator, offering an attractive 39% APR for all veBAL voters. The gauge is a joint effort between Mimo's PAR and Jarvis’ jEUR, two euro-pegged stablecoins. The collaboration aims to provide liquidity for the stablecoins and enable users to earn yields by staking their veBAL tokens. The addition of Mimo Labs as a Quest creator means users can now enjoy new rewards and challenges.

https://twitter.com/Paladin_vote/status/1629128370352009216

Picnic, a portfolio management protocol, is excited to welcome back double-digit yield in Euro, including the jEUR/PAR pool. After a period of lower yields, investors can once again take advantage of high returns with Picnic's easy-to-use platform.

https://twitter.com/usePicnic/status/1626292332403499008

The introduction of the new Balancer #2eur (PAR) pool is having a significant impact on the Euro ecosystem. By boosting PAR liquidity, the pool is providing a superior swap rate compared to Uniswap, with a 50k PAR swap for USDC 0.67% better. Furthermore, the EURe wrapper enables users to off-ramp PAR for Euros with minimal fees.

https://twitter.com/Jarvis_Network/status/1625265712104194048

With the recent vote in favor of integrating wstETH as new collateral on Ethereum, the DAO needs to set the different parameters of this collateral, this proposal aims to set parameters for wstETH collateral on Ethereum. The vote is currently live on Snapshot, make sure to vote for it before the 3rd March 2023.

Vote on Snapshot here.

Since last month, there are many transactions with all these new collateral, let's dive in:

Transactions covered

MGP-9 | Add Supply Caps & Debt Ceiling on the Mimo Midas pool on Polygon

MGP-11 | Add PAR-jEUR BPT as collateral on the Mimo Midas pool on Polygon

Next Transactions to be covered

DAO signer compensation for the month of February

MGP-10 | Create a Mimo Midas pool on Fantom

MIP-11 ┃ Mimo Emergency Guardians

MIP-12 ┃ Adjust Origination & Borrowing fee

MIR-19 ┃ Add wstETH as collateral on Mimo on Ethereum

You can access all the multisig Tx on each chain here.

Be sure to visit Mimo’s Snapshot profile to not miss the latest proposals.

You can also participate in the discussion on the Governance Forum or on Discord, and if you have any questions or suggestions, feel free to chat with the community on Telegram.

Don't forget to also follow the latest information on the Mimo DAO Twitter account.