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"MIMO is the governance token of the Mimo DeFi platform. Mimo DeFi is a platform that allows its users to enjoy liquidity from their crypto assets without selling them. Users can simply deposit their assets into Vaults and once locked, they can mint PAR stable tokens against them. The assets become available again as soon as the PAR is returned to the platform. To govern the platform, users must lock their MIMO tokens for a certain duration. The longer the lock, the more voting power. The Mimo team is mostly based in Singapore and Dubai."