Parallel Governance Logo

Parallel Governance PRL

Parallel Governance header image

1. Summary

Ranks

Liquidity
-
Developer
-
Social
83
Momentum (beta)
0
Stack Rankā„¢
-
Price
52W High price $0.006849975700
52W High date 9th Dec 2024 (10 months ago)
All Time High (ATH) Date 20th Oct 2021 (4 years ago)
ATH Price $0.43
% From ATH -98.89%
All Time Low (ATL) Date 11th Mar 2025 (7 months ago)
ATL Price $0.000099790000
% From ATL 4695.44%
Supply & Trading Volume
Trading Volume (24h) $978.00
Total Supply 1.00B
Max Supply 1.00B
Description

Overview of Mimo Governance Token

Overview of Mimo Governance Token

The Mimo Governance Token (MIMO) is primarily used as a governance token within the Mimo Protocol ecosystem. It allows holders to participate in the decision-making process, shape the future direction of the project, and engage in on-chain voting mechanisms for various activities and protocol upgrades. The token operates on the Binance Smart Chain (BSC) and employs a parallel governance system, enabling decentralized decision-making and ensuring that no single entity or individual has complete control over the ecosystem.

Key Features and Uses

Key Benefits

  • Decentralized Decision-Making: The parallel governance model allows for multiple governance tokens, ensuring decentralized decision-making and enhancing the community's ability to actively contribute to the governance process.
  • Inclusive Governance: Token holders can participate in on-chain voting and propose changes to the protocol, fostering a sense of community ownership and accountability.
  • Earn Passive Income: MIMO token holders can earn passive income through liquidity mining by staking MIMO tokens, providing liquidity to the platform, and earning rewards in return.

Token Information

  • Maximum Supply: 1,000,000,000 MIMO tokens.
  • Circulating Supply: 588,825,911 MIMO tokens (as reported on CoinMarketCap).
  • Blockchain: Binance Smart Chain (BSC).

Governance and Decision-Making Process

  • Locking Mechanism: Users can lock their MIMO tokens for a certain duration to participate in the governance process. Longer lock periods grant more voting power.
  • Proposal Voting: Token holders vote on proposals, influencing the development and evolution of the blockchain ecosystem.

Utility and Use Cases

  • Protocol Upgrades: MIMO token holders can propose and vote on parameter changes for the blockchain such as block size, transaction fees, or consensus mechanisms.
  • Resource Allocation: Token holders can participate in the distribution of funds, grants, or investments to support new projects and initiatives.
  • Incentives: MIMO tokens can be used to reward community participation and engagement through mechanisms like liquidity programs and staking.

Development and Background

Mimo Governance Token was founded by Claude Eguienta, a software engineer specializing in distributed systems. The project aims to bridge the gap between decentralized finance and traditional regulated finance, with a focus on the European market.

2. Price

PRL

2.1. Market Performance

How does Parallel Governance's (PRL) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

101.8%

PRL

50.6%

Similar Market Cap

60 Day Return

101.8%

PRL

23.9%

Similar Market Cap

1 Year Return

-1.0%

PRL

-

Similar Market Cap

3. Developer Activity

We're monitoring 9 Parallel Governance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Parallel Governance Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 0
  • Past 12 weeks: 0 commits vs. an average of 3
  • Past year: 0 commits vs. an average of 73

Most Active Repos

Past week 9
Past 12 weeks 9
Past year 9
Past week 4
Past 12 weeks 4
Past year 4
Past week 0
Past 12 weeks 1
Past year 3
Past week 0
Past 12 weeks 0
Past year 3
Past week 0
Past 12 weeks 1
Past year 1
Past week
Past 12 weeks
Past year

Top Developers 2025

In total, 119 developers have contributed to Parallel Governance over the past year. Who are the most active Parallel Governance developers, by commits, over the past year?

Related Projects

Developers working on Parallel Governance also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 172
Active Reddit Users (past 24h) 6
Discord users 5,366
Active Discord Users 457
Telegram Users 3,210
Twitter followers 198,667
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://mimo.capital/
Explorer https://etherscan.io/token/0x90b831fa3bebf58e9744a...
Twitter @mimodefi
reddit /r/mimodefi

What is the correct contract address for Parallel Governance?

Base 0xfd28f108e95f4d41daae9dbfff707d677985998e
Sonic 0xfd28f108e95f4d41daae9dbfff707d677985998e
Fantom 0x1d1764f04de29da6b90ffbef372d1a45596c4855
Ethereum 0x6c0aeceedc55c9d55d8b99216a670d85330941c3
Polygon-pos 0x7790dd69aa10ed3f1271e41cd7222d2a7d2d5948
Arbitrum-one 0xfd28f108e95f4d41daae9dbfff707d677985998e
Optimistic-ethereum 0xfd28f108e95f4d41daae9dbfff707d677985998e

Has Parallel Governance been audited for security?

No security audits found for this project.

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