PAR is minted by depositing crypto collateral (WBTC, USDC) with overcollateralization maintained through liquidation mechanisms.

Mimo Capital issues PAR, a crypto-backed Euro stablecoin deployed on Ethereum, Polygon, and Fantom.

Mimo Capital is a DeFi protocol focused on Euro-pegged stablecoins.

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Stablecoin issuers

Mimo Capital

# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

Mimo Capital

Gas used

Gas used

Competitive landscape

Chain breakdown