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Mimo

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Decentralized exchange and NFT marketplace enabling fast, low-cost transactions.

Overview

Mimo operates as an order book decentralized exchange (DEX) that utilizes IoTeX blockchain technology. The platform offers a decentralized exchange and an NFT marketplace, allowing users to engage in peer-to-peer trading without the requirement for sign-ups or deposits. Mimo aims to address issues such as high transaction fees and slow processing times that are often associated with decentralized exchanges, particularly on the Ethereum network. Users can create new trading pairs and earn fees through open liquidity pools, and the platform supports cross-chain interoperability. Mimo also features an interface designed for trading and liquidity management.

Key facts

Founded
2020

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About Mimo

What does Mimo do?

Mimo operates as an order book decentralized exchange (DEX) that utilizes IoTeX blockchain technology.

When was Mimo founded?

Mimo was founded in 2020.

Which sector is Mimo in?

Mimo operates in Decentralized Finance, part of Financial Technology.

Who are Mimo's competitors?

Companies similar to Mimo include ChaiDEX, DLT Exchange, and DeGate.