Provide MIMO-PAR liquidity on Balancer (Ethereum & Polygon PoS)
Last updated
Was this helpful?
Last updated
Was this helpful?
Balancer is a decentralized financial network that seeks to provide liquidity to small- and micro-cap coins and returns for liquidity providers.
Balancer has several types of pools, check them out , the 80MIMO/20PAR is a .
Weighted pools can contain up to 8 tokens, with different distributions such as the classic 50/50 pool or 33/33/33 or 80/20 like our MIMO/PAR pool, which is made up of 80% MIMO and 20% PAR.
Unlike "classic" pools, Balancer allows to make different pool repartitions while reducing the risk of .
You can deposit your MIMO and $PAR at 80-20% respectively over for Ethereum and for Polygon.
Once Liquidity deposited, you will receive BPT corresponding to your pool deposit, which is the proof of your deposit on Balancer.
Now, you simply just need to stake your BPT on the (in the Liquidity Providing section) and receive Liquidity Mining paid in MIMO.
Just go to the and press "claim MIMO Tokens".
Don't forget that you can stake & lock your MIMO for by following this to obtain on the protocol.
