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Provide MIMO-PAR liquidity on Balancer (Ethereum & Polygon PoS)
Balancer is a decentralized financial network that seeks to provide liquidity to small- and micro-cap coins and returns for liquidity providers.
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 Impermanent loss.
Once Liquidity deposited, you will receive BPT corresponding to your pool deposit, which is the proof of your deposit on Balancer.
Provide Liquidity on Bancor
Now, you simply just need to stake your BPT on the MIMO mining page (in the Liquidity Providing section) and receive Liquidity Mining paid in MIMO.
PAR-MIMO BPT staking
Claim MIMO rewards
Don't forget that you can stake & lock your MIMO for vMIMO by following this guide to obtain voting power on the protocol.