You have the possibility to "mint" PAR against a collateral, for this you will have to create your vault with your corresponding collateral (You have the choice between 6 different collaterals on 3 different chains).
Mimo uses vaults for you to deposit your assets. Your vaults are safe, unique, and your assets are never loaned out.
At first, click on "activate" to approve the creation of your new vault.
Once activate, you can "create" your vault and deposit your collateral and choose how much PAR you want to mint against your collateral.
Create a Vault and Mint PAR
By clicking on "Manage", you will have more further information about your vault like returning your PAR, Mint more PAR, withdraw your Collateral or deposit more collateral.