Introducing Mimo V3 Upgrade - Empowering a Fresh Trading Experience

Introducing Mimo V3 Upgrade - Empowering a Fresh Trading Experience

We are thrilled to unveil our highly anticipated V3 upgrade, marking a significant leap forward for Mimo as a premier decentralized exchange on IoTeX. In this latest update, Mimo will further solidify its position as a leading DEX on IoTeX, enhancing user experience, data capabilities, and support for the DePIN project and assets. With improvements in stability and user interface, this heralds a new era for Mimo users in their DEX experience.


Since its launch in September 2020, Mimo has served IoTeX users diligently, evolving into a top-tier DEX and continuously iterating its product features to meet evolving market demands. In June 2021, Mimo introduced V2, incorporating innovative features and enhanced performance while adopting new methods and user experiences for managing liquidity pools. In April 2023, Mimo launched its NFT marketplace, providing IoTeX users with a seamless and secure platform for NFT transactions. In May of the same year, in collaboration with the ioPay team, Mimo integrated its swap functionality to enhance the experience for IoTeX's mobile users, facilitating convenient asset exchanges. Additionally, Mimo provided users with avenues to swiftly purchase IOTX via credit cards or cryptocurrencies like ETH, BNB, and MATIC, as well as a centralized hub for participating in ecosystem project activities.

At the core of Mimo's ethos lies an unwavering commitment to innovation. While garnering industry recognition, Mimo recognizes the burgeoning user base and their evolving needs for IoTeX. Hence, the decision to introduce a significant and innovative upgrade to optimize performance and user experience.

Mimo V3 Details:

  • Activation of V3 Liquidity Pools: In mimo V3, we have launched V3 liquidity pools, enhancing performance compared to V2. We concentrated liquidity and introduced multiple fee tiers, making mimo V3 a more flexible and efficient AMM. Users can precisely control the price range for their capital allocation in V3, and the fee tier settings allow them to earn rewards based on their risk tolerance.
  • Minimalist UI: Departing from cluttered interface elements, Mimo V3 adopts a minimalist design philosophy, offering users a refreshing and clean interface.
  • Enhanced Sending Feature: Mimo V3 enables users to directly send assets to wallet addresses, facilitating more convenient transaction operations.
  • Improved Performance: With optimized transaction execution paths and increased speeds, Mimo V3 elevates transaction speeds to unprecedented levels, fostering faster and more efficient trading.
  • Comprehensive Token and Liquidity Pool Information: Users gain detailed insights into tokens and liquidity pools, empowering them to make informed decisions and optimize their trading strategies.
all token
  • Optimized DePIN Liquidity Hub: A crucial tool provided for the DePIN ecosystem by IoTeX, the DePIN Liquidity Hub's UI has been comprehensively updated in V3 for swift access to pool data and earnings information, enhancing user intuitiveness.
Liquidity Mining
  • RPC Network Selection: Traders can freely select and switch between faster RPC nodes, ensuring consistent smooth and responsive trading experiences regardless of network conditions.
  • About Mimo V2: Mimo V3 will operate alongside Mimo V2. However, liquidity on Mimo V2 is separate from that on Mimo V3. Over time, it's anticipated that much of the liquidity from Mimo V2 will be migrated to Mimo V3 to benefit from the new V3 features.

Since its inception, Mimo has been at the forefront of decentralized trading, pioneering innovative solutions to challenge the status quo. With the V3 upgrade, we once again raise the bar, delivering a seamless and feature-rich experience to meet the evolving needs of traders, arbitrageurs, and liquidity providers.

As we push the boundaries of what's possible, our long-term vision remains steadfast - to create an ecosystem comprised of #DePIN products and services, built upon Mimo's automated liquidity protocol. By tokenizing and trading IoT data sets, devices, and asset-backed derivatives, Mimo aims to unlock trillions of dollars in the DePIN market, pioneering unprecedented business models in decentralized finance.
Embark on this exhilarating journey with us as we redefine the future of DeFi. Explore the all-new Mimo V3 and experience a decentralized trading paradigm like never before!

About mimo

mimo is a decentralized exchange (DEX) with automated liquidity on IoTeX. Instead of a centralized order book, mimo utilizes liquidity pools and automated market making (AMM) algorithms to connect buyers and sellers of crypto-assets in a decentralized fashion. Mimo allows anyone to trade or provide liquidity for various pairs of assets, where those that provide liquidity for a specific pool will share the transaction fees for trading.




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