Washington DC
New York
Toronto
Distribution: (800) 510 0384
Press ID
  • Login
Fairmont Post
No Result
View All Result
Friday, May 9, 2025
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT
No Result
View All Result
Fairmont Post
No Result
View All Result

Interest-Bearing Bonds-Backed Tokens: Generate Yield Using Tokens Backed by Sovereign Bonds

KUMA protocol by Mimo: NFTs and interest-bearing tokens backed by bonds.

Craig Richer by Craig Richer
January 13, 2023
in Blockchain
A A
KUMA protocol by Mimo: NFTs and interest-bearing tokens backed by bonds.

Decentralized Finance Innovator Mimo is launching “KUMA Protocol”: the first DeFi protocol issuing tokens backed by regulated NFTs, themselves backed by sovereign bonds. This launch comes as the FMA (Financial Market Authority Liechtenstein) has approved Mimo for providing blockchain-related services since January 2022.

KUMA tokens, built as a smart contract compatible with most blockchains, are designed to provide holders with a reliable source of passive income through the accrual of interest on their holdings.

READ ALSO

Brilliantcrypto Announces Exciting Partnership With Zealy: Pioneering the Future of Blockchain Gaming

Lattice Labs: Transforming Industries With Blockchain Innovation

KUMA Tokens are NFTs representing bonds that KUMA Generator (a decentralized product owned by KUMA DAO and governed by the MIMO tokenholders) can accept as a backing to issue KUMA Interest-Bearing Tokens, a form of synthetic stablecoins that automatically accrue interest. The balance of these tokens grows in users’ wallets without any action required, matching the interest rate paid by the bond backing them, minus commission. Apart from the interest, the tokens behave like regular stablecoins, allowing them to be integrated freely into the broader crypto ecosystem, like DeFi, GameFi, and NFTs platforms.

The launch of this protocol also has the potential to revolutionize the way bondholders receive interest. Traditional bonds typically pay out interest semi-annually, annually, or even when reaching maturation. However, because KUMA Interest-Bearing Tokens use smart contracts, interest can be paid out to holders regularly, every 4 hours by default, providing a more consistent income stream for investors while not involving any claim process.

In the background, Mimo Capital AG handles the bonds and offers simple redemption to the users. Moreover, a smart contract managed by the KUMA DAO provides infrastructure for its community to swap or roll the NFT bonds over, ensuring smooth operation when a bond reaches its maturity date or the issuing authority publishes an updated rate.

To date, a few other efforts of bond tokenization have started. However, Mimo has the advantage of being the first regulated in the European Economic Area (EEA), providing tokens allowing its users to earn interest while benefiting from the safety of their favorite custody solution and the peace of mind coming with a fully regulated product.

Furthermore, KUMA DAO’s approach naturally provides fractionalized access to the benefits of bonds, lowering the entry barrier to investment and opening the door to 24/7 settlement, trading, and global liquidity. Example applications include savings accounts, protocol treasuries, and individual wallets.

Following the tokenization of sovereign bonds, Mimo will leverage KUMA to provide other assets, such as corporate debt and funds.

So far, all of the Mimo partners, including Polygon, Fantom, Swissborg, SingularityDAO and Akt.io have indicated their intention to use KUMA.

“We are thrilled to offer our users a new way to earn passive income through tokenized bonds,” said Claude Eguienta, Founder and CEO of Mimo Capital. “With this innovative mechanism and backed by a diverse range of real-world assets, we believe that interest-bearing tokens are poised to become a leading tool in the Decentralized Finance space.”

To learn more about Mimo and the KUMA Protocol, visit mimo.capital & kuma.bond.

About Mimo

Mimo is a leading blockchain company that built a multichain DeFi protocol providing a Decentralized & Multichain Euro Stablecoin and developing Blockchain Powered Financial Products. With a focus on user-friendliness and accessibility, Mimo is committed to bringing the benefits of decentralized finance to a broader audience, including business and retail investors.

FP Newsroom

Brilliantcrypto Announces Exciting Partnership With Zealy: Pioneering the Future of Blockchain Gaming
Blockchain

Brilliantcrypto Announces Exciting Partnership With Zealy: Pioneering the Future of Blockchain Gaming

February 26, 2024
Lattice Labs: Transforming Industries With Blockchain Innovation
Blockchain

Lattice Labs: Transforming Industries With Blockchain Innovation

July 18, 2023
Edeniom, a Land Without Borders
Blockchain

Edeniom, a Land Without Borders

May 29, 2023
FormaCar Launches a GameFi Racing Ecosystem
Blockchain

FormaCar Launches a GameFi Racing Ecosystem

November 11, 2022
Imversed is Reinventing the Future of Social Media Using XR Technology
Blockchain

Imversed is Reinventing the Future of Social Media Using XR Technology

October 3, 2022
DMM's Metaverse Project Called Mid Mega City is Now Under Development Using Unreal Engine 5
Blockchain

DMM’s Metaverse Project Called Mid Mega City is Now Under Development Using Unreal Engine 5

September 12, 2022

News in Focus

Federal Law Enforcement Officers Association (FLEOA) to Participate in Police Week 2025 Events and Advocacy Efforts on Capitol Hill

Even the Helicopter Matters: Why the 1% Deserve Compassionate, Competent Mental Health Care

Jeff Hawks: Optimizing In-House Supply Chain Systems

Leading With Vision: Nicksain Kalaimathian’s Innovations in the Tech Industry

Experience Language and Culture With DIALOG Sprachreisen

Loa77: Spain’s Award-Winning Organic Extra Virgin Olive Oil Now Available in the USA

Rebuilding Self-Confidence After a Toxic Relationship: Practical Strategies for Emotional Growth

Zafir Rashid Discusses Cross-Border Partnerships and the Future of Global Investment

Jordan Richardson Palm Harbor on Driving Innovation in Primary Care Delivery

Jeffrey Laino Provides Methods for Enhancing Gaming Strategies

Isam Vaid on Shaping Future Leaders

How Primal Herbs Makes Holistic Wellness Accessible to Men

Pro Linguis Named Top Five Language Travel Agency in Western Europe, Enhancing Global Education

Diving Into Adventure: Darke Hull Highlights Must-Visit Scuba Diving Spots Around the Globe

Thomas Gratzer: Why Regular Exercise Is Essential for a Healthy Life

Harnessing Hypnotherapy to Boost Performance Confidence

Lessons in Leadership: How Boardsi Transforms Governance Challenges Into Business Strengths

The ProLift Rigging Company Explains Why Project Management is Vital in Construction

FasTrak Scam Exposes Growing Cyber Threats: Expert Daniel Tobok Explains How to Stay Safe

Chasen Nevett: A New Era in Offshore Wind and Maritime Renewable Energy

Omar Hussain Explores the Vibrant World of African Art

Explore the Corridor Week Returns to Florida State Parks in 2025

Revolutionizing Real Estate: The Power of Video Sales Letters in Today’s Competitive Market

According to the CDC, 50% – 70% of Homes in America Have Mold Problems

Keegan Glade: Showcasing the Stone Manor at the WedKC 2024 Spring/Winter Event

The ProLift Rigging Company on Microgrids: Enhancing Energy Resilience and Independence

Sarah Warren: A Determined and Lively Hiker Conquering Trails With Energy and Passion

Metropolitan Community College Partners With Upright to Launch Innovative Tech Bootcamps

Egerton Crescent Productions to Commence Principal Photography on ‘The Prince, the Sister, and the Serpent’ Next Summer

Birchard Eli Ames and the Rise of RentSpotMe: A Game-Changer in the Rental Market

  • Kia America представляет цены и захватывающие обновления для Sorento 2025 (ICE)

https://madisongraph.com/kia-america-unveils-pricing-and-exciting-updates-for-2025-sorento-ice/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Kia Recognized as One of TIME Magazine’s “World’s Most Sustainable Companies of 2024”

https://madisongraph.com/kia-recognized-as-one-of-time-magazines-worlds-most-sustainable-companies-of-2024/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • VinFast Auto Establishes Dealer Advisory Board to Enhance Customer Experience

https://madisongraph.com/vinfast-auto-establishes-dealer-advisory-board-to-enhance-customer-experience/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Medicare Announces Expansion of Coverage for Microprocessor-Controlled Knees for Lower Mobility Users

https://lincolncitizen.com/medicare-announces-expansion-of-coverage-for-microprocessor-controlled-knees-for-lower-mobility-users/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • GA-ASI Successfully Tests PT6 Engine on MQ-9B SkyGuardian Aircraft

https://lincolncitizen.com/ga-asi-successfully-tests-pt6-engine-on-mq-9b-skyguardian-aircraft/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • U.S. Leading Economic Index Declines by 0.2% in June 2024, Coincident Index Rises by 0.3%

https://fairmontpost.com/u-s-leading-economic-index-declines-by-0-2-in-june-2024-coincident-index-rises-by-0-3/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • USTDA Director Travels to Bulgaria and Romania to Promote Clean, Secure Energy

https://belmontstar.com/ustda-director-travels-to-bulgaria-and-romania-to-promote-clean-secure-energy/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Police Recommend a Hidden Camera Detector Device to Protect Privacy

https://marketsherald.com/police-recommend-a-hidden-camera-detector-device-to-protect-privacy/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost

© 2025 Fairmont Post. Published by The Ritz Herald. Editions: Markets Herald • Lincoln Citizen • Madison Graph • Belmont Star • The Hudson Weekly

Address: 1177 6th Avenue, 5th Floor, New York, NY 10036. Removals: pr@fairmontpost.com. Phone: (718) 313-5252. Mon-Fri: 9AM-5PM. Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Business • Financial
  • Culture • Entertainment
  • Lifestyle • Travel
  • Technology • Science
  • Environment • Conservation
  • FinTech • Blockchain NFT

© 2025 Fairmont Post