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Mimicry Protocol

  • NFTFi
  • NFT Derivatives
  • NFT Oracle
  • NFT
Established Year
2022
Operating Status
Active
Ecosystem
Polygon
Mimicry is a decentralized derivatives protocol for NFT collections. Mimics are fully-collateralized derivative tokens on Polygon, leveraging oracles to mirror the appraised price of NFT collections. Anyone can mint new Mimics using the Mimicry platform, which is collateralized by ERC-20 tokens. Network participants can collateralize their positions using the Mimicry Network Token ($MIME) to receive rewards.