Mimicry Protocol
Decentralized derivatives protocol for NFT collections
Categories:
NFTFi
NFT Derivatives
NFT
NFT Oracle
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.