March 2025 Recap:
- MIMO Token Upgrade:
- We published PIP-45 l Introducing PRL, the MIMO Token Upgrade on the governance forum. The proposal is expected to go on Snapshot for vote in the coming days.
- Parallel Tokenomics Update:
- We published PIP-46 l Introducing Parallel Tokenomics v2.0 on the governance forum. The proposal is expected to go on Snapshot for vote in the coming days.
- Parallel V3:
- V3 is under active develompment. We are still confident in our ability to release a V3 Minimum Viable Product (MVP) during Q2 2025:
- Smart Contracts: Completed. Audit expected to be finished by end of month. Formal verification of critical part of the codebase also started on March 31st for a 4-week period
- Backend: Work in Progress
- Frontend: MVP currently being implemented
- Design: Design of MVP completed in February, whole dApp design currently being made
- V3 is under active develompment. We are still confident in our ability to release a V3 Minimum Viable Product (MVP) during Q2 2025:
- Parallel Soft Visual Rebranding & Landing Page:
- Cooper Labs has engaged MOM, a web3 design & development agency to work on the soft visual rebranding:
- Soft Visual Rebranding: Completed, to be posted on the forum in the coming days
- Landing Page Design: Completed, to be posted on the forum in the coming days
- Cooper Labs has engaged MOM, a web3 design & development agency to work on the soft visual rebranding: