MIDO Finance Whitepaper

Introduction

MIDO Finance is a liquid staking platform where users receive miSOL (wrapped SOL) equivalent to their staked SOL. The staked SOL is invested in climate projects, and users are incentivized with points and $MIDO tokens based on their staked amounts and the performance of climate projects.

What is Regenerative Finance (ReFi)?

ReFi is an alternative financial system aimed at improving social, environmental, and financial stability. It's a movement that seeks to mitigate climate change and improve equality using blockchain and DeFi to help reverse the effects of industrialization and systemic financial imbalance.

MIDO LIQUID STAKE

Mido Stake allows users to stake Solana, earn staking yield in Mido points, and receive 1:1 wrapped SOL in return. The Mido points act as loyalty points used to incentivize users with native $MIDO Token airdrops.

  • Users get incentivized with $MIDO tokens while passively investing in Green projects.
  • Receive an equivalent amount of miSOL (green SOL) directly into your wallet.
  • Use miSOL within the Solana ecosystem and unwrap it any time.

Key Features

Investment Flexibility

Manage investments and maintain self-custody to retain SOL at any time.

Passive Income

Earn by staking MIDO tokens and participating in liquidity pools.

Exit Options

Burn or swap $MIDO tokens for other tokens on our platform.

User Protection

Best DeFi UX ensuring user safety and ease of use.

GREEN INDEX

MIDO Finance introduces GREEN INDEX, a standardized impact measurement framework for all projects. It comprises components such as DeFi, NFT, green bonds, RWA, solar plants, MNCs, cash crops based companies, IPOs, wind energy sector, EV sector, and flat coins in a fixed pivot ratio.

  • Clearly Defined Metrics: Establishing specific metrics for various types of projects
  • Analytics: Implementing quarterly updates to keep users informed about project progress and impact

Revenue Generation Model

Transaction Fees

A small fee charged on platform transactions to support operations.

Token Swap Revenue

Revenue generated from token swaps on the platform.

Governance

Users holding $MIDO tokens have governance rights. These rights allow them to vote on project proposals, updates to the platform, and strategic decisions that impact MIDO Finance.

Roadmap

Q1 2024: Launch MIDO Staking

Launch of MIDO staking platform with initial SOL staking options.

Q2 2024: Integration with Solar Energy Projects

Partner with solar energy projects for staking rewards in green bonds.

Q3 2024: Introduction of $MIDO Tokens

Launch of $MIDO tokens and integration into governance and rewards.

Q4 2024: Expansion of Green Project Partnerships

Partnerships with additional green energy projects and renewable initiatives.

Original Whitepaper

You can access the original whitepaper for MIDO Finance by clicking the link below:

Read the Original Whitepaper