Mento
Decentralized multi-currency stablecoin protocol on Celo
About
Mento is a decentralized protocol on the Celo blockchain for creating and exchanging multi-currency stablecoins. Its stablecoins, including cUSD (Celo Dollar), cEUR (Celo Euro) and cREAL (Celo Real), are overcollateralized by a diversified on-chain reserve holding assets such as CELO, BTC, ETH and others, and are minted and redeemed against the reserve via smart contracts and price oracles. Mento Labs, the developer, was founded in 2022 in Germany.
Stablecoins
Key products
Chains
- Founded
- 2022
- HQ
- Berlin, Germany
- Stage
- Protocol / DAO
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