Mento

Mento is a transparent and decentralized EVM protocol on the Celo blockchain that enables users to build, operate, and launch stable currencies that track the value of fiat currency, such as stablecoins. With audited smart contracts, Mento enables transparency, decentralization, and capital efficiency, making it the most robust on-chain solution available.

‍

Mento is not just a Stablecoin project, but an open infrastructure platform reshaping the way digital assets are issued and exchanged. The protocol ensures:

‍

Stability:

Mento allows users to create fiat-pegged stablecoins. Users can adjust the supply of stable assets by using or exchanging reserves of crypto assets, thus stabilizing stablecoins.

‍

Virtual Automated Market Maker (vAMM):

Supports automatic exchanges between stablecoins and cross-currency trading, maintaining pegged price stability;

‍

Governance Participation:

Holders of CELO and the community can help shape Mento’s development through on-chain governance and proposals

‍

Multi-Currency Support:

Supports not just USD-pegged tokens but also stablecoins pegged to the Euro (cEUR) and Brazilian Real (cREAL), enabling localized adoption.

‍

Reserve-Backed Stability:

All Mento stablecoins are overcollateralized by a reserve that includes crypto assets like CELO, BTC, ETH, and other stablecoins, ensuring price stability.

‍

By integrating the stability of Stablecoins, the flexibility of native assets, and the strength of the Web3 community, Mento provides millions with access to secure, transparent, and user-friendly financial services.

‍

Mento currently supports 15+ tokens, including MENTO and ERC-20 stablecoins such as cUSD, cEUR, and cREAL.

‍