Mento Canadian Dollar(CADm)
Market Cap$73,003
Price$0.7
Total Circulating104,703
Stablecoin Information
CADm is a CAD-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow CADm against it.
Category:crypto-backed
Minting and RedemptionCADm is minted by depositing collateral into a Mento CDP (trove) and borrowing CADm against it. Repaying the borrowed CADm closes or reduces the trove and releases the USDm collateral.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | +14.96% | +28.09% | 104,703 |