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 Redemption
CADm 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 | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.03% | -0.18% | +0.55% | 971.27 |