Mento Colombian Peso(COPm)
Market Cap$32,203
Price-
Total Circulating110.76m
Stablecoin Information
COPm is a COP-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 COPm against it.
Category:crypto-backed
Minting and RedemptionCOPm is minted by depositing collateral into a Mento CDP (trove) and borrowing COPm against it. Repaying the borrowed COPm closes or reduces the trove and releases the USDm collateral.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -0.05% | -0.37% | -44.59% | 110.76m |