Stablecoin Information
Mento Dollars (USDm) are stablecoins that follow the US Dollar and are backed by Mento's Reserve system. The Mento Reserve is diversified portfolio of crypto assets.
Category:algorithmic
Minting and Redemption
USDm is backed by fiat-backed stablecoins held in the Mento Reserve. Minting and redemption occur through oracle-priced Fixed-Price Market Maker (FPMM) pools.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.05% | +0.17% | +2.44% | 14.18m | ||
| 0.00% | +1.52% | -2.56% | +2.21% | 2.34m | ||
| 100% | +0.00% | +0.00% | +0.00% | 159,734.44 | ||
| Allbridge | 100% | +0.00% | +0.00% | +0.00% | 28,172.34 | |
| Orbit Bridge | 100% | -8.00% | -8.00% | -8.00% | 5.52 |