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% | -0.85% | -1.30% | -3.35% | 13.45m | ||
| 0.00% | +5.34% | +4.89% | -4.65% | 2.37m | ||
| 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 |