Stablecoin Information
CHFm is a CHF-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 CHFm against it.
Category:crypto-backed
Minting and Redemption
CHFm is minted by depositing collateral into a Mento CDP (trove) and borrowing CHFm against it. Repaying the borrowed CHFm closes or reduces the trove and releases the USDm collateral.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.02% | +0.05% | +0.24% | 70,816.73 | ||
| 0 | -0.05% | -4.36% | -4.36% | 22,375.41 |