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% | +0.08% | +0.24% | 70,938.97 | ||
| 0 | +0.00% | +38.04% | -26.94% | 17,092.39 |