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% | -0.47% | +0.01% | -5.22% | 13.39m | ||
| 0.00% | -0.22% | -0.10% | +14.56% | 2.78m | ||
| 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 |