Stablecoin Information
GHSm is a GHS-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 GHSm against it.
Category:crypto-backed
Minting and Redemption
GHSm is minted by depositing collateral into a Mento CDP (trove) and borrowing GHSm against it. Repaying the borrowed GHSm closes or reduces the trove and releases the USDm collateral.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.22% | -0.25% | -0.50% | 276,045.38 |