Mento Dollar token
Overview
The Mento Dollar (USDm) is a decentralized stablecoin native to the Celo blockchain, issued by the Mento protocol. Its value is fixed to the US dollar and it maintains this peg through a diversified, over-collateralized reserve of on-chain assets. Within the Celo ecosystem, the token is employed mainly for transactions, as a store of value, and as a reliable unit of exchange.
Within The Counterparty graph, Mento Dollar connects to 8 tracked entities, most strongly to Ethereum, Solana, Monad.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 8 of 8 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Solana | 95% |
deployed_on | Monad | 95% |
deployed_on | Celo | 95% |
deployed_on | Kaia | 95% |
issued_by | Mento Labs | 95% |
backed_by | Celo Native | 90% |
backed_by | Reserve Basket | 90% |
Frequently asked questions
What is Mento Dollar?
Mento Dollar is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 8 other tracked entities, most strongly to Ethereum, Solana, Monad.
What type of entity is Mento Dollar?
Mento Dollar is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is Mento Dollar connected to?
In The Counterparty knowledge graph, Mento Dollar is linked to 8 other tracked entities, most strongly to Ethereum, Solana, Monad.