Mento

Status

Volume data is untracked

This project is featured as an 'Untracked Listing'

For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)

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O Mento

Mento is an automated market maker (AMM) type of decentralized exchange that’s native to the Celo platform. It’s responsible for helping the Celo Dollar (cUSD) maintain its peg to the USD. When demand for the stablecoin increases the Celo protocol mints cUSD and ‘sells’ them for CELO (Celo’s native asset) via Mento. The CELO assets are used as cUSD collateral and are stored in the Celo reserve. This all happens on-chain. If demand for cUSD decreases then the reverse process happens. Mento arbitrage opportunities arise in cases where there’s cUSD/USD depeg. This incentive for traders should help restore the cUSD/USD peg.

More info here: https://medium.com/celoorg/zooming-in-on-the-celo-expansion-contraction-mechanism-446ca7abe4f

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Trhy

Pár

Vše

#	Měna	Pár	Cena	+2% Hloubka	-2% Hloubka	Objem	Volume %	Aktualizováno
1	Celo	CELO/CUSD	*** Kč10.55	Kč8,407.44	-	*** Kč16,164	100.00%	Nedávno

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*** Cena / objem vyloučeny – zjištěna odlehlá hodnota