Mento

Verified
Regenerative

Mento is a decentralized and transparent protocol that enables the creation of stable value digital assets.

Organization
Stable Protocol
Homebase
Berlin
Germany
Established
2022
Team size
21-50
Last updated
Jul 3, 2024
Description

Mento is a protocol that enables the adoption of digital currencies worldwide, aiming to provide a stable asset for every country. With a goal of onboarding a billion web3 users, Mento is creating a new, accessible future for digital currencies.

Value Proposition

Mento enables the creation of stable value digital assets, like stablecoins, to support the adoption of digital currencies worldwide. It aims to provide a stable store and transfer of value for fast, secure, and low-cost transactions, enhancing Web3's economic infrastructure with a diverse stable asset ecosystem for real-world usability.

Milestones
  • Launching multiple stablecoins: Mento have successfully launched four fully decentralized Mento stablecoins on Celo: cUSD, cEUR, cREAL, and eXOF.

  • Mento working with Curve: Mento have collaborated with Curve Finance to create a 20M Curve pool and submitted four critical protocol upgrades as part of Mento V2's rollout.

  • The launch of Stablecoin Factory: Mento also unveiled the roadmap for the Stablecoin Factory, aimed at facilitating the launch of new decentralized stablecoins​

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