 | Mento (MENTO) Mento is a decentralized and transparent protocol that enables the creation of stable value digital assets, such as assets that track the value of fiat currencies (commonly referred to as “stablecoins”). Funding Round: $10 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Mento
Mento is a decentralized and transparent protocol that enables the creation of stable value digital assets.
The goal of Mento is to support the real-world adoption of digital currencies by enabling the creation of stable value assets for users around the world. Mento is currently live on the Celo blockchain, supporting various stablecoins including the Celo Dollar (cUSD), Euro (cEUR), Brazilian Real (cReal), CFA Franc (eXOF), Celo Kenyan Shilling (cKES), and Puso (PUSO). All Mento assets are fully collateralized with a diversified portfolio of exogenous crypto assets.
The Mento protocol aims to provide a solution: A multi-currency stable asset ecosystem to enable real-world usability.
Mento Labs is a digital asset solutions company based in Berlin with a team of economists, engineers, and Web3 experts dedicated to the development of the open protocol Mento. Mento Labs also helps to design sustainable assets for partners, from settlement currencies over incentive tokens to stable assets.
DetailsToken supply: 1,000,000,000 MENTORaised: 10,000,000 USD LegalBlockchain Platform: CeloRegistration country: Germany Registration year: 2022 Office address: Glogauerstraße 6 10999 Berlin, Germany | Token infoTicker: MENTOType: Utility-token Token standard: ERC-20 Token distribution: 45% - Community Treasury 30% - Mateo Labs Team, Investors, Future Hires, and Advisors 10 - Liquidity Support 5% - Airdrop to Celo and Mento Stable Assets Users 5% - Airdropto Celo Community Treasury 5% - Reserve Safety Fund |
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