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:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | <0.0001% | -0.35% | -0.97% | 273,647.1 |