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% | +0.04% | -0.28% | -0.89% | 273,746.33 |