Stablecoin information
CHFm is a CHF-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 CHFm against it.
Category:crypto-backed
Minting and Redemption
CHFm is minted by depositing collateral into a Mento CDP (trove) and borrowing CHFm against it. Repaying the borrowed CHFm closes or reduces the trove and releases the USDm collateral.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.00% | +0.04% | +0.24% | 52,057.51 | ||
| 0.00% | +0.00% | +0.00% | +17.01% | 22,011.47 |