Mento is a key piece of infrastructure within the Celo blockchain ecosystem, originally developed to maintain the stability of Celo's native stablecoins (e.g., cUSD, cEUR). It functions as an automated market maker (AMM) that facilitates the creation and redemption of these stable assets by enabling swaps between them and Celo's native gas token (CELO). The protocol is governed by the MENTO token holders, and its ongoing development is led by Mento Labs, an independent entity dedicated to building transparent and accessible financial tools for the decentralized economy.

Founded in

Chile