DeFi
Homebase:
Berlin
,
Germany
Team size:
11-20
Established:
2021
Token:
MENTO
Description:
The Mento Asset Exchange transforms how the world trades currencies, giving users fast, and direct access to +15 major global and local stablecoins, all without traditional liquidity barriers. Built on a highly efficient virtual Automated Market Maker (vAMM) and powered by the Mento Reserve's dynamic mint/burn model, Mento delivers scalable access to global FX markets, without centralized intermediaries.
Celo impact:
Mento is the largest and most used protocol on Celo, home to over $20m in stablecoins and over $65m in reserve assets.
Milestones
1.
Launched 15 different stablecoins ranging from cREAL (Brasil), to cGBP (British Pound)
2.
3.
4.