Mento Labs
Overview
What is Mento Labs?
Mento Labs builds multi-currency stablecoin infrastructure for the Celo ecosystem, issuing cUSD, cEUR, cREAL, and cKES with a decentralized FX trading platform.
How does Mento Labs work?
Mento maintains the exchange mechanism on Celo that issues local-currency stablecoins (cUSD, cEUR, cBRL, cKES) backed by a diversified on-chain reserve, earning revenue through trading spreads on minting and redemption.
Who governs Mento Labs?
Mento Labs is a team of economists and engineers spun out of the core Celo development team, led by CEO Markus Franke.
No business model data available
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