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Getting Mento stables

One way to use Mento V3 is to obtain Mento stablecoins: USDm (Mento Dollar), EURm (Mento Euro), GBPm (Mento Pound), and others. This page lists the main paths. It assumes you know what Mento V3 is from Overview.


What are Mento stablecoins?

Mento stablecoins are assets that aim to track a fiat currency (e.g. USD, EUR, GBP). They are one use case of the Mento V3 DEX: many FPMM pools pair a Mento stable (e.g. USDm) with an external stable (e.g. USDC, USDT) or with another asset. You can get Mento stables by swapping in those pools (at the oracle rate) or by borrowing (e.g. GBPm via a CDP). You do not need prior knowledge of “minting” or “reserves”; the main user-facing actions are swap and borrow.


Paths to get Mento stables

Path When to use it Where
Mento app (swap) You have USDC, USDT, EUROC, or another supported token and want USDm, EURm, etc. app.mento.org — connect wallet, choose pair, swap at oracle rate.
Mento app (borrow) You want to borrow a Mento stable (e.g. GBPm) against collateral. app.mento.org — CDP / borrow flow.
On Celo You are on Celo and want to swap or add liquidity on Celo. Same app; select Celo network. See On Celo for Celo-specific notes.
On mobile You prefer a mobile wallet or app. See On mobile.
From another chain You hold assets on another chain and want Mento stables. Bridge to a chain where Mento V3 is deployed, then use the app or a DEX there. See From other chains.
Via centralized exchanges (CEX) You want to buy/sell Mento stables on a CEX. See Via centralized exchanges. Check whether USDm, EURm, GBPm are listed and on which networks.
On-ramp providers You want to buy crypto with fiat (card/bank) into your wallet. See On-ramp providers.

Recommended starting point

For most users, the simplest path is:

  1. Go to app.mento.org.
  2. Connect your wallet on a supported chain (e.g. Celo).
  3. To get USDm or EURm: choose the pair (e.g. USDC ↔ USDm) and swap at the oracle rate.
  4. To get GBPm (or other CDP-backed stables): use the borrow flow (collateralize and borrow).

For swap and liquidity in general (not only “getting stables”), see Swap & liquidity (FPMM operations).


Next steps