Mento Labs marked its second anniversary 🎂
Right from the start, the goal has been to create innovative local currency stablecoin solutions for users who don't have traditional financial resources available.
Here are just some of the many goals we crushed this year:
🔹 Earlier this year, $cKES and $PUSO stablecoins launched on the Mento Platform. Two more are coming: cCOP (Colombian Peso) and cGHS (Ghanaian Cedi).
🔹 Mento's $cUSD has reached 3 million holders, and @MiniPay surpassed 3.5 million users across Africa.
🔹 $cUSD reached over 850,000 active addresses in the past month, making Mento the second most-used stablecoin platform globally.
🔹 The Mento dApp was officially launched on @minipay allowing users to interact with the Mento ecosystem directly.
🔹 MENTO token rewards and cUSD campaigns rewarded Mento community.
🔹 The Mento Labs website is now looking better than ever before with a fresh revamp.
As 2025 approaches, Mento plans on:
🔹 Running more pilot programs and expanding use cases of Mento's decentralized stablecoins
🔹 Deepening community engagement through the Mento governance and developing user activation campaigns
🔹 Launching additional local currency stablecoins on Mento across the globe
We 💚💙💛 this initiative and will follow @minipay's lead by matching every retweet of this tweet with a 1 cUSD donation, up to $500 paid to @CodeYetu. Use @pretium_app in MiniPay to donate & support kids learning code in Kenya today!
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UBE V3 farms are now live! 🥳🥳
We initially kicked off the UBE-CELO farm and it is providing 5900+% APR 🚀🌕
More farms will follow soon 🤩
We invite all @Celo ecosystem partners to create farms on Ubeswap and join in on the action!!
#defi#stablecoinsummer#celo#ubeswap #V3farms
We are really excited to share that we will be building the future of DeFi together with @MentoLabs to bring decentralized local currency stablecoins to the masses! 🚀✨
Having worked with Mento, we have added several pools over the years. Ever used C-stables or Celo-related pools on Ubeswap? We have good news for you! 🎉 Check your eligibility for the $MENTO airdrop at https://t.co/jLBRzxEvjk and follow @MentoLabs for the latest updates. 🔔
We are looking forward to a bright future with the Mento Platform and the MENTO governance token. 🌟
The $MENTO token will grow the Mento ecosystem through:
🔹 Tailoring governance for the Mento Platform
🔹 Granting voting power to stakeholders
🔹 Ensuring wide & diverse stakeholder participation
🔹 Represent the different perspectives within the Mento community
Who’s hyped for the 1st $MENTO token airdrop? 🌐
The Mento Governance Token is live!
With the introduction of the MENTO token, it's time to bring local currency stablecoins to the masses...
Like, RT, & reply “MENTO” to get a secret code in your DM 👀
How to qualify 👇
Remember to bookmark this post for future reference ⤴️
This 🧵 will go into the details of:
🔹 Mento's Mission
🔹 Purpose of the MENTO Token
🔹 Establishment of the Mento Governance
🔹 Mento's Vision for the Future
🔹 $MENTO "Episode 1" Claim
🔹 "Episode 2" Instructions
What is Mento's vision for global adoption?
Mento is set to launch & operate decentralized stablecoins combined with a highly efficient virtual AMM trading infrastructure.
Mento enables real-world use cases for savings, microlending, payments, FX trading, hedging & more!