Mento Brazilian Real (BRLm) stablecoin analytics
BRLm is Mento's reserve-backed Brazilian real stablecoin on Celo, issued and retired through the oracle-priced USDm/BRLm Broker pool.
Static Profile
Static stablecoin profile
Mento Brazilian Real (BRLm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Brazilian Real.
AI summary / Updated May 15, 2026
BRLm is Mento's oracle-priced Brazilian real on Celo, exchanged through FPMM swap routes against the diversified overcollateralized Mento reserve mix. BRLm expands Mento coverage into Brazilian real-denominated settlement on Celo. Unlike the existing Mento CDP rows, this entry...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Shared Mento Reserve: Mento's current analytics configuration classifies BRLm as reserve-backed rather than CDP-backed. Its backing is the protocol's diversified, dynamically managed reserve, not USDm locked in a BRLm-specific trove.
- Peg Mechanism
- BRLm is issued through Mento v2's USDm/BRLm Broker and BiPoolManager exchange. A USDm-to-BRLm swap burns incoming USDm and mints outgoing BRLm; the reverse burns BRLm and mints USDm. The constant-sum virtual pool prices swaps from the BRL/USD SortedOracles feed and applies spread, trading-limit, report-count, freshness, and BreakerBox checks.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Mento Reserve dashboard Reserve source
- Contracts
- 1 deployment tracked across Celo.
Snippet Answer
Is BRLm safe?
Pharos does not mark BRLm as absolutely safe. Static metadata says Mento Brazilian Real uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety brlm-mento
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
BRLm quick answers
What is Mento Brazilian Real (BRLm)?
BRLm is Mento's reserve-backed Brazilian real stablecoin on Celo, issued and retired through the oracle-priced USDm/BRLm Broker pool. The static profile records its Brazilian Real peg mechanism as: BRLm is issued through Mento v2's USDm/BRLm Broker and BiPoolManager exchange. A USDm-to-BRLm swap burns incoming USDm and mints outgoing BRLm; the reverse burns BRLm and mints USDm. The constant-sum virtual pool prices swaps from the...
Is BRLm safe?
Pharos does not mark BRLm as absolutely safe. Static metadata says Mento Brazilian Real uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs BRLm?
Pharos classifies BRLm backing as Crypto-Collateralized. Collateral, per the static profile: Shared Mento Reserve: Mento's current analytics configuration classifies BRLm as reserve-backed rather than CDP-backed. Its backing is the protocol's diversified, dynamically managed reserve, not USDm locked in a BRLm-specific trove. Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can BRLm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for BRLm, when applicable, appear in the dossier below.