Mento Euro (EURm) stablecoin analytics
Answer First
What is Mento Euro (EURm)?
EURm is Mento's oracle-priced euro stablecoin on Celo, mint and redeem through the Mento reserve backed by a diversified crypto and stablecoin basket. The static profile records its Euro peg mechanism as: Mento V3 reserve-backed FX model: EURm is minted and redeemed against the shared Mento Reserve through Fixed-Price Market Maker (FPMM) pools that quote a Chainlink EUR oracle rate rather than deriving price from pool reserves, with on-chain trading limits and circuit breakers halting trade when the oracle is stale or off-peg.
Is EURm safe?
Pharos does not assess EURm as safe: it holds an F Safety Score grade (36/100) in the latest published rating, which flags significant structural risk. Static metadata says Mento Euro uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Mento Euro (EURm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Euro.
AI summary / Updated Sep 7, 2026
EURm, formerly cEUR, is Mento's oracle-priced euro stablecoin on Celo, minted and redeemed against the shared Mento Reserve through Fixed-Price Market Maker pools that quote a Chainlink EUR rate rather than deriving price from pool depth, with circuit breakers halting trade when the feed is stale or off-peg.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Mento V3 launch and Mento V3 stable token docs
- Collateral
- Mento Reserve holding sUSDS, AUSD, CELO, USDC, EURC, USDT, axlEUROC, and stETH; overcollateralized with a stable-asset backing mandate.
- Peg Mechanism
- Mento V3 reserve-backed FX model: EURm is minted and redeemed against the shared Mento Reserve through Fixed-Price Market Maker (FPMM) pools that quote a Chainlink EUR oracle rate rather than deriving price from pool reserves, with on-chain trading limits and circuit breakers halting trade when the oracle is stale or off-peg.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Mento Reserve dashboard Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety ceur-celo
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 Sep 7, 2026.
EURm quick answers
What is Mento Euro (EURm)?
EURm is Mento's oracle-priced euro stablecoin on Celo, mint and redeem through the Mento reserve backed by a diversified crypto and stablecoin basket. The static profile records its Euro peg mechanism as: Mento V3 reserve-backed FX model: EURm is minted and redeemed against the shared Mento Reserve through Fixed-Price Market Maker (FPMM) pools that quote a Chainlink EUR oracle rate rather than deriving price from pool reserves, with on-chain trading limits and circuit breakers halting trade when the oracle is stale or off-peg.
Is EURm safe?
Pharos does not assess EURm as safe: it holds an F Safety Score grade (36/100) in the latest published rating, which flags significant structural risk. Static metadata says Mento Euro uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs EURm?
Pharos classifies EURm backing as Crypto-Collateralized. Collateral, per the static profile: Mento Reserve holding sUSDS, AUSD, CELO, USDC, EURC, USDT, axlEUROC, and stETH; overcollateralized with a stable-asset backing mandate. Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can EURm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for EURm, when applicable, appear in the dossier below.
