Mento Ghanaian Cedi (GHSm) stablecoin analytics
Answer First
What is Mento Ghanaian Cedi (GHSm)?
GHSm is Mento's Ghanaian cedi stablecoin on Celo, issued and retired through the legacy USDm FX Broker pool against the shared Mento Reserve. The static profile records its Ghanaian Cedi peg mechanism as: GHSm is issued and retired through Mento V2's oracle-priced USDm/GHSm Broker/BiPoolManager pool.
Is GHSm safe?
GHSm holds a C Safety Score grade (59/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Mento Ghanaian Cedi 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.
Static Profile
Static stablecoin profile
Mento Ghanaian Cedi (GHSm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Ghanaian Cedi.
AI summary / Updated Sep 7, 2026
GHSm is Mento's Ghanaian cedi stablecoin on Celo, swapped into and out of existence through Mento's broker pool against USDm and backed by the shared Mento Reserve, a mixed basket of tracked stablecoins such as AUSD, sUSDS, USDT, and EURC alongside CELO and staked ETH. GHS does not yet have a dedicated Pharos peg category, so like KESm and COPm the token is grouped under OTHER.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Mento MGP-18 V2 deprecation proposal and Mento Reserve dashboard
- Collateral
- Shared Mento Reserve: current issuer configuration classifies this currency as reserve-backed, not USDm locked in a borrower-specific CDP.
- Peg Mechanism
- GHSm is issued and retired through Mento V2's oracle-priced USDm/GHSm Broker/BiPoolManager pool. USDm-to-GHSm swaps burn incoming USDm and mint the FX token; reverse swaps burn the FX token and mint USDm, subject to the configured oracle, spread, trading limits, and breaker 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety ghsm-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 Sep 7, 2026.
GHSm quick answers
What is Mento Ghanaian Cedi (GHSm)?
GHSm is Mento's Ghanaian cedi stablecoin on Celo, issued and retired through the legacy USDm FX Broker pool against the shared Mento Reserve. The static profile records its Ghanaian Cedi peg mechanism as: GHSm is issued and retired through Mento V2's oracle-priced USDm/GHSm Broker/BiPoolManager pool.
Is GHSm safe?
GHSm holds a C Safety Score grade (59/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Mento Ghanaian Cedi 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 GHSm?
Pharos classifies GHSm backing as Crypto-Collateralized. Collateral, per the static profile: Shared Mento Reserve: current issuer configuration classifies this currency as reserve-backed, not USDm locked in a borrower-specific CDP. Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can GHSm 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 GHSm, when applicable, appear in the dossier below.
