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SiteContest        PotSlocStartsEndsDescription
CantinaMento-V3Solidity
$60,000 USDC
N/A
Mento V3 is an evolution of the Mento Protocol, transitioning from a Reserve-backed stablecoin and swap protocol to a CDP-backed decentralized Foreign Exchange (FX) protocol. V3 enables fixed-price stablecoin swaps through a novel type of market maker contract, the FPMM (Fixed Price Market Maker), liquidity management through rebalancing strategies, and user-driven stablecoin minting through CDPs. The CDP system is based on an official Liquity v2 fork and has been upgraded to integrate seamlessly into the Mento Protocol.