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Jake-Man

Can some one explain why TVL in mento is about

800 million $ while cUSD marketcap is less than 100 million $? I thought they should be more or less the same because CELO locked in mento is used to mint cUSD?

#celo #cryptocurrency #english
0

6 ответов

17 просмотров
Noel | Celo | I will never PM you first-

There are other asset other than celo.

0
25.09.2021
James-Nguyen

like USD, ETH, BTC bro

0
25.09.2021
Jake-Man Автор вопроса

sorry. BTC can live on celo blockchain?

0
25.09.2021
James-Nguyen

that's wrapped BTC, transfer through bridge

0
25.09.2021
Jake-Man Автор вопроса

thanks. what's a usecase of locking your wrapped BTC in mento? all I know is Mento is used to mint stablecoins.

0
25.09.2021
James-Nguyen

as I understand. Mento is a whole ecosystem, include exchange, not just minting stablecoin. But you can wait the answer from admin, It's more accurate

0
25.09.2021

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