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CHFm profile facts

Mento Swiss Franc (CHFm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Swiss Franc.

Collateral
Mento CDP debt backed by USDm collateral, with live collateral and debt rows exposed by the Mento reserve dashboard API
Peg mechanism
CDP-backed Mento FX stablecoin: borrowers mint CHFm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system
Jurisdiction
Not disclosed in the static profile.
Proof of reserves
Real-Time PoR by Mento Reserve dashboard Reserve source
Contracts
2 deployments tracked across Celo and Monad.

Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.

CHFm quick answers

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What is Mento Swiss Franc (CHFm)?

CHFm is Mento's CDP-backed Swiss franc stablecoin on Celo, minted by borrowers against USDm collateral inside the Mento system. The static profile records its Swiss Franc peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint CHFm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system.

Is CHFm safe?

As of Nov 8, 2026, Pharos grades CHFm C- (54/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and any holder can use its reviewed redemption route. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

What backs CHFm?

Pharos records CHFm's reserves as of Oct 3, 2026 as 100% USDm (Mento Dollar) CDP collateral. Reserve evidence: Real-Time PoR by Mento Reserve dashboard. Pharos classifies the backing as Crypto-Collateralized.

Can CHFm be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.

How do you redeem CHFm?

Under the route Pharos reviewed on Jul 19, 2026, any holder can redeem CHFm for USDm. Redemption settles atomically on-chain. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.