Profile
COPm profile facts
Mento Colombian Peso (COPm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Colombian Peso.
- Collateral
- Shared Mento Reserve: current issuer configuration classifies this currency as reserve-backed, not USDm locked in a borrower-specific CDP.
- Peg mechanism
- COPm is issued and retired through Mento V2's oracle-priced USDm/COPm Broker/BiPoolManager pool. USDm-to-COPm 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.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
COPm quick answers
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What is Mento Colombian Peso (COPm)?
COPm is Mento's Colombian peso stablecoin on Celo, issued and retired through the legacy USDm FX Broker pool against the shared Mento Reserve. The static profile records its Colombian Peso peg mechanism as: COPm is issued and retired through Mento V2's oracle-priced USDm/COPm Broker/BiPoolManager pool.
Is COPm safe?
As of Nov 10, 2026, Pharos grades COPm C+ (64/100) 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 COPm?
Pharos records COPm's reserves as of Oct 27, 2026 as 29.6% AUSD (Agora Dollar), 28.1% sUSDS (Sky savings USDS), 12% USDT, and 9 smaller holdings. Reserve evidence: Real-Time PoR by Mento Reserve dashboard. Pharos classifies the backing as Crypto-Collateralized.
Can COPm 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 COPm?
Under the route Pharos reviewed on Jul 19, 2026, any holder can redeem COPm 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.
