Profile
GBPm profile facts
Mento British Pound (GBPm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg British Pound.
- Collateral
- Mento's CDP architecture uses USDm as the collateral asset for GBPm; the public reserve API is a portfolio view rather than an exhaustive borrower-position inventory
- Peg mechanism
- CDP-backed Mento FX stablecoin: borrowers mint GBPm 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
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
GBPm quick answers
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What is Mento British Pound (GBPm)?
GBPm is Mento's British pound stablecoin on Celo, minted from CDPs collateralized by USDm with oracle-priced redemption and reserve transparency. The static profile records its British Pound peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint GBPm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system.
Is GBPm safe?
As of Nov 8, 2026, Pharos grades GBPm C+ (62/100) 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 GBPm?
Pharos records GBPm's reserves as of Oct 27, 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 GBPm 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 GBPm?
Under the route Pharos reviewed on Jul 9, 2026, any holder can redeem GBPm 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.
