Mento Ghanaian Cedi (GHSm) stablecoin analytics
Answer First
What is Mento Ghanaian Cedi (GHSm)?
GHSm is Mento's Ghanaian cedi stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork). The static profile records its Ghanaian Cedi peg mechanism as: Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing GHSm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the GHSm peg, with circuit...
Is GHSm safe?
GHSm holds a C+ Safety Score grade (64/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Mento Ghanaian Cedi uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Mento Ghanaian Cedi (GHSm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Ghanaian Cedi.
AI summary / Updated Sep 7, 2026
GHSm is Mento's Ghanaian cedi stablecoin on Celo, swapped into and out of existence through Mento's broker pool against USDm and backed by the shared Mento Reserve, a mixed basket of tracked stablecoins such as AUSD, sUSDS, USDT, and EURC alongside CELO and staked ETH. GHS does not yet have a dedicated Pharos peg category, so like KESm and COPm the token is grouped under OTHER. What the card shows is a reserve-backed FX stable whose exit pillar leads, with permissionless swaps back to USDm through the broker...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Mento MGP-18 V2 deprecation proposal and Mento Reserve dashboard
- Collateral
- Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard).
- Peg Mechanism
- Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing GHSm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the GHSm peg, with circuit breakers and Mento reserve transparency on the upstream USDm leg.
- 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety ghsm-mento
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
GHSm quick answers
What is Mento Ghanaian Cedi (GHSm)?
GHSm is Mento's Ghanaian cedi stablecoin on Celo, minted CDP-style against USDm collateral (Mento V3, a Liquity v2 fork). The static profile records its Ghanaian Cedi peg mechanism as: Mento V3 oracle-priced FX stablecoin minted by depositing USDm as CDP collateral and borrowing GHSm against it; user-set interest rates, Stability Pool liquidations, and Liquity-style redemptions support the GHSm peg, with circuit...
Is GHSm safe?
GHSm holds a C+ Safety Score grade (64/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Mento Ghanaian Cedi uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with Real-Time PoR from Mento Reserve dashboard; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs GHSm?
Pharos classifies GHSm backing as Crypto-Collateralized. Collateral, per the static profile: Mento V3 Liquity-v2-style CDPs collateralized by USDm; USDm in turn is backed by the diversified Mento Reserve mix (sUSDS, CELO, EURC, USDC, USDT, axlEUROC, stETH, and smaller positions exposed via the Mento reserve dashboard). Reserve evidence: Real-Time PoR from Mento Reserve dashboard.
Can GHSm be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for GHSm, when applicable, appear in the dossier below.
