Profile
JPYm profile facts
Mento Japanese Yen (JPYm) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Japanese Yen.
- 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 JPYm 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.
JPYm quick answers
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What is Mento Japanese Yen (JPYm)?
JPYm is Mento's CDP-backed yen stablecoin, minted against USDm collateral via the Mento FX system on Celo with on-chain reserve and oracle pricing. The static profile records its Japanese Yen peg mechanism as: CDP-backed Mento FX stablecoin: borrowers mint JPYm against USDm collateral, while repayment/redemption mechanics and oracle pricing route value back through the Mento system.
Is JPYm safe?
As of Nov 8, 2026, Pharos grades JPYm C (55/100) 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 JPYm?
Pharos records JPYm's reserves in its review of Oct 9, 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 JPYm 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 JPYm?
Under the route Pharos reviewed on Jul 19, 2026, any holder can redeem JPYm 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.
