Stability Mechanism

Find updated information on Celo’s Stability Protocol at mento.org.

Overview of the Celo protocol’s Stability Mechanisms.

As of block height 31,056,500 (March 26, 2025, 3:00 AM UTC), Celo is no longer a standalone Layer 1 blockchain—it is now an Ethereum Layer 2! Some documentation may be outdated as updates are in progress. If you encounter issues, please file a bug report.

For the most up-to-date information, refer to our Celo L2 documentation.

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Stability of Mento Stablecoin Protocol

The Celo protocol’s stability mechanism comprises the following:

• Stability Algorithm (Mento)
• Granda Mento
• Oracles
• Stability Fees
• Adding Stable Tokens