After researching #Mento , I believe it is a key player in on-chain foreign exchange.
The traditional foreign exchange daily trading volume is 7.5 trillion, but it is limited by time, slow settlement, and opaque transaction fees, while on-chain solutions are too fragmented.
$MENTO brings foreign exchange on-chain, offering 24/7 zero slippage trading, using fixed-price market makers + oracle to solve pricing transparency issues, and cross-chain liquidity pools connecting mainstream chains.
Currently, there are 15 types of stablecoins, covering G7 and emerging markets, and partnering with MiniPay brings 8 million+ users, 700 million transactions, and 15 billion in settlement volume. In Q2, 7 new stablecoins will be added, with May's trading volume at 6 billion and 200 million transactions.
Furthermore, #Mento has received investments from Hashkey and NLH, showcasing NLH's unique vision.
The product is mature, expectations for major exchanges are high, the governance token logic is clear, and subsequent upgrades are highly anticipated.
$MENTO