This proposal outlines the final steps for the launch of the cGBP, cAUD, cZAR & cCAD stablecoins.
The proposal includes transactions that when executed will do the following:
For a detailed explanation of the transactions involved in this process, please refer to the following forum post.
Pleae refer to the forum post for a detailed description of the proposed changes.
Please refer to the forum post for a detailed description of verification steps.
There are some risk factors to take into account when launching new stablecoin:
In conjunction with the Mento team the contract changes have been thoroughly tested, in addition to putting tight limits and circuit breakers during the initial launch phase to protect the Mento Reserve and holders of the new stable coins.