Mento Magazine Q3 2024

GMento and welcome to the latest edition of Mento Magazine!

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Stablecoin Summer and Q3 has been a busy time for the Mento Labs, with exciting milestones achieved! 🎉 Stablecoin adoption is accelerating across the Mento ecosystem.

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We are grateful for the incredible support of our partners in driving real-world use cases of digital assets!

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See the recent tweet from Vitalik about stablecoins on Celo.

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Mento Labs’ team is also working on MENTO Airdrop "Episode 2," aiming to reward additional supporters who wish to actively contribute to the Mento Community and shape the future of the Mento Platform.

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July News and Events

News: The Mento dApp has been launched within the MiniPay ecosystem. The Mento dApp enables MiniPay users to interact with the Mento Platform. Users can also earn cUSD and MENTO token rewards for saving and transacting in their cUSD Pocket until Oct 1st. ⏳ Mento’s highly efficient AMM infrastructure is integrated into MiniPay wallet to power the “Pockets” feature. The aim of the swapping feature of the Mento Platform is to provide users with the flexibility to select and exchange the currency they want without any additional fees. 💰

• EthCC Brussels: on July 8-11, Victoria Calmon, Head of Marketing & Communications at Mento Labs presented “Web3 Crisis Comms…” 🇧🇪‍
• OpenFi event on July 9, Markus Franke, CEO at Mento Labs participated in the panel "Building, Scaling & Enhancing MiniPay to Onboard Users in Africa to Web3” 🇧🇪‍
• Stable Summit Brussels: on July 6-7, Markus Franke participated in the panel “Expanding the Ecosystem for Non-USD Stablecoins”‍
• Shared Security Symposium: on July 8, Markus Franke participated in the panel “The Shared Security Advantage”‍
• SheFi Summit Brussels: on July 7, Victoria Calmon moderated a panel “0 to Web3 Mastery” 👭
• Celo and Mento AMA with Rene Reinsberg, President of Celo Foundation and Markus Franke, CEO of Mento Labs
• Learn and Earn Stablecoins event in Kabarak University 🇰🇪

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Recommended readings:

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• Are Stablecoins the Future in Africa?
• Celo Gather: Empowering Global Financial Inclusion with Mento

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August News and Events

Event Highlights:

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• cKES Workshop & Hackathon in Kenya 🧑‍💻
• Markus Franke was featured on the Bridged Podcast 🎤

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Recommended Readings:

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• The Celo Kenya Shilling (cKES): Your Digital Money Simplified

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September News and Events

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News: The Mento ecosystem and Celo Philippines DAO announced the launch of PUSO, a decentralized stablecoin pegged to Philippines Peso on the Mento Platform. This marks the sixth stablecoin for mobile payments available on the Mento Platform, built on the Celo blockchain. With more than 10 million digital assets users across the country, the Philippines proudly becomes the first Asian nation with a decentralized local currency stablecoin on Mento. Read more. 🇵🇭

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Mento Labs in partnership with Fonbnk and Valora have launched a $50,000 prize pool (6,450,000 cKES) to support the cKES launch, now available to users! 🎁

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At ETHSafari the Mento Labs, Celo and MiniPay teams celebrated MiniPay’s first birthday on our booth together with the community. 🎂 This has been a fantastic milestone activating over 3.5 million wallets across 7 African countries in just a year!

Event Highlights

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• Mento Community Townhall 🏡
• Builder’s Workshop and Celo Ecosystem Happy Hour: on Sept 9, in Nairobi 👷🇰🇪
• Celo Gather Africa: on Sept 10, Markus Franke presented “Next Wave of Adoption via Local Currency Stablecoins” and participated in the panel “cKES: Unlocking the power of local stablecoins” with Mento partners Haraka and Clixpesa.
• ETHSafari: on Sep 8-15, Markus Franke presented a keynote speech on the “Next Wave of Adoption via Local Currency Stablecoins” and Victoria Calmon presented “Web3 Crisis Comms - It’s a Jungle Out There.”
• EthMilan: on Sep 26-27, Markus Franke participated in a panel on “RWA” 🇮🇹

Recommended Readings

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• Real-World Utility and Driving Mass Adoption in Africa
• How to Swap Assets into Mento Stablecoins Using Squid
• Highlights from Mento in Africa
• Transforming Lending in Emerging Markets
• Pretium Finance: Powering Payments and Cross Border Transactions Across Africa with Mento Stablecoins
• Building, Scaling and Enhancing MiniPay to Onboard Users in Africa to Web3

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Where to meet Mento Labs in Q4

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• Devcon Southeast Asia, Nov 12-15 🇹🇭‍
• unStable Summit, Nov 10 🇹🇭

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To stay up to date on everything that is happening at Mento Labs and with the Mento Platform be sure to follow Mento Labs on Twitter X or join the Mento community on Discord.