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feat: add M token by M^0 - https://m0.org #396

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ernaneluis
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@ernaneluis
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--- ethereum ---
minted                    42.75 M
circulating               42.75 M
unreleased                0
------ Total Circulating ------
Total circulating         42.75 M
Total unreleased          0

@realdealshaman
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Hey @ernaneluis thanks for the PR! is M listed on coingecko? Lets get the project listed on our TVL dashboard first and we can then add it to our stables dashboard https://docs.llama.fi/list-your-project/submit-a-project

@realdealshaman
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realdealshaman commented Sep 30, 2024

Also what is SmartM? I see that over 40% of the $M tokens are at that address, are those tokens circulating or unreleased?

@0xpeluche
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@ernaneluis Hello, I am currently working to integrate your protocol into our TVL adapters as well, but I would need some information regarding the collateral used to ensure the mint on this PR: DefiLlama/DefiLlama-Adapters#11811. Is there a way to know on-chain the tBills used and their amount?

@reginatto
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Hi @realdealshaman , Smart $M is a wrapper M^0 has built to ensure any yield accruing to $M holdings is compatible with DeFi protocols (as in non-rebasing). What you see is that for some of the initial use cases in DeFi, about 40% of the supply of $M has been wrapped and is being used in Smart $M form. See more details here: https://research.m0.org/research/defi-meet-smart-m

@reginatto
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Hey @0xpeluche thanks for jumping on this. Great question which we have a good answer for, hopefully. On the M^0 Ecosystem Dashboard anyone can find the detailed composition of collateral, all the way down to CUSIPs. See here https://dashboard.m0.org/ .

@reginatto
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@realdealshaman forgot to answer your coingecko question - yes it has been recently listed there https://www.coingecko.com/en/coins/m

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4 participants