The Universal
Stablecoin
Platform
M0 is the infrastructure powering builders of safe, programmable, interoperable stablecoins
With M0, developers can build application-specific, feature-rich, interoperable digital dollars.
At its core, M0 is a decentralized protocol managing the supply of $M
The on-chain infrastructure is supported by a suite of off-chain software, APIs, and standards, ensuring transparent and uniform participation across key actors. A well-designed governance layer enforces clear rules and credible neutrality for applications built on top of M0.
The M0 Model
M0 has re-defined stablecoin infrastructure from first principles. Minters and Validators collaborate upstream to secure the value layer of stablecoins. Builders create stablecoins downstream to customize behavior.
Minters
A Minter is an entity permissioned by governance to connect to the M0 protocol and manage the supply of $M.
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Validators
A Validator is an independent entity that provides timely information about the off-chain reserves backing $M.
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Earners
Earners are builders and integrators of application-specific stablecoins, that are approved by governance to earn the Earner Rate.
Learn moreTwo Token Governor (TTG)
Next-generation money infrastructure should be governed by simple rules, strong participation, and aligned incentives.
Two-token mechanism
Delegates use $POWER to facilitate voting, and governors use $ZERO to safeguard the system against corruption.
Simple rules
The minting of $M requires collaboration across a set of actors complying with rules, some of which are enforced on-chain.
Strong voter participation
TTG incentivizes engaged participation by diluting the voting power of absent governors over time.
Participation ratio
99.52%
All time average voting participation on standard proposals
Highlighted Earners
Documentation
Navigate the extensive M0 infrastructure documentation