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How is this data calculated?
- A human at Lido Nation manually comb through proposals 2 identify core members of a group. People denoted as such are listed on the group page.
- For these core member, a script finds all the proposals for which they are the primary author & attribute that proposal to the group.
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Mehen
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Bio
Mehen is creating the USDM fiat-backed stablecoin.
The USDM stablecoin will be an essential tool for Cardano. It will be used as a base asset for decentralized finance (deFi) protocols, and can be sent peer-to-peer for instant on-chain payments.
USDM will be a scalable catalyst for growth and adoption of the entire Cardano ecosystem.
Community Reviews across funding rounds
Top of mind of Mehen in Catalyst
most frequent words in proposal details
Challenges
The Team (4)
Members in Catalyst that have co-proposed with Mehen. Individuals may not be employed at Mehen. This is is is not representative of Mehen's full team.
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James Meidinger
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Matthew Plomin
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Steven Fisher
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James Meidinger
Mehen Proposals (6)
Mehen: Onboarding Assistance
Solution: Mehen wishes to lower the barrier to entry unbanked creators and investors face by subsidizing the cost required to enter the Mehen ecosystem, including background check and ID verification expenses.
Mehen: Fiat-backed Stablecoin USDM Quick Pitch
Solution: Mehen is working with the community to build a Cardano Native Asset stablecoin, USDM.
USDM uses stablecoin best practices: fully-backed 1:1 with high-quality, liquid, transparent, audited USD assets.
Mehen: USDM State Regulatory Fees
Solution: MUSD will be the 1:1 fiat-backed, directly-convertible stablecoin built for and by the Cardano Community.
Fiat-backed coin issuers need state money transmitter licenses. This proposal pays state fees
USDM: Fiat-Backed STABLECOIN - by Mehen: Cardano's Premiere Fiat-backed Stablecoin
Solution: Mehen is actively building USDM - A 1:1 USD licensed fiat-backed stablecoin with oversight, & decentralized reserves verification; prioritizing integrity, transparency, and reinvestment into Cardano.
Cardano Privacy Alliance - Creating interoperability standards for KYC/AML within DIDs on Atala Prism
Solution: We'll form the Cardano Privacy Alliance, setting standards for interoperable KYC/AML checks across Cardano projects, leveraging Atala PRISM to safeguard privacy and minimize data collection.
ADA Bug Bounty Website
Solution: A website will be created to allow anyone with a Cardano wallet to create, interact with, and claim a bounty. Bounties can range from coding help to reporting security vulnerabilities in a project.