Monetary System
Learn about the anatomy of the Kolektivo Monetary System
Last updated
Learn about the anatomy of the Kolektivo Monetary System
Last updated
The Kolektivo Monetary System is a back-end constellation of diverse smart contracts aiming to create locally governed community currencies backed by natural assets in addition to already-existing cryptocurrencies.
In the context of the Kolektivo MVP released at the end of April 2023, not every primitive of the monetary system has been released. This Minimum Viable monetary system entails a local Reserve as well as an instance of Mento. For more details, see the below schematic.
