WrappedM by M0

M0 is a stablecoin infrastructure protocol that enables institutions to issue dollar tokens backed by high-quality assets such as US Treasury bills. The protocol's base token, M, is minted by authorized issuers and has a structure that can distribute the yield from reserves according to governance rules. WrappedM (WM) is a wrapped form of this token that conforms to the standard token interface.

Wrapping aims to keep the yield mechanism of M manageable while making the token easier to integrate with decentralized exchanges, lending and other applications. WM is available on the Ethereum, Arbitrum, Solana and Plume networks. Many applications also use this structure to create their own branded stablecoins on M0 infrastructure.

For dollar-pegged tokens of this kind, the peg is supported by the quality of the reserves and the redemption processes; this is a design goal. The WrappedM value on Lzzo.com is based on DefiLlama's US dollar reference and is for information only; the smart contract platform label in our catalogue is a generic placeholder.