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Moola Celo EUR is a transferable cERC-20 token that captures rights to deposited funds along with the yield they generate within Moola Market. Every mToken can be redeemed for a single Token (for example, 1 mCEUR = 1 CEUR). When a wallet supplies Tokens to Moola Market, it receives the same amount of mTokens in return.
Moola Market is a non-custodial liquidity protocol aiming to broaden participation in yield and credit. Depositors receive compound interest funded by borrowers using over-collateralized loans, delegated loans, or flash loans.
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