# M0 > Build your stablecoin. Your Way. M0 is infrastructure for building programmable, interoperable stablecoins with shared liquidity and customizable features. M0 is infrastructure powering builders of safe, programmable, interoperable stablecoins. Developers can build application-specific digital dollars with customizable access, risk, and compliance rules while relying on M0 issuers for robust reserves. All stablecoins built on M0 share native interoperability through composable on-chain operations, creating a unified liquidity layer. - Type: Company - Sector: Infrastructure - Status: Active - Founded: 2023-01-01 - Profile: https://thegrid.id/profiles/m0_org ## Products - [M0 Extensions](https://thegrid.id/profiles/m0_org): M0 Extensions Platform enables developers to build application-specific stablecoins using $M as the underlying value layer. Developers can customize compliance features, yield distribution mechanics, upgradeability, and deployment across multiple blockchains while accessing shared liquidity through composable wrapping and unwrapping operations. (Stablecoin Issuer, Live) - [Stablecoin Orchestration APIs](https://thegrid.id/profiles/m0_org): Stablecoin Orchestration APIs provide programmatic access to M0 liquidity networks through standardized interfaces, enabling stablecoin minting and redemption. The system connects to multiple issuers while automating transaction monitoring and settlement. (Developer Tooling, Live) - [Stablecoin Minting Engine](https://thegrid.id/profiles/m0_org): Stablecoin Minting Engine implements turnkey technology through modular components, enabling end-to-end stablecoin issuance operations. The system interfaces with custodians and validators while managing protocol interactions and key custody integration. (Stablecoin Issuer, Live) - [M0 protocol](https://thegrid.id/profiles/m0_org): M0 Protocol implements a coordination system through smart contracts, enabling permissioned Minters to generate stablecoins backed by eligible collateral. The system enforces on-chain rules while maintaining decentralized governance through the Two Token Governor mechanism. (L2, Live, Main Product) ## Assets - [WrappedM by M^0 (wM)](https://thegrid.id/profiles/m0_org): wM is a non-rebasing ERC-20 wrapper for the M token issued by M0 Protocol. It is used to wrap M tokens for compatibility with DeFi protocols that require static token balances, while preserving yield-earning capabilities through manual claiming. Unlike the native M token which automatically increases balances as yield accrues, wM maintains fixed balances and tracks yield separately, allowing holders to claim accrued yield explicitly without disrupting protocol integrations. (Wrapped Tokens) - [M by M^0 (M)](https://thegrid.id/profiles/m0_org): M is a USD-pegged stablecoin issued by permissioned Minters within the M0 protocol. It is over-collateralized and backed by safe assets such as U.S. Treasuries, and serves as the foundational building block for application-specific stablecoins. Holders can access a rebasing balance that grows automatically over time through continuous compounding, with access determined by M0's Two-Token Governance to ensure yields are distributed fairly and within rules set by the community. (Stablecoin) - [Power by M^0 (POWER)](https://thegrid.id/profiles/m0_org): POWER is the governance token of M0 protocol's Two Token Governor system. It is used to vote on operational proposals such as approving minters and setting protocol parameters, with holders earning ZERO tokens for active participation in governance. The system penalizes inactive holders by diluting their voting power approximately 10% per epoch if they fail to vote, directly rewarding consistent participation and discouraging voter apathy. (Governance) - [Zero by M^0 (ZERO)](https://thegrid.id/profiles/m0_org): ZERO is the meta-governance token of M0's Two Token Governor system. It is used to control the governance framework itself through threshold-based voting and to claim a share of protocol revenue via the DistributionVault. ZERO holders can trigger a Reset that replaces the current governor with a new version and redistributes POWER tokens, a mechanism intended to address irreparable issues with POWER holder composition or voting patterns. (Governance) ## Links - [Main](https://www.m0.org) - [Documentation](https://docs.m0.org) - [Blog](https://www.m0.org/newsroom) - [Whitepaper](https://1350380226-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUiPJrw3J4qxzzrI0dK6G%2Fuploads%2FsDlULTL603eom0TnWLk7%2FM%5E0%20Protocol%20Whitepaper%2020240320.pdf?alt=media&token=1925c7a5-1008-4f05-88ae-0ee2d61a98be) - [Media Kit/branding](https://www.m0.org/brand) - [Governance](https://governance.m0.org) - [Terms of Service](https://www.m0.org/terms-conditions) - [Privacy policy](https://www.m0.org/privacy-policy) - [Twitter / X](https://x.com/m0foundation) - [LinkedIn](https://www.linkedin.com/company/m0-protocol) - [GitHub](https://github.com/m0-foundation) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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