Moola Celo USD is a transferable cERC-20 token that represents claims on deposited assets plus accumulated yield on Moola Market. Each mToken is redeemable for exactly one Token (e.g. 1 mcUSD = 1 cUSD). When a wallet deposits Tokens into Moola Market, it receives an equivalent quantity of mTokens in return. 

Moola Market is a non-custodial liquidity protocol that is democratizing access to yield and credit. Depositors earn compound interest which is paid for by borrowers who take over-collateralized loans, delegated loans, or flash loans.