MANTRA DAO is a user governed DeFi platform focusing on staking, lending, and governance, leveraging blockchain technology. More
| Fully Diluted Valuation | $340.83M |
|---|---|
| 24H Trading Volume | $48.90M |
| 24H Low / High | $0.20 / $ 0.21 |
| Circulating Supply | 1.06B |
| Total Supply | 1.69B |
| Max Supply | ∞ |
| Categories | Infrastructure 10 more |
|---|---|
| Founder | John Patrick Mullin |
| Website | mantrachain.io Whitepaper |
| Socials | 6 more |
| Chains | Ethereum Ecosystem 7 more |
| Explorer | Mintscan 9 more |
| Contracts |
0x359....0c95d
7 more
|
| Name | Pair | OG Score |
|---|
MANTRA DAO, launched in 2020, represents a groundbreaking approach in the decentralized finance (DeFi) sector, offering a comprehensive suite of financial solutions governed by its community. At its core, MANTRA DAO focuses on staking, lending, and decentralized governance, operating on the RioChain and soon transitioning to the Polkadot network. This shift symbolizes its commitment to fostering a Web 3.0 ecosystem, utilizing the native utility token, OM. OM token holders are central to the platform's governance, with each token granting a vote in key decisions such as interest rates and ecosystem grants. This mechanism ensures a democratic and transparent system where users directly influence the project's direction.
The MANTRA ecosystem is diverse and integrated, consisting of MANTRA Finance, a leading DeFi product provider, and MANTRA Chain, which offers a scalable blockchain architecture for Web3 applications. Additionally, MANTRA Nodes serve as the ecosystem's backbone, supporting retail staking, node management, and validator operations. The platform's unique feature, the Karma protocol, mirrors a credit score system, rewarding users for their contributions to the ecosystem. These elements work in tandem to provide users with various financial services, including earning passive income through staking, borrowing, lending, and participating in savings games.
Notably, MANTRA DAO stands out in the DeFi landscape for its user-centric design. By addressing common issues like user inactivity, it encourages active participation and contribution. Integrated into the future-forward Polkadot network through RioChain, MANTRA DAO ensures high security and scalability. Its OM token, initially issued on the Ethereum blockchain, is poised for growth, reflecting the platform's dynamic nature. For those interested in joining the MANTRA ecosystem, OM tokens are available on multiple exchanges, offering a gateway to a decentralized, user-empowered financial world.
MANTRA DAO stands out for its focus on staking, lending, and decentralized governance, with its native utility token, OM, playing a central role in its community-driven ecosystem.
John Patrick Mullin is a co-founder of MANTRA DAO, a platform that emphasizes community governance in its operations.
MANTRA DAO invested and backed by capitals and ventures such as LD Capital, Genblock Capital, Kenetic Capital, Master Ventures, Moonrock Capital, Waterdrip Capital, Fairum Ventures among others.
You can buy MANTRA (OM) on Binance, BitgetMEXCBybitGate.io cryptocurrency exchanges.
Join
OGAudit
