What Is MANTRA DAO?
MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate based RioChain for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together. Essentially, we are building a community-governed DAO structure for DeFi products. Primarily focusing on Staking, Lending, and Governance. We will offer enhanced interest for our users and governance rights through our native OM TOKEN.
History Of MANTRA DAO?
MANTRA DAO is a community-governed DeFi platform focused on Staking, Lending, Governance, and Decentralized Launchpad services.Its objective is to give financial control back to the people, so that as a collective, they may store and grow their wealth together. MANTRA DAO aims to leverage crowd wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0.Started with the goal of building on Substrate as a Polkadot-first project, MANTRA DAO is now a multi-chain ecosystem offering services on Ethereum, Binance Smart Chain, and Polygon.
Roadmap of MANTRA DAO
Roadmap of the MANTRA DAO features ahead of us:
-LENDING
-BORROWING
-KARMA PROTOCOL
-MANTRA POOL
-OTHER SERVICES
We genuinely believe that the future of #blockchain will be based and built around cross-chain ecosystems.
Where To Buy MANTRA DAO?
Some cryptocurrencies, like MANTRA DAO, can only be purchased with another cryptocurrency on decentralized exchanges. To buy MANTRA DAO, you’ll need to first purchase Ethereum (ETH) and then use ETH to buy MANTRA DAO. And to do that, you need what’s called a self-custody wallet.
Team behind MANTRA DAO
The MANTRA DAO team is composed of seasoned entrepreneurs and professionals — hailing from different countries, industries, and backgrounds —coming together with the single goal of bringing DeFi services to every corner of the globe.
What are the Uses of MANTRA DAO Tokens ?
OM TOKENs are the native cryptocurrency of MANTRA DAO. OM TOKENs plays a key role in expanding and maintaining the overall MANTRA DAO ecosystem. It has several core functions:
– STAKING & LENDING: In addition to staking rewards in different DPoS+PoS assets, depositors of cryptocurrencies in MANTRA DAO will also receive OM TOKENs.
– OWNERSHIP & GOVERNANCE: OM TOKENs give voting power over certain economic parameters such as interest rates, level of inflation, ecosystem grant allocations, etc. With the structure of MANTRA DAO being a Foundation, every holder of OM is an owner of MANTRA DAO; the token holders are the owners and are who is able to democratically decide the direction the company should go in!
– REPUTATION: OM Tokenholders can grow their reputation via our KARMA Protocol and be rewarded for their contributions to MANTRA DAO.
– MANTRA POOL: OM Tokenholders will also be able to access MANTRA POOL, which is our perpetual savings game that give users the chance to win crypto every week.
