MANTRA DAO is a community-governed DeFi platform focusing on staking, lending, and cross-chain DeFi products. MANTRA DAO has built a suite of DeFi products including a multi-asset staking platform, money markets lending protocol, gamified lottery pool, and stablecoin minting protocol. The suite is currently natively built on Ethereum, but cross-chain products focusing on Binance Smart Chain, Polygon, and Polkadot will also be built in the future.
OM is the native utility token of the MANTRA DAO ecosystem and is used for the following functions:
The project has raised $5.9MM from a private and public sale.
As of March 8 2021, the total circulating supply of OM is 266,292,858 OM (29.95%) with a max supply of 888,888,888 OM. Detailed breakdown of the token emission schedule can be seen here.