What is Mantra DAO ( $OM )?

Mantra DAO is a decentralized platform that offers DeFi services to its users. Built on the RioChain blockchain, the platform aims to connect with the Polkadot blockchain. In addition to the DeFi services it offers, Mantra also adopts the Web3 concept. The project aims to be one of the ecosystems in this area. The project has a local cryptocurrency called OM coin. OM, which is also a governance token, stands out with various use cases within the platform.

Staking and lending stand out among the DeFi services offered by Mantra, which was launched in October 2020. With these services, investors can earn high profits. There are some features that distinguish Mantra from other DeFi projects. Built on RioChain, the project plans to connect to the Polkadot Blockchain. In addition, the project offers multi-asset staking and lending services for other cryptocurrencies such as Cosmos (ATOM) and Terra (LUNA). Additionally, the project includes various web3 elements such as decentralized business-to-business access.