MANTRA (OM) Coin
Overview:
Symbol: OM
Platform: Initially on Ethereum (ERC-20), but the project has expanded to include other platforms such as Cosmos and Polkadot.
Domain: Decentralized Finance (DeFi)
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What is the MANTRA project?
MANTRA is a decentralized finance (DeFi) ecosystem focused on:
Staking
Lending & Borrowing
Governance
It aims to empower the community to control how the system operates through voting using the OM coin.
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Project Goals:
To give users control over their funds through DeFi tools.
To provide tools for wealth management such as saving, lending, and earning profits.
To integrate the concept of community governance into project management.
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Uses of the OM Coin:
1. Governance: Voting on project change proposals.
2. Staking: Earning rewards for freezing the coin.
3. Decentralized Finance: Using it in lending or saving protocols.
4. Fees: Discounts or use for payments within the platform.
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Project Features:
Active community and open participation.
Support from multiple blockchain networks.
Focus on transparency and fair distribution of power.