#wirte2Earn MANTRA (OM) is a cryptocurrency that is the native token of the MANTRA blockchain platform, focused on the tokenization sector and regulatory compliance. MANTRA positions itself as a decentralized platform offering financial services such as staking, lending, and management, with a focus on regulatory compliance.
More details about MANTRA (OM) and the platform:
Purpose:
MANTRA (OM) is used as the native token for staking and gas payments in the MANTRA Chain ecosystem.
Ecosystem:
The MANTRA platform includes a DAO (Decentralized Autonomous Organization), MANTRA Nodes, MANTRA Chain, and MANTRA Finance.
Tokenomics:
Initially, OM was an ERC-20 token, but with the transition to MANTRA Chain, it became the native token of the network, with altered tokenomics including the introduction of the "Mirror Bucket" mechanism for transferring ERC-20 tokens and the introduction of inflation.
Functionality:
OM allows participants to stake tokens to support the network and earn rewards, as well as being used for various financial operations such as saving and lending.
Features
MANTRA stands out with its focus on security and regulatory compliance, making it appealing to institutions and developers.