MANTRA DAO is a community-governed DeFi platform offering staking, lending, and multi-chain DeFi services.
What is MANTRA DAO (OM)?
MANTRA DAO is a DeFi platform providing staking, lending, and multi-chain DeFi services. OM leverages community insights to create a transparent and decentralized ecosystem for web 3.0. Built on Parity Substrate within the Polkadot ecosystem, MANTRA DAO (OM) offers financial control services to store value and grow portfolios.
MANTRA DAO operates on Rio Chain, a highly secure, scalable, and Polkadot network-connectable blockchain, to support the ecosystem of financial products.
OM aims to address the fundamental issues faced by traditional blockchains by promoting mass adoption of the DeFi ecosystem. The project was initiated by the MANTRA DAO Foundation. The foundation’s core is to ensure platform security and support OM Coin holders. OM Coin holders can benefit from the foundation’s services and have governance rights on the platform.
The platform is built on interoperable technologies and encompasses an ecosystem of community-controlled decentralized financial services. The governance mechanism of the platform is determined by OM. OM Coin holders have a say in making decisions that affect system parameters. Contributors to the system are also rewarded with OM Coins and gain various advantages on the platform. This platform also supports the Karma Protocol. The Karma Protocol is a reputation mechanism that contributes to evaluating participants’ behavior within the ecosystem and tracking the performance of OM Coin holders.
Where to Buy OM Coin?
OM Coin can be securely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. MANTRA DAO Coin is traded on Binance under the pairs OM/BTC, OM/BUSD, and OM/USDT. To purchase OM, one must first register on Binance, then transfer cryptocurrency or fiat currency to the account wallet.
After loading the balance in the account wallet, one of the three trading pairs mentioned above should be selected to enter the purchase interface. In the purchase interface, the desired amount must be specified in the limit section. After specifying the amount, the purchase order is executed.
