MANTRA DAO (OM)
MANTRA DAO is a community-governed DeFi platform focusing on staking, lending, and governance. MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO focuses on staking and lending to give financial control back to the people to grow wealth together.
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What is MANTRA DAO
MANTRA DAO is a fully integrated ecosystem of decentralized financial services built on interoperable technologies and controlled by its users collectively. Its governance mechanism is predicated upon a digital token called OM that allows its holders to participate in decisions affecting the parameters of the system. OM token is distributed as a reward for contributions made to the platform and provides access to a variety of economic incentives. In addition to OM token, MANTRA DAO supports the Karma Protocol, a reputation mechanism that assesses participants’ behavior within the system and keeps track of OM holders’ performance metrics.
MANTRA DAO is a decentralized application built on Rio Chain, a Substrate-based blockchain infrastructure that is interoperable with the Polkadot network.
The MANTRA DAO platform is composed of the following features:
MANTRA DAO is a project initiated by the MANTRA DAO Foundation, a validator candidate on the Polkadot Network. MANTRA DAO Foundation is created to maintain the MANTRA DAO platform and serve the OM token holders, who are the beneficiaries of the foundation and govern how it operates.
The MANTRA DAO Foundation will ensure the release and development of the MANTRA DAO until the MANTRA community is established enough to maintain it in a completely decentralized manner. The MANTRA DAO Foundation is also responsible for safeguarding certain intangible assets pertaining to the project such as trademarks and copyrights.
DetailsPre-sale token supply: 79,999,999 OM
Token supply: 888,888,888 OM
Total tokens for sale: 155,555,555 OM
Soft cap: 1,500,000 USD
Hard cap: 5,930,000 USD
Raised: 1,300,000 USD
LegalBlockchain Platform: Rio Chain
Country limitations: USA, China, and OFAC restricted
Registration country: Seychelles
Registration year: 2019
Token infoTicker: OM
Token standard: RST-88
Token price in USD: 1 OM = 0.05 USDT
Accepted currencies: BTC, ETH, USDT, KSM, DOT
5% bonus for paying in DOT/KSM
30% - Staking Rewards
8.5% - Public
9% - Private
10% - Reserve
12.5% - Grants
17.5% - Team & Advisors
12.5% - Referrals
15% - Exchange Listing
15% - Asset Purchase
20% - Technology
25% - Operations
25% - Marketing
MANTRA DAO Roadmap
Rio Chain Kick-off
Rio Chain Beta Net Release