MANTRA (OM) Staking Surges After Ondo Partnership: Over $180 Million Locked In

MANTRA, a leading RWA-focused Layer 1 Blockchain, has partnered strategically with Ondo Finance, triggering a remarkable surge in OM staking activity. The announcement of this partnership fueled a 30% increase in staked OM, signaling growing confidence and adoption among investors.

Staking Momentum

The recent uptick in staking activity reflects investors' optimism in MANTRA's long-term prospects and its innovative approach to RWA tokenization. Over 200 million OM tokens, valued at approximately $180 million based on the current market price of $0.90, are locked in staking. This surge highlights a significant rise in staked OM following the Ondo partnership announcement.

Attractive Incentives

Stakers are drawn to MANTRA's staking ecosystem by the prospect of lucrative rewards, including a 35% bonus leading up to the mainnet launch. These incentives enhance potential returns for stakers and promote a culture of long-term investment in the MANTRA ecosystem.

Strategic Collaboration with Ondo Finance

The partnership with Ondo Finance further bolsters MANTRA's position as a leading Layer 1 blockchain, offering expanded opportunities for RWA tokenization innovation. The integration of Ondo's USDY vault, boasting a Total Value Locked (TVL) of $450 million, is expected to attract additional TVL to the MANTRA chain.

As the partnership with Ondo Finance unfolds and investor confidence in OM grows, MANTRA remains poised to play a significant role in the evolving landscape of decentralized finance. $OM $ONDO

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