The currency of businessmen and the elite 💼
(OM) operates as a comprehensive ecosystem that includes several key components:
1. MANTRA Nodes:
Provides revenue-generating opportunities through node management and offering storage services on various blockchains.
2. MANTRA Chain:
An integrated protocol in the Cosmos ecosystem that enables interaction with other blockchains and aids in the development of decentralized applications.
3. MANTRA Finance:
Combines the speed and transparency of decentralized finance (DeFi) with traditional finance, enabling non-custodial and permissionless digital transactions.
4. MANTRA DAO:
Enhances transparency and community participation through a transparent governance mechanism, allowing OM token holders to propose and vote on initiatives.
The native OM token serves various roles within the ecosystem, including governance and staking to earn passive yields. OM can be staked directly on the MANTRA web app or on Binance for rewards.
Notably, MANTRA will participate in the "Nebular Summit" in Brussels on July 12, where the project's CEO will discuss innovations and future projects.
In terms of price performance, MANTRA has experienced a decline after significant gains last month. The current price is approximately $0.83, down from its all-time high of $1.095 recorded on June 10, 2024.