Businessmen's currency and the velvet class 💼
(OM) operates as a comprehensive ecosystem that includes several key components:
1. MANTRA Nodes:
Provides revenue generation opportunities by managing nodes and providing storage services on various blockchains.
2.MANTRA CHAIN:
A protocol built into the Cosmos ecosystem that enables interaction with other blockchains and helps in the development of decentralized applications.
3. MANTRA Finance:
It combines the speed and transparency of decentralized finance (DeFi) with the traditional financial system, enabling custodial-free and permissionless digital transactions.
4. MANTRA DAO:
It promotes transparency and community participation through a transparent governance mechanism, where OM token holders can submit proposals and participate in voting processes.
The native token OM is used in many roles within the ecosystem, including governance and staking to generate passive returns. OM can be stored directly on the Mantra app or Binance platform to generate returns.
It is worth noting that Mantra will participate in the “Nebular Summit” conference in Brussels on July 12, where the project’s CEO will talk about innovations and future projects.
In terms of price performance, Mantra Coin saw a decline after making significant gains last month. The current price is around $0.83, having fallen from a high of $1.095 recorded on June 10, 2024.