35,947,143,796 OM Coin, fully known as Mantra DAO (OM), is a digital currency based on the Polkadot ecosystem built on Parity Substrate. The issuance date of OM Coin was August 18, 2020, with an issuance price of $0.200, a total issuance of 889 million coins, a circulating supply of 266 million coins, and a circulation rate of 29.96%. OM Coin is the token of the MANTRA DAO project, which is a decentralized finance (DeFi) platform focusing particularly on staking, lending, and decentralized governance. The platform uses the native utility token OM for staking, lending, and governance.

The main functions of OM Coin include:

• Staking: Holders of DOT and KSM can delegate their assets to validators in MANTRA DAO and bind their Ethereum address to the platform to mine OM tokens.

• Lending: Through MANTRA DAO's over-collateralized lending platform ZENTEREST, users can provide assets to the platform and borrow tokens based on the collateral they provide.

• Lottery: Users can use OM tokens to access MANTRAPOOL to try their luck in MANTRAPOOL and have a chance to win 25% of this week's PoS validator rewards.

• Governance: OM stakers can submit proposals, participate in governance voting, and suggest changes to various parameters within the MANTRA DAO ecosystem.

MANTRA DAO aims to address the shortcomings of traditional financial systems, such as high loan interest rates, low savings rates, lack of transparency in management, and lack of accessibility, through its fully interoperable, transparent, and autonomous savings and lending platform. As the native token of MANTRA DAO, OM Coin holds governance rights and is built on Polkadot, providing high scalability through parallel processing, effectively eliminating the bottleneck of sequential transaction processing in traditional networks, creating favorable conditions for the growth of the entire ecosystem.

In-depth analysis of the prospects and value of OM Coin shows that MANTRA DAO has a unique model that includes staking/lending/governance and offers cross-chain interoperability, providing significant value within the MANTRA ecosystem. With the development of MANTRA and the Polkadot network, OM Coin is expected to secure a position in the cryptocurrency market in the future. Investors considering OM Coin should pay attention to market developments and adjust their investment plans in a timely manner.

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