29% Of Total OM Circulation Staked On MANTRA, Data Reveals
According to Odaily, recent data disclosed by MANTRA on platform X indicates that approximately 237 million OM have been staked on MANTRA. This figure represents 29% of the total circulating supply.
The staking of OM on MANTRA is a significant development, demonstrating the trust and confidence users have in the platform. The data provides a clear indication of the platform's popularity and the extent of its usage.
However, it's important to note that while this figure is significant, it also means that a large portion of OM is still in circulation and not staked on the platform. This could potentially indicate room for further growth and expansion of the platform's user base.