Bullish trend, Binance interest rate is high again
Worth holding for the long term
Very powerful difi platform
Explore the infinite possibilities of the MANTRA ecosystem MANTRA is a community-managed DeFi platform focusing on mortgages, lending and cross-chain DeFi products. It has established a complete set of DeFi products, covering multi-asset mortgage platforms, money market lending protocols, game lottery pools, and stablecoin minting protocols. Currently, the suite runs on Ethereum, but will be expanded to cross-chain products such as Binance Smart Chain, Polygon and Polkadot in the future.
OM token is the native functional token of the MANTRA ecosystem and has the following uses:
Mortgage: Users holding DOT and KSM can entrust their assets to MANTRA's validator nodes and bind their Ethereum addresses to mine OM tokens.
Lending: Through ZENTEREST, MANTRA’s overcollateralized money market lending platform, users can provide assets and borrow tokens.
Lottery: Use OM tokens to enter MANTRA POOL, participate in lottery activities, and have a chance to win 25% of this week’s PoS validator rewards.
Governance: OM stakers can propose proposals, participate in governance votes, and make suggestions for changes to various parameters in the MANTRA ecosystem.