MANTRA is a vertically-integrated enterprise network. The ecosystem offers an array of different products to meet financial demands of retail as well as institutional clients.
OM is the native token of the project. The current use cases for OM include:
Governance: $OM stakers can issue proposals, participate in governance votes, and suggest developments in various products across the OMniverse.
Staking: $OM can be staked directly on MANTRA’s web app or on Binance for passive yield earning.
Access/ Airdrop Incentives: $OM stakers get special access to new DAO token issuances as well as partnering DAO token airdrops.
The project consists of the following major components working in conjunction:
MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations.
MANTRA Chain: a protocol for regulated assets in the Cosmos ecosystem.
MANTRA Finance: aims to be a globally-regulated DeFi platform that brings the speed and transparency of DeFi to the world of traditional finance.
As at August 30th 2022, the total and maximum token supply of OM is 888,888,888 OM. The current circulating supply is 519,179,194 OM (~58.4%% of the total token supply).
Learn more about the token distribution of OM here.