What is Mantra DAO?
Mantra DAO is a community-run platform that allows users to access DeFi (Decentralized Finance) products. The platform offers a variety of services such as staking, lending, and governance.
Most of Mantra DAO's developers are based in India. Therefore, it can be said that OM Coin is associated with India.
What is OM Coin?
OM Coin is the native token of the Mantra DAO platform. OM Coin can be used for staking, lending and borrowing, and participating in the management of the platform.
Features of Mantra DAO:
Staking: Users can earn passive income by staking their OM Coins. Staking helps maintain the security and functionality of the platform.
Lending: Users can lend to other cryptocurrencies using their OM Coins as collateral. Lending benefits other users by providing liquidity and generating interest income.
Governance: OM Coin holders have the right to vote on the future of the protocol. Governance ensures that the platform is managed in a fair and transparent manner.
It is not investment advice.
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