tradingkey.logo
tradingkey.logo
Search

MANTRA

OMUSD
Add to Watchlist

0.066

0.0000.00%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

0.00%

5 Days

-1.19%

1 Month

-1.19%

6 Months

-1.19%

Year to Date

-4.06%

1 Year

-58.88%

Key Data Points

Opening Price

0.000

Previous Closing Price

0.066
Price Range of the Day
0.0000.066
52-Week Price Range
0.0377.959
Recent
Analysis
More news coming soon, stay tuned...

MANTRA Technical Analysis

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D

Technical Indicators

Buy

Summary

Neutral

Moving Average

Neutral

About MANTRA

MANTRA is a comprehensive blockchain ecosystem that was launched in 2020. Previously known as MANTRA DAO, this ecosystem has gained a reputation for its open and transparent approach to cryptocurrency trading, fund-building, and innovation. The goal of MANTRA is to make crypto-pioneering personal, safe, and secure. The MANTRA ecosystem, referred to as the "OMniverse", is composed of four main components: MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO. MANTRA Nodes forms the core of this vertically-integrated stack, providing blockchain infrastructure-as-a-service offerings. This includes validator node operations to generate revenue and support MANTRA's expansion across new blockchain networks. MANTRA Chain is the protocol for the Cosmos ecosystem, offering interoperability with other Cosmos blockchains through the IBC module. It provides developer tools and enables the creation of various decentralized applications, including secure and decentralized exchanges (DEXs). MANTRA Chain also utilizes a decentralized identity (DID) module for KYC and AML needs. MANTRA Finance aims to bring the speed and transparency of DeFi to the traditional finance (TradFi) world, allowing users globally to trade, issue, and earn from digital assets in a non-custodial and permissionless manner.

How does MANTRA (OM) work?

The MANTRA (OM) token is the native cryptocurrency of the MANTRA DAO ecosystem. OM holders have voting rights within the DAO, allowing them to propose changes and participate in the platform's development. Users can stake OM to earn passive income, and staking also grants access to new DAO token issuances and airdrops from partner projects. The OM token is also involved in MANTRA's money market protocol, where users can earn interest by supplying crypto assets or obtain loans. Additionally, the Karma Protocol rewards positive contributions to the ecosystem with increased staking rewards, reduced fees, and better loan rates.

What are the key tokenomics of MANTRA (OM)?

The total supply of MANTRA (OM) tokens is 888,888,888, with a current circulating supply of 836,873,350 OM. The token distribution is as follows: 8.5% public distribution, 9% private distribution, 17.5% for the team and advisors, and 35% for the treasury and ecosystem. It's important to note that there is a recent proposal to make OM the primary token for the new MANTRA Chain blockchain, which could potentially involve doubling the total supply to incentivize network participation.

What are the key considerations when investing in MANTRA (OM)?

When considering an investment in MANTRA (OM), it's essential to thoroughly research the project, its team, roadmap, and competitive landscape. Evaluate the potential benefits, such as passive income opportunities and governance rights, as well as the risks, including the platform's dependence on the success of MANTRA DAO and competition from other DeFi protocols. Additionally, stay informed about any significant changes, such as the proposed MANTRA Chain integration, which could impact the token's tokenomics and future performance.

MANTRA

0.066
0.0000.00%
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.