What is MANTRA DAO (OM) | What is MANTRA DAO token | What is OM token
WHAT IS MΛNTRΛ DΛO?
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance.
MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
KEY FEΛTURES
STΛKING
Focusing on decentralized and non-custodial staking, users are able to securely stake a growing number of PoS and DPoS assets all while earning extra rewards in OM tokens, as well as access to partnered airdrops.
LENDING
Using both open sourced and proprietary lending protocols, lenders can directly offer cross-chain, multi-asset loans to users in order to earn interest on their crypto assets.
** GOVERNΛNCE**
OM token holders have full control and ownership over the MANTRA DAO ecosystem through their systemic voting and governance rights.
BORROW
Deposit any number of your crypto assets as collateral and get instant access to low-interest, stablecoin loans.
KΛRMΛ
A reputation mechanism, similar to a traditional credit score, that aims at rewarding users for their positive contributions to the MANTRA DAO ecosystem. KARMA will reward users in a number of ecoystem incetives.
** MΛNTRΛ POOL**
Try your luck in the perpetual savings games that frequently give members the chance to win crypto.
BUILT ON RIO CHΛIN FOR POLKΛDOT
To support its ecosystem of financial products, MANTRA DAO uses Rio Chain, a Substrate-based blockchain that is highly secure, scalable, and will connect to the Polkadot network
Binance Will List MANTRA DAO (OM) in the Innovation Zone
Binance will list MANTRA DAO (OM) in the Innovation Zone and will open trading for OM/BTC, OM/BUSD and OM/USDT trading pairs at 2021-03-08 9:00 AM (UTC). Users can now start depositing OM in preparation for trading.
Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
OM is a relatively new token that poses higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, that you have done your own research in regards to OM’s fundamentals and fully understand the project before opting to trade.
OM Listing Fee: 0 BNB.
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How and Where to Buy MANTRA DAO (OM)?
OM has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy OM
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
After the deposit is confirmed you may then purchase OM from the Binance exchange.
Exchange: Binance, OKEx, BiONE, BitAsset, and Uniswap (V2)
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once OM gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information OM
☞ Website
☞ Explorer
☞ Source Code
☞ Social Channel
☞ Message Board
☞ Documentation
☞ Coinmarketcap
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