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How to Stake MANTRA DAO
You can earn rewards for MANTRA DAO through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
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Market Stats
Market Cap
A$774,490,643.26
FDV
Not enough data
Circulating Supply
957,828,349.9 OM
Max Supply
Not enough data
Total Supply
1,817,825,610.67 OM
Performance
Popularity
Not enough data
Dominance
0.02%
Volume (24H)
A$238,849,042.66
0.05%
Volume (7D)
A$2,244,633,977.89
Volume (30D)
A$8,340,945,271.76
All time high
A$14.07
Overall Price Change (1Y)
-0.32%
The price of MANTRA DAO has decreased by 0.65% in the last hour and increased by 1.32% in the past 24 hours. MANTRA DAO’s price has also fallen by 19.57% in the past week. The current price is A$0.81 per OM with a 24-hour trading volume of A$238.85M. Currently, MANTRA DAO is valued at 94.25% below its all time high of A$14.07. This all-time high was the highest price paid for MANTRA DAO since its launch. The current circulating supply of MANTRA DAO is 957,828,349.9 OM which means that MANTRA DAO has as total market cap of A$774,490,643.26.
OM vs markets
↘ 46.4%
OM vs BTC
↘ 54.16%
OM vs ETH
↗ 23.82%
Tags
defi
dao
real-world-assets
Network | Address | |
---|---|---|
Ethereum | 0x3593D125a4f7849a1B059E64F4517A86Dd60c95d | |
Polygon | 0xC3Ec80343D2bae2F8E680FDADDe7C17E71E114ea | |
BNB Smart Chain | 0xF78D2e7936F5Fe18308A3B2951A93b6c4a41F5e2 |
Time | Price | Change |
---|---|---|
Today | A$0.81 | ↗ 1.32% |
1 Day | A$0.80 | ↗ 1.32% |
1 Week | A$1.01 | ↘ 19.57% |
1 Month | A$10.61 | ↘ 92.27% |
1 Year | A$1.16 | ↘ 31.51% |
Mantra DAO is a decentralized finance (DeFi) ecosystem designed to operate across multiple blockchain networks. It functions as a community-governed platform where users holding the OM token can participate in decision-making processes that shape its development. The ecosystem integrates a reputation mechanism known as Karma, which assesses user activity and engagement within the platform. Mantra DAO aims to provide accessible DeFi solutions, including staking, lending, borrowing, and governance participation through a decentralized autonomous organization (DAO) structure.
Mantra operates using a delegated proof-of-stake (DPoS) consensus model, allowing users to stake OM tokens to support network validation while earning rewards. The platform runs on the Rio blockchain, which is interoperable with the Polkadot network. Users can engage in peer-to-peer lending and borrowing, stake their assets, and participate in governance by voting on protocol upgrades. Mantra DAO also features a savings-based lottery mechanism called the Mantra Pool, where participants have the opportunity to win cryptocurrency.
Mantra DAO seeks to provide a range of DeFi services, including asset staking, lending, and borrowing. The platform facilitates governance through OM token voting, allowing users to shape protocol developments. Its Karma reputation system tracks user contributions and may impact staking rewards. Additionally, Mantra offers a gamified savings tool, Mantra Pool, which provides token holders with a chance to win rewards. The network’s interoperability with Polkadot aims to support cross-chain functionality for decentralized applications.
The OM token serves as both a utility and governance asset within the Mantra DAO ecosystem. It enables users to participate in governance decisions, stake tokens for network validation, and access DeFi services such as lending and borrowing. OM tokens are also used in Mantra Pool, where participants enter a savings game with the potential to earn additional rewards. A portion of OM tokens is periodically burned to manage supply and maintain token scarcity.
Mantra DAO was conceptualized in late 2019 and officially launched in early 2021. The whitepaper was released in June 2020, outlining the project's goals and governance structure. The platform was co-founded by John Patrick Mullin, Will Corkin, and Rodrigo Quan Miranda. OM has a total supply of 888,888,888 tokens, designed to support its ecosystem of staking, governance, and DeFi applications. Mantra DAO continues to expand its interoperability and integrate with blockchain networks.
We update our MANTRA DAO to AUD currency in real-time. Get the live price of MANTRA DAO on Coinbase.
The current market cap of MANTRA DAO is A$774.49M. A high market cap implies that the asset is highly valued by the market.
The all-time high of MANTRA DAO is A$14.07. This all-time high is highest price paid for MANTRA DAO since it was launched.
Over the last 24 hours, the trading volume of MANTRA DAO is A$238.85M.
Assets that have a similar market cap to MANTRA DAO include THORChain, TrueUSD, MultiversX, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of MANTRA DAO is 958 million.
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Trending articles
Popularity in posts
#149
Contributors
5,385
Posts
9,018
% About MANTRA DAO
0.17%
Articles
16
Hold times
0 days
X (Twitter)
29.03% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
5,385 unique individuals are talking about MANTRA DAO and it is ranked #149 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, MANTRA DAO has an average sentiment score of 68 out of 5. Finally, MANTRA DAO is becoming less newsworthy, with 16 news articles published about MANTRA DAO.
On Twitter, people are mostly bullish about MANTRA DAO. There were 66.21% of tweets with bullish sentiment compared to 128.08% of tweets with a bearish sentiment about MANTRA DAO. 33.79% of tweets were neutral about MANTRA DAO. These sentiments are based on 1400 tweets.
On Reddit, MANTRA DAO was mentioned in 247 Reddit posts and there were 3203 comments about MANTRA DAO. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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