MANTRA will be participating in Binance Blockchain Week in Dubai from October 30th to 31st. The event will host a series of panels, providing a platform for industry leaders to discuss the latest trends and developments in the blockchain industry and share their knowledge and insights.
OM information
The MANTRA project, also known as OMniverse, is a vertically integrated blockchain ecosystem that has been rebranded and restructured to encompass a variety of innovative products and services. These services are aimed at both retail and institutional investors and are categorized into four main components: MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO. Each of these components plays a specific role within OMniverse and collectively creates a versatile and comprehensive cryptographic platform.
The working mechanism of OMniverse is driven by four main components. The foundational stack, MANTRA Nodes, provides revenue generation and community growth through the opportunity to earn money on multiple blockchains, alongside node management and staking services. MANTRA Chain is a protocol in the Cosmos ecosystem that provides interoperability with other blockchains and supports the development of secure decentralized applications and exchanges. MANTRA Finance aims to combine the speed and transparency of DeFi with the traditional financial world to enable non-custodial and permissionless digital asset trading. Finally, MANTRA DAO embodies a transparent governance mechanism, focuses on community engagement, and provides services that improve various DAO business functions.
OMniverse’s native token, OM, provides a variety of utilities within the ecosystem. Its roles include governance, which allows OM stakers to publish proposals and participate in voting processes, and staking, which allows OM to be staked on MANTRA’s web app or directly on Binance to earn passive yield . This incentivizes OM token holders to contribute and participate in the growth and governance of OMniverse.
