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Cryptocurrency News Articles

MANTRA (OM) to Host Community Call on June 27th, Will Discuss Integrations, Development, and Ecosystem Updates

Jun 24, 2024 at 03:18 am

MANTRA will host a community call featuring the CEO and co-founder on June 27th at 12:00 UTC.

MANTRA (OM) to Host Community Call on June 27th, Will Discuss Integrations, Development, and Ecosystem Updates

Cryptocurrency project MANTRA will be hosting a community call on June 27 at 12:00 UTC, featuring the CEO and co-founder. The session will cover integrations, development, and updates on the ONDO, SwissBorg, and Zoth ecosystems, among others.

Here’s the official tweet by OM:

OM Info

The MANTRA project, also known as the OMniverse, is a vertically integrated blockchain ecosystem that has been recently rebranded and restructured to integrate a diverse range of innovative products and services. These services cater to 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 fulfills a specific function within the OMniverse, collectively forming a multi-faceted and comprehensive crypto platform.

The operation of the OMniverse is centered around its four key components. MANTRA Nodes, the foundational stack, provide revenue generation and community growth through yield earning opportunities on multiple blockchains, along with node management and staking services. The MANTRA Chain is a protocol in the Cosmos ecosystem that enables interoperability with other blockchains and facilitates the creation of secure decentralized applications and exchanges. MANTRA Finance aims to integrate the speed and transparency of DeFi with the traditional financial world, enabling non-custodial and permissionless digital asset transactions. Finally, MANTRA DAO, embodying a clear governance mechanism, prioritizes community involvement and provides services that enhance the business operations of multiple DAOs.

OM, the native token of the OMniverse, serves multiple utilities within the ecosystem. Its functions include governance, enabling OM stakers to generate proposals and participate in voting processes, and staking, where OM can be directly staked on MANTRA’s web app or Binance to generate passive yields. In this way, OM token holders are encouraged to contribute to and participate in the growth and governance of the OMniverse

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