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 based RioChain for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
What are the uses of OM TOKENs?
OM TOKENs are the native cryptocurrency of MANTRA DAO. OM TOKENs plays a key role in expanding and maintaining the overall MANTRA DAO ecosystem.
It has several core functions:
STAKING & LENDING: In addition to staking rewards in different DPoS+PoS assets, depositors of cryptocurrencies in MANTRA DAO will also receive OM TOKENs.
OWNERSHIP & GOVERNANCE: OM TOKENs give voting power over certain economic parameters such as interest rates, level of inflation, ecosystem grant allocations, etc. With the structure of MANTRA DAO being a Foundation, every holder of OM is an owner of MANTRA DAO; the token holders are the owners and are who is able to democratically decide the direction the company should go in!
REPUTATION: OM Tokenholders can grow their reputation via KARMA Protocol and be rewarded for their contributions to MANTRA DAO.
MANTRA POOL: OM Tokenholders will also be able to access MANTRA POOL, which is perpetual savings game that give users the chance to win crypto every week.
Is there a Minimum Staking Amount?
Minimum Staking amounts vary depending on the specific crypto. Min.
What is the Minimum Amount of time I can Stake?
Staking durations vary depending on the specific crypto and PoS or DPoS blockchain.
OM: No Minimum Stake Duration DOT: 28 Day Staking Period KSM: 7 Day Staking Period