How is MANTRA used?
The crypto MANTRA (OM) is used in various ways within the MANTRA ecosystem:
Governance: OM token holders have voting rights within the MANTRA DAO, allowing them to propose changes, participate in votes, and influence the development of various products across the OMniverse (Mantraâs interconnected ecosystem).
Staking: OM can be staked to earn passive income. Users can stake directly on the MANTRA web app or through centralized exchanges. Staking OM grants special access to new DAO token issuances and airdrops from partner DAOs, providing OM holders with the potential to earn additional rewards from emerging projects within the DeFi space.
Access and Incentives: Staking OM offers access to new DAO token issuances and airdrops from partner DAOs, providing OM holders with the potential to earn additional rewards from emerging projects within the DeFi space.
Earning Interest: The OM token is involved in MANTRAâs money market protocol. By supplying crypto assets, users can earn interest on their holdings, and lenders can passively grow their wealth while providing borrowers with liquidity.
Karma Points: OM is connected to MANTRAâs unique Karma Protocol, a reputation system that rewards positive contributions to the ecosystem. Users with a higher Karma score can benefit from increased staking rewards, reduced fees, and better loan rates.
Lending and Borrowing: OM is used in MANTRAâs lending and borrowing protocols, allowing users to borrow and lend crypto assets across blockchains.
DAO Access and Airdrops: OM holders have access to new DAO token issuances and airdrops from partner DAOs, providing them with additional earning opportunities.
