Mantradao is a great project and looks like its setting up for a moonshot.
Closer look at OM-ETH pair provides us the following information:
After a bit painful last 6.5 months, seems like time has come for OM (Mantra) to turn the tides.
It broke out above all MAs on a daily and is ranging in line with upper Bollinger band trendline.
High surge in volume, more money than ever is coming in and this indicates a parabolic move is on the way.
First minor resistance is awaiting us around 40% up from here, but is nothing meaningful at all.
You can stake this token for 30% yearly APY, what's much funnier is, it was 88% APY for the early-bird stakers (First year). To some experienced defi chads this might not sound like a lot but to an average ear it might sound impossible.
Nevertheless, staking or not, its still a great trading opportunity in my eyes.
...which can be seen even clearer if we zoom out a bit:
This is a potential 1000% move, and when it gets there, it won't stop.
Mantradao is a community-governed defi built on Parity Substrate for the Polkadot ecosystem. (Mantradao)