INTRODUCTION
Decentralized finance (DeFi) is a blockchain-based form of finance that does not rely on centralized financial intermediaries such as banks, exchanges e.t.c to proffer possible solutions to traditional financial instruments, and instead utilizes smart contracts on blockchains. Various projects has been has been utilizing the power of Defi which includes the giant MantraDao.Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to grow wealth together. For the past 365days, OM, the utility token of MantraDao has been experiencing rapid growth from the occasional release of its weekly videos. MANTRADAO, a community-governed Defi platform focusing on the followings;
- Mantra Staking
- Lending
- Governance
LaunchPad
More features about the project and releases can be found on https://www.mantradao.com/#roadmap https://www.mantradao.com/# https://github.com/Mantradao
MANTRADAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together. The great team behind MANTRA DAO is composed of seasoned and smart entrepreneurs coupled with professionals from different countries, industries, and backgrounds and all works of life all coming together with the strategic goal of bringing Defi services to all nuke and cranny of the entire world.
MARKET
The OM token can be found on the below-listed exchanges among others;
•>Binance •>Flybit •>Bithumb •>Poloniex •>Hotbit
ECOSYSTEM PARTNERS
- Kinetic
- Hextrust
- TomoChain
- Terra.money
- KardiaChain
- SOMA
- Quickswap
- Dfyn
- E-Money
- Polygon
- Staking Others include; Halborn, Market, Across, Kyber Network, pixelplex.io, SlowMist, fomocraft.com, Limechain, bcw.group RioDefi Band Protocol Kava Kira Substrate.io Dominus Gen block Capital Genisis, Block Master Ventures, Duck Dao, Vendetta Capital Plutus off-brand. The official announcement of a new project launchpad called ZENDIT, a crypto token launchpad for new projects coming to market. The ZENDIT launchpad utilizes a decentralized fixed swapping protocol that provides transparency on the number of tokens offered during a token launch as well as neutralises the risk of bad actors artificially inflating a token’s price before dumping.
The latest clip of the official mantradao can be found here
