MANTRA

MANTRA (OM)

Full information about MANTRA (OM). Current MANTRA price in XOF, OM open/close rates, MANTRA history charts, MANTRA market capitalization and volume.

1 OM = 706.96 XOF CFA Franc BCEAO (XOF)
1.2273110 XOF

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 576.024904 XOF

General information
Global rank:68
Name: MANTRA MANTRA
Symbol:OM
Current coin price (XOF):706.96 XOF
Last hour:arrow_upward0.880 %
Last 24 hours:arrow_upward0.720 %
Last 7 days:6.02 %trending_up
Capitalisation (XOF):600 545 099 280.05 XOF
Volume 24h (XOF):12 273 288 322.32 XOF
Available supply:849 473 306.00 OM
Total coin supply:-1 OM
Start date:2020-12-17
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago

MANTRA/CFA Franc BCEAO (OM/XOF) price chart

MANTRA/CFA Franc BCEAO (OM/XOF) capitalisation and volume charts

What is it?

MANTRA (OM) is an ERC-20 token, which means it's built on the Ethereum blockchain. It serves as the native token for the MANTRA DAO platform.

MANTRA DAO is a decentralized autonomous organization (DAO) focusing on staking, lending, and governance. It aims to provide a community-governed platform where users can engage in decentralized finance (DeFi) operations, while also having a say in the governance and decision-making processes of the platform.

What is it used for?

The OM token is multi-faceted in its utility within the MANTRA DAO ecosystem:

  • Staking: Users can stake OM tokens to earn rewards.
  • Governance: OM token holders have the ability to participate in governance proposals and decision-making processes.
  • Lending & Borrowing: The token can be used within the platform's lending and borrowing mechanisms.
  • Ecosystem Incentives: OM is also used for various incentives within the ecosystem, such as rewarding users for participation and collaboration.

Who created it?

MANTRA DAO was created by John Patrick Mullin. John Patrick Mullin is a FinTech entrepreneur, investor, and educator based in Hong Kong.