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Cryptocurrency News Articles

Crypto.com Exchange to List MANTRA (OM) on February 20th

Feb 21, 2025 at 02:17 am

The MANTRA project, also known as the OMniverse, is a vertically integrated blockchain ecosystem that has been rebranded and restructured

Crypto.com Exchange to List MANTRA (OM) on February 20th

Crypto.com Exchange is set to list MANTRA (OM) on February 20th. Here's a brief overview of the project and its tokenomics.

The MANTRA project, now known as the OMniverse, has been rebranded and restructured to include a range of new products and services. These services are aimed at both retail and institutional investors and are divided into four main categories: MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO. Each component plays a specific role within the OMniverse, contributing to the creation of a diverse and comprehensive crypto platform.

The OMniverse's four main components drive its operating mechanism. MANTRA Nodes, which serve as the foundation, generate revenue and foster community growth by offering yield-earning opportunities on multiple blockchains, in addition to node management and staking services. The MANTRA Chain, a protocol within the Cosmos ecosystem, facilitates interoperability with other blockchains and aids in the development of secure decentralized applications and exchanges. Combining the speed and transparency of DeFi with the traditional financial world, MANTRA Finance enables non-custodial and permissionless digital asset transactions. Finally, MANTRA DAO, which embodies a transparent governance mechanism, emphasizes community involvement and provides services that enhance the business operations of various DAOs.

The OMniverse's native token is OM, which serves a variety of functions within the ecosystem. Its roles include governance, enabling OM stakers to propose and participate in voting processes, as well as staking, where OM can be directly staked on MANTRA's web app or Binance to earn passive yields. Through these mechanisms, OM token holders are encouraged to contribute to and participate in the OMniverse's growth and governance.

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Other articles published on Feb 22, 2025