What is MANTRA DAO? The MANTRA DAO is a decentralized application being built on the Rio Chain. The Rio Chain is a Substrate-based blockchain infrastructure that is interoperable with the Polkadot network. The MANTRA Dao hopes to address key issues f...Moreacing traditional blockchains while hoping to bring mass adoption to the DeFi ecosystem. This application is a project that is initiated by the MANTRA DAO foundation. The MANTRA DAO foundation was created in order to maintain their platform and also assist OM token holders. OM token holders are beneficiaries of the foundation and also have governing rights on the platform. The platform is a fully integrated ecosystem of decentralized financial services that is built on interoperable technologies and controlled by the public. The overall governance mechanism of the platform is decided upon by the platform’s digital token, OM. The OM token allows holders to participate in making decisions that will affect the parameters of the system. Users who contribute to the system will also receive rewards via OM token and provided access to various economic incentives. This platform also supports the Karma Protocol. The Karma Protocol is a reputation mechanism that helps assess the participants’ behavior within the ecosystem and also keeps track of the OM holders’ performance
A quick snapshot of MANTRA DAO ROI (return on investment) over different time periods.
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Check the historical data and price changes on Coingecko.com
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Project announcements and news have a significant impact on the price. Below are live updates from MANTRA DAO's Twitter and Reddit accounts.
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