DeFi- MantraDao- $OM V2 staking platform

Decentralized Finance AKA DeFi is an overall term for services like lending, investing, borrowing, decentralized trading, non-third party infrastructure.

Cryptocurrencies and blockchain brought the innovation on how the global economy can be democratized.

Questions where asked, DeFi brought the answer.

MANTRA DAO is a community-governed project, with DeFi features such as Staking, Lending, and Governance.

MANTRA DAO leverages the crowd’s wisdom to create a community-governed ecosystem with transparency and decentralization. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people by helping them store and grow their wealth together.

MANTRA DAO is built on Rio Chain, a Substrate-based blockchain with high security, accessable, and will connect to the Polkadot network.

Key features of MantraDao includes:

• Staking
• Lending
• Governance
• Borrow
• Karma
• Mantra Pool.

MANTRA DAO staking platform was launched on the 1st of October last year. With aim to hand financial control back to the people. The platform provides the community with an avenue to participate and earn daily passive rewards in the broader DeFi and PoS cross-chain space.

MantraDao staking platform has enhanced the utility of the native token, $OM, in a decentralized, non-custodial way.

Holders of $OM are oppurtunte to stake their tokens and earn rewards in a non-custodial manner, by interacting with an on-chain smart-contract. The platform is an awesome user interface.

December last year, MANTRA DAO’s $OM Token V2 and staking pool V2 was launched.

Of course users where airdropped with $OM, as compensation for the gas fee used to migrate to the V2 staking pool.

On the MantraDao V2 staking platform users can choose to either stake or claim rewards at any point once they have been accrued.

Users can also unstake their tokens at any point in time, there is no minimum or maximum staking duration for the $OM token staking.

The MantraDao staking platform is just one of the numerous DeFi features on the MANTRA DAO ecosystem. In addition to the $OM staking services, a vigorous roadmap still sees many of the MANTRA DAO features ahead that will truly set the ecosystem forward through: lending, borrowing, KARMA Protocol, MANTRA POOL, and other services.

You can join the MantraDao V2 staking platform HERE.

You can also read more about MantraDao and it's other features HERE. Also check on Whitepaper | Telegram | Medium | Twitter | LinkedIn

This is a great opportunity to gain total control over your wealth and earn passively, don't sleep on this.