Mantra: everything you need to know about OM

What is Mantra

MANTRA (OM) is a Layer 1 blockchain focusing on the tokenization and trading of real-world assets (RWA's) within a decentralized financial (DeFi) ecosystem. The platform aims to comply with regulations and provides a secure environment for both developers and institutional users.

How does Mantra work?

Mantra uses the Cosmos SDK, making it compatible with the Inter-Blockchain Communication (IBC) protocol and supporting CosmWasm. The network is secured by its own Proof-of-Stake (PoS) validator set and can scale up to 10,000 transactions per second. This infrastructure enables developers to build decentralized applications (dApps) that comply with legal requirements.

The OM token.

The native token of the MANTRA ecosystem is OM. OM is used for transactions within the network, staking, governance, and as a reward mechanism. Holders of OM tokens have voting rights within the MANTRA DAO, allowing them to participate in decision-making and influence the future of the platform.

The technology behind Mantra

Mantra is built using the Cosmos SDK, which ensures interoperability with other blockchains through the IBC protocol. Support for CosmWasm enables the implementation of smart contracts, enhancing the functionality and flexibility of the platform. This technological foundation provides a scalable and secure environment for the development and execution of DeFi applications.

The Mantra ecosystem

The Mantra ecosystem includes several components, including:

• Mantra DAO: A decentralized autonomous organization that manages the platform's governance.
• Mantra Nodes: An infrastructure-as-a-service that provides retail staking, institutional delegation, and node management.
• Mantra Chain: A protocol for regulated assets within the Cosmos ecosystem.
• Mantra Finance: A globally regulated DeFi platform that brings the speed and transparency of DeFi to the traditional financial world.

Benefits of MANTRA

• Regulatory compliance: MANTRA is designed to comply with legal requirements, making it attractive to institutional users looking for compliant DeFi solutions.
• Scalability: With the ability to process up to 10,000 transactions per second, the platform is suitable for large-scale applications.
• Interoperability: Thanks to the Cosmos SDK and IBC compatibility, MANTRA can communicate with other blockchains, increasing flexibility and integration capabilities

Disadvantages of MANTRA

• Complexity: The focus on regulatory compliance and the integration of real-world assets can lead to complexity in implementation and use.
• Competition: The DeFi space is highly competitive, with many projects offering similar services, which can pose a challenge in attracting users and liquidity.

Who is the founder of MANTRA?

MANTRA was co-founded by John Patrick Mullin, Will Corkin, and Rodrigo Quan Miranda. These founders have worked together on the development and launch of the platform, with the aim of bridging the gap between the traditional financial world and the emerging DeFi sector.

Expectations for the near future

Experts expect a minimum price of €22.390 in 2027 and a minimum price of €74.060 in 2032.

Frequently asked questions