OM

MantraDAO price

OM
USD
USD
$0.74448
+1.42%
1h
24h
1W
1M
1Y
All

MantraDAO price live data

The current price of MantraDAO is $0.74448. Since 00:00 UTC, MantraDAO has increased by +1.43%. It currently has a circulating supply of 819,735,370 OM and a maximum supply of 888,888,888 OM, giving it a fully diluted market cap of $609.97M. At present, MantraDAO holds the 78 position in market cap rankings. The MantraDAO/USD price is updated in real-time.

MantraDAO price performance in USD

Time periodChange amount%Chg
Today$0.010490 +1.42%
7 days$0.059680 +8.71%
30 days$0.064890 +9.54%
3 months$0.50504 +210.92%

MantraDAO market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.70678
Last price $0.74448
24h high$0.77410
Heat index ranking
83
Market cap ranking
78
Market cap
$609.97M
Favorited rate
Percentage of users who favorited this asset to all users
1.17%
All-time high
$1.0484
-28.99% (-$0.30390)
Apr 12, 2024 (1 month ago)
All-time low
$0.017270
+4,210.82% ($0.72721)
Oct 12, 2023 (7 months ago)
ICO date
08/18/2020
ICO price
The price at which this crypto was first traded
$0.20000
Circulating supply
The amount of this crypto that is publicly available in the market
819,735,370 OM
Market cap at circulating supply
Market cap = Circulating supply × Last price
$661.42M

About MantraDAO (OM)

In pursuing true decentralization, community building is an essential cornerstone. This understanding has spurred the emergence of decentralized autonomous organizations (DAO). An exemplar of this concept is MANTRA DAO, an integral component of the MANTRA ecosystem.

What is MANTRA

MANTRA (previously known as MANTRA DAO) is a community-governed decentralized finance (DeFi) platform that specializes in staking, lending, and governance. It functions as a hub where the community not only influences the project's future changes through voting but also gains rewards. Operating on Parity Substrate for the Polkadot ecosystem, MANTRA DAO aims to establish a community-driven, transparent, and decentralized ecosystem for Web3 to empower individuals with financial control and collective wealth growth.

The MANTRA team

MANTRA was co-founded by Will Corkin, John Patrick Mullin, and Rodrigo Quan Miranda. Will Corkin is a blockchain and fintech entrepreneur with a substantial background in crypto and tokenized securities markets. John Patrick Mullin brings expertise as an educator and tokenization specialist in Hong Kong. Rodrigo Miranda, a former Hong Kong-based investment banker, transitioned to emerging technologies and founded Moon Street Ventures.

How does MANTRA work

Central to MANTRA's approach lies a dedicated commitment to community engagement. This dedication is reflected in a transparent governance mechanism that fosters unity and collaborative decision-making. Within this framework, the platform offers a diverse array of DAO and DeFi services, carefully designed to bolster security while simultaneously presenting avenues for earning. These services include essential aspects such as treasury management, launchpad and issuance control, DAO governance, and grants, among other offerings.

MANTRA’s governance token: OM

MANTRA DAO introduced its native token, OM, in mid-August 2020. It has a max supply of 888,888,888 OM tokens, equivalent to its total supply. OM has various applications such as staking, yield farming, lending and borrowing, governance, and voting.

OM distribution

OM is distributed in the following way:

  • 8.5 percent allocated to the public through a public sale
  • 9 percent distributed via a private sale
  • 17.5 percent retained by the team and advisors
  • 30 percent designated for staking rewards
  • 12.5 percent assigned to referrals
  • 10 percent allocated to the reserve
  • 12.5 percent set aside for grants

OM FAQ

What is MANTRA?

MANTRA is a DeFi platform emphasizing community-driven governance, staking, lending, and more. It operates on Parity Substrate for Polkadot, aiming to create a decentralized financial ecosystem.

How does MANTRA work? 

MANTRA employs transparent governance and offers various DAO and DeFi services, including treasury management, launchpad, DAO governance, staking, lending, and more, involving users in decision-making and financial activities.

Where can I buy OM tokens?

You can buy OM tokens on a number of different spot trading markets. One example is OKX TR crypto exchange, which offers OM/USDT trading pair.

If you wish to purchase OM with fiat currencies, OKX TR has an “Express Buy” option that comes in handy. The platform also lets you use the Convert feature to convert your excess holdings to OM. Alternatively, if you want to convert OM into fiat, you can use the OKX TR crypto calculator to check the conversion rates.