$0.9371 +2.23%
Glob. Mkt Cap Rank: No.75
2024-08-07:09:36:37update
24H High
:
7.1114
24H Turnover
:
1.82亿
Max Supply
:
0.0
24H TR
:
3.36%
24H Low
:
6.5548
24H Vol
:
26657393.36
Curr. Issued
:
793991274.0
24H High-Low
:
+8.49%
ATH
:
7.81
Highest Mkt Cap
:
54.14亿
Circulating Supply
:
793991274.0
Dominance
:
0.03%
ATL
:
0.12
Mkt Cap (Float)
:
54.14亿
Circulating Supply
:
89.32%
Issue Date
:
2020-08-18
Introduction
Latest News
News Flash
Basic information
Currency Introduction

MANTRA is a community-governed DeFi platform focused on staking, lending, and cross-chain DeFi products. MANTRA has built a suite of DeFi products including a multi-asset staking platform, a money market lending protocol, a gamified lottery pool, and a stablecoin minting protocol. This suite is currently built on Ethereum but will also develop cross-chain products for Binance Smart Chain, Polygon, and Polkadot in the future.

OM is the native functional token of the MANTRA ecosystem and is used for the following purposes:
Staking: DOT and KSM holders can delegate their assets to MANTRA’s validator nodes and bind their Ethereum addresses to the platform to mine OM tokens.
Lending: Through MANTRA’s over-collateralized money market lending platform, ZENTEREST, users can supply assets to the platform and borrow tokens based on the provided collateral.
Lottery: Users can try their luck with MANTRA POOL by using OM tokens and have the chance to win 25% of this week’s PoS validator rewards.
Governance: OM stakers can submit proposals, participate in governance votes, and suggest changes to various parameters within the MANTRA ecosystem.

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Development History
  • 2024-07-23

    【Taiko Announces Key Protocol Enhancements and Upcoming Upgrades】

    According to Odaily, Taiko has announced significant progress in optimizing its protocol since the mainnet launch. The team has successfully reduced L1 gas costs by over 30% while maintaining contract upgradability. As they continue to refine gas optimization strategies, the focus is now shifting to new features and improvements. Key development areas identified include enhancing L2 EIP-1559, introducing transaction preconfirmation, implementing new transaction types such as Sponsored Transactions, supporting Cancun EVM, enabling contract use of calldata as DA, and improving minimum tier selection. Additionally, the Ontake upgrade will incorporate these features and improvements, with testing on the Hekla testnet planned before October and a mainnet upgrade scheduled for Q4 this year.
  • 2024-07-23

    【XRP Buyers Dominate As Rally Resumes】

    According to CryptoPotato, the XRP rally has resumed this week with buyers continuing to dominate the market. The key support level is identified at $0.54, while the key resistance level is at $0.68. XRP bounced back from the 54 cents support level after buyers rushed in, leading to a price increase of over 10% since that level was tested. As long as this support is defended, the bullish bias remains intact. However, since XRP reached a local high of nearly 64 cents, the trading volume has been decreasing. While this is not currently a major concern, it could become problematic if the trend continues. A decrease in volume could provide an opportunity for sellers to push against the key support level again. A second test of this support level could be interpreted as a bearish signal. Despite the volatility observed in lower timeframes, the weekly MACD (Moving Average Convergence Divergence) remains strong, showing a clear bullish trend with higher highs on the histogram. As long as this bullish momentum continues, XRP has the potential to aim for new highs and challenge the resistance level at 68 cents.
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