Mantra DAO is a decentralized finance platform which is governed by the community. The OM token is central to the project’s ecosystem. The currency is used to perform various operations on the platform. Users can utilize OM or other digital assets for staking in order to receive OM rewards. Additionally, users can loan their crypto to other people by employing Mantra DAO's solution and earn interest. OM tokens convey governance rights over Mantra DAO to their holders.
Essentially, OM owners can vote for different changes to the project. Mantra DAO also has MANTRA POOL, a crypto savings game which lets users try their luck at winning a percentage of MANTRA DAO Foundation’s staking rewards. The winners are chosen randomly every week. To participate in the game, users have to burn their OM to get an entry.
OM Payment Benefits:- Availability
OM tokens have a large supply and can be purchased on multiple platforms, including Binance and BitMax. - Low Transaction Fees
Owners of OM tokens can transfer their funds without incurring any major fees. - Quick Transactions
Users can send and receive their OM tokens almost instantly, thanks to blockchain p2p technology.