Summary

MANTRA is a vertically integrated blockchain ecosystem. MANTRAOMniverse includes DAO, MANTRA nodes (blockchain infrastructure as a service business), MANTRA chain (a protocol for various assets in the Cosmos ecosystem), and MANTRA Finance (a DeFi platform that brings DeFi speed and transparency to the TradFi field).

Introduction

MANTRA was released in 2020 and is a vertically integrated blockchain ecosystem. Formerly known as MANTRA DAO, this ecosystem is known for open, honest cryptocurrency trading, funding methods, and innovation, all as part of its goal to be the first to enable personal, safe, and reliable cryptocurrency trading.

What is OMniverse?

MANTRA was reorganized while changing its name, becoming an all-encompassing MANTRA ecosystem, and Called OMniverse. OMniverse consists of four stacks, which include the various products and services offered by MANTRA to retail and institutional investors. The four stacks are MANTRA node, MANTRA chain, MANTRA finance and MANTRA DAO. Each stack contains a series of innovative products within the MANTRA ecosystem.

MANTRA Node

MANTRA nodes are the cornerstone of the vertically integrated stack, and the stack is the foundation of OMniverse. The main function of node operation is to generate income for enterprises, provide more income-generating opportunities through cross-chain, and increase the community property of Sherpa people. In addition, these validator nodes support MANTRA in establishing a presence on new and emerging blockchain networks and develop MANTRA into a larger ecosystem in the institutional space. Additionally, it increases the opportunity to expand the MANTRA multi-chain DeFi ecosystem.

MANTRA also provides infrastructure as a service (IaaS), that is, MANTRA can set up validator node operations for both institutions and individuals. The MANTRA node service series also includes node management, retail staking (on-chain and off-chain), institutional nodes, and cloud/white label node development and deployment.

MANTRA chain

MANTRA chain is the protocol of the Cosmos ecosystem. It interoperates with other blockchains in Cosmos with IBC modules, providing developer tools and opportunities to build everything from games to web3 applications for secure, decentralized exchanges (dex). This network is also EVM compatible, integrating the flexibility and reliability of the Cosmos and Ethereum ecosystems into a builder-friendly environment.

MANTRA chain also utilizes a powerful decentralized identity (DID) module to meet all identity authentication and anti-money laundering needs. This module helps in the development of various products leveraging enhanced capabilities and ecosystem.

MANTRA Finance

MANTRA Finance aims to be a platform that enables the speed and transparency of DeFi in the already established but opaque TradFi space. The platform supports global users to trade, issue and operate digital assets in a non-custodial and permissionless manner.

MANTRA DAO

Since its inception, MANTRA has been focused on involving the community at all stages, and transparent governance mechanisms are at the core of bringing people together. To reach the wider community beyond OMniverse and Sherpas, M DAO strives to introduce this plot and structure to other projects and numerous protocols.

This stack provides DAO services that can securely improve the efficiency of various DAO business functions from finance to human resources management. For example, some DAO solutions include treasury, DAO issuance and launchpad, DAO governance and grants, and DAO staking and DeFi.

Some of the successfully established DAO partnerships include HeliSwap and ZENSTAR. HeliSwap is the first DEX and DAO on Hedera; ZENSTAR is the first. A matrix-based currency market built on Polkadot’s Astar network.

OM Token

OM is the native token of OMniverse and has multiple uses, including:

Governance - OM stakers can publish proposals, participate in governance voting, and contribute to various products in each OMniverse Provide suggestions for development.

Staking: You can directly stake OM on MANTRA’s web application or Binance to obtain passive income.

DAO Token Access/Airdrop Rewards: OM stakers enjoy special access to new DAO token issuances and can also cooperate with DAO token airdrops.

Now that you understand the basic stack that makes up the MANTRA ecosystem, let’s take a look at how to buy MANTRA tokens on Binance OM.

How to buy OM on Binance?

1. Log in to your Binance account and enter [Trading] -> [Spot].

2. Enter "OM" in the search bar to view the available trading pairs. Let’s take OM/BUSD as an example.

3. Enter the quantity of OM you want to purchase in the [Spot] box. In this example, we use market orders to illustrate. Click [Buy OM] to confirm your order, and the purchased OM will be deposited into your spot wallet.

How to stake OM on Binance?

1. Log in to your Binance account and enter [Financial Management] -> [Binance Financial Management].

2. Type "OM" in the search bar to view the available staking periods (30 days, 60 days or 90 days) , and then click [Stake Now].

4. Enter the amount of OM you wish to stake and click [Confirm].

Summary

Although MANTRA’s goal is to create a safe and reliable personal ecosystem for users, but please remember: the cryptocurrency industry also has risks. Familiarity with MANTRA's infrastructure will help you understand the services provided by OMniverse.