MANTRA

The MANTRA (OM) token is the native cryptocurrency of the MANTRA DAO ecosystem. OM holders have voting rights within the DAO, allowing them to propose changes and participate in the platform's development. Users can stake OM to earn passive income, and staking also grants access to new DAO token issuances and airdrops from partner projects. The OM token is also involved in MANTRA's money market protocol, where users can earn interest by supplying crypto assets or obtain loans. Additionally, the Karma Protocol rewards positive contributions to the ecosystem with increased staking rewards, reduced fees, and better loan rates.

The total supply of MANTRA (OM) tokens is 888,888,888, with a current circulating supply of 836,873,350 OM. The token distribution is as follows: 8.5% public distribution, 9% private distribution, 17.5% for the team and advisors, and 35% for the treasury and ecosystem. It's important to note that there is a recent proposal to make OM the primary token for the new MANTRA Chain blockchain, which could potentially involve doubling the total supply to incentivize network participation.

When considering an investment in MANTRA (OM), it's essential to thoroughly research the project, its team, roadmap, and competitive landscape. Evaluate the potential benefits, such as passive income opportunities and governance rights, as well as the risks, including the platform's dependence on the success of MANTRA DAO and competition from other DeFi protocols. Additionally, stay informed about any significant changes, such as the proposed MANTRA Chain integration, which could impact the token's tokenomics and future performance.