MANTRA DAO Weekly Review #11

Published on September 24th 2021

Token holder stats -

No. of OM stakers

  • 2,688 (ETH naked staking) ( — 64)
  • 79 (ETH LP staking); ( — 1)
  • 342 (BSC naked staking) ( + 11)
  • 74 (BSC LP staking) ( + 2 )
  • 202 (Polygon naked staking) ( + 14)
  • 22 (Polygon LP staking) ( — 2 )

ETH — Naked Staking

50.07M OM ( — 0.04M) — USD $12.05M ( + 0.39M)

ETH LP Staking

3.45M OM ( — 0.31M) — USD $0.83M ( — 0.05M)

BSC Naked Staking
8.58M OM ( + 0.39M) — USD $2.07M ( + 0.15M)

BSC LP Staking

1.04M OM ( — 0.09M) — USD $250K ( — 0.01M)

Polygon Naked Staking
6.7M OM ( — 0.05M) — USD $1.61M ( + 0.03M)

Polygon LP Staking
0.92M OM ( — 0.13M) — USD $220K ( — 0.02M)

OM Supplied on ZENTEREST — The trend of removing supply from ZENTEREST to stake on our new pools on Polygon and BSC continues (see the table at the end for current APYs)

  • No. of zenOM holders — 435 ( — 15)
  • $7.97M worth ( — 0.26M)
  • 33.2M OM ( — 2.1M)
  • 120,302 OM bought with 30,000 USDT
  • Total OM bought back — 4.8M OM
  • 4,000 USDT — ETH
  • 4,000 BUSD — BSC
  • 7,548 OM spent — ETH
  • 15,236 OM spent — BSC
  • Total OM spent on MANTRA Pool on both ETH and BSC : 1.5M OM (ETH: 1.2M; BSC: 0.24M)
  • Total rewards provided: USD $139,000 + 86.58 ETH

Launched Octane Finance (BSC)

  • ​​450,450 OCTANE Sold — BUSD $150,000
  • Price per token: BUSD $0.333
  • Total Participants: 238

Launched Weld Money (BSC)

  • ​​1,600,000 WELD Sold — BUSD $120,000
  • Price per token: BUSD $0.075
  • Total Participants: 167

USD $96.6M ( — 2.7M)

  • ETH — USD $93.47M ( — 1.02M)
  • BSC — USD $6.53M ( + 2.55M)
  • Polygon — USD $1.78M ( — 0.04M)
  • USD $240M worth of Assets under Delegation ( — 32M)
  • Revenue from Nodes this week — 62K ( — 8K)

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focused on Staking, Lending, Governance, and Launchpad Services. Its objective is to give financial control back to the people, so that as a collective, they may store and grow their wealth together. The MANTRA DAO team aims to leverage crowd wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Started with the goal of building on Substrate as a Polkadot-first project, it is now a multi-chain ecosystem offering services on Ethereum, Binance Smart Chain, and Polygon.

Website |Whitepaper |Telegram |Medium |Twitter | LinkedIn | Github

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MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem.

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MANTRA

MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem.