Following our successful DeFi Listing Week last week, we couldn’t help ourselves but to add another new DeFi token into the mix. We’re excited to add MantraDAO (OM) to Poloniex as soon as it launches today! OM joins our 30+ other DeFi assets in our Innovation Zone, including our newest additions during DeFi Listing Week: BAND, BAND, DOS, DIA, ZAP, sBREE, PERX, TRB, DEXT, MCB, and CRV.
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What is MantraDAO?
MantraDAO is a community-governed DeFi Decentralized Autonomous Organization (DAO) that is focused on providing access to staking, lending, and governance mechanics across multiple chains. While MantraDAO will initially be deployed on Rio Chain, a Substrate-based blockchain with future connectivity to the Polkadot network, MantraDAO has also issued a token on the Ethereum blockchain as an ERC-20. OM is the native token of the MantraDAO ecosystem and serves as a staking token, a governance token, and an incentive token for making positive contributions to the ecosystem. OM is currently listed as an ERC-20 on Poloniex. Deposit OM now and begin trading.