MANTRA Finance aims to be a globally-regulated platform that brings the speed and transparency of DeFi to the established yet opaque TradFi world. The platform will allow for users around the world to trade, issue and earn from both digital assets and tokenized securities alike.
DAO stands for ‘Decentralized Autonomous Organization’ and refers to a corporation where the underlying code and the organization’s members are responsible for the direction of the company rather than a central authority. As such, instead of being concentrated, the power is distributed across token holders of DAOs through their publicly viewable votes.
DeFi, short for Decentralized Finance, is an umbrella term for a variety of peer-to-peer financial services, but with the twist that they belong on transparent blockchains. DeFi allows users to most of the things as traditional banks - borrowing, lending, and trading - but as a benefit of being on the blockchain, it is global, pseudonymous, and faster.
A cryptocurrency is a virtual currency in which transactions are secured through cryptography in a decentralized manner rather than by a centralized authority. This makes it almost impossible to double spend and theoretically free from any government manipulation.
Touted as the future of the internet, Web3 is a newer and better version of the internet that uses blockchain technology to empower users by giving them ownership over their digital assets. The term was originally coined by Ethereum co-creator Gavin Wood and is essentially said as being read-write-own as an evolution of Web1 (read-only) and Web2 (read-write).
MANTRA Chain is a vertically-integrated enterprise network for Web3. Built on Cosmos SDK, MANTRA Chain is interoperable with other blockchains in Cosmos with the IBC module and provides fertile ground and developer tools to build anything from NFTs, games, and virtual universes to secure and compliant decentralized exchanges. The blockchain is also EVM compatible bringing the flexibility and reliability of both the Cosmos and Ethereum ecosystems together in a builder friendly environment.
MANTRA Nodes’ validator node business plays an important role in the development of the MANTRA ecosystem, by generating revenue for the business and by providing more pathways for the Sherpa community to grow their cryptocurrency holdings across multiple blockchains. The validator node business helps MANTRA build a presence on new and emerging blockchain networks, opening up opportunities to expand MANTRA’s multi-chain DeFi ecosystem. Operating validator nodes across multiple blockchains is a lucrative enterprise that supports the growth of the MANTRA ecosystem, and also allows it to grow into a larger institutional space.
Since its inception, MANTRA has always focused on involving its community at every stage, and the transparent governance mechanism is the core that brings the people together. To reach a wider community outside of the OMniverse and Sherpas, MANTRA DAO strives to bring this narrative and structure to other projects and their many protocols.
MANTRA DAO offers a range of DAO services that securely increase efficiencies of various DAOs’ business functions ranging from finance to human resources management. DAO solutions include treasury management, DAO issuance & launchpads, DAO governance & grants as well as DAO staking and DeFi.
Some successful DAO partnerships include HeliSwap, the first DEX & DAO on the Hedera network to support swaps between HTS, ERC-20s, and HBAR, and ZENSTAR, the first substrate based money-market built on the Astar network on Polygon.