WHAT IS MΛNTRΛ DΛO?
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance.
MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
BUILT ON RIO CHΛIN FOR POLKΛDOT
To support its ecosystem of financial products, MANTRA DAO uses Rio Chain, a Substrate-based blockchain that is highly secure, scalable, and will connect to the Polkadot network
To ensure scalability, security, speed (2s/block), and transaction throughput (up to 3,000 TPS), the Rio Chain adopts a federated model
Rio Chain’s infrastructure efficiently connects organizations (banks, merchants, dApps) with users across multiple blockchains
- Virtual Machine Interpreter supports Web Assembly
- Light client requirements
- Customizable consensus algorithms
MANTRA DAO has participated in token launches and fostered partnerships with many of the fastest growing crypto projects in the world. Our track record of early partnerships & investments includes the likes of Polkastarter, Bondly, Royale Finance, Kira Network, e-Money, Fuse Network, NGM, Lepricon, Finxflo, and most recently DAOventures.
We are committed to providing maximum support to our partners to help them succeed in their token launch goals by ensuring all projects that work with us have the tools, resources, and marketing support they need.
As an umbrella of DeFi services, MANTRA DAO has a large community of users holding OM tokens and using a multitude of MANTRA DAO products. These include- staking, ZENTEREST, MANTRA POOL, and our upcoming KARMA protocol.
Each new project launched on ZENDIT will be carefully curated by the MANTRA DAO Council and will undergo internal vetting before approval to allow only the best projects that pass our requirements to launch.
In addition to launching projects, MANTRA DAO will also be preparing allocation, and be participating in token launches alongside our Sherpas.
As a chain agnostic platform, MANTRA DAO will soon have multi-chain support on multiple scalable and low-cost blockchain networks. These subsequent network launches will be announced shortly.
We will be integrating our NFTs to ZENDIT and will be releasing launchpad specific NFTs that will act as extra limited edition lucky draw rewards to those who participate in any ZENDIT project.
We are incredibly excited as we are preparing for our first ZENDIT project that will be announced in the coming days! 2021 is gearing up to be an amazing year for Sherpas as we continue our path to become the go-to platform for DeFi services!