🔗 What Is Mantra?
MANTRA is a Layer 1 blockchain platform designed to bring real-world assets (RWA) on-chain with a focus on regulatory compliance, institutional adoption, and tokenization of traditional financial assets like real estate, commodities, or securities. It’s built using the Cosmos SDK and IBC (Inter-Blockchain Communication) protocol, which supports interoperability with other blockchains. �
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The native token of the ecosystem is $OM, which has multiple roles including:
Staking to secure the network,
Governance voting rights,
Fee payments for transactions and smart contracts. �
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Mantra also launched mantraUSD, a regulated stablecoin backed by short-term US Treasuries to support on-chain liquidity and real-world use cases. �
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🚀 Why Mantra Was Trending / Hyped
1. Real-World Asset Tokenization Focus:
Mantra aims to bridge traditional finance (TradFi) and decentralized finance (DeFi) by enabling compliant tokenization — a massive market potentially worth trillions. Its regulatory-focused design was seen as a differentiator compared to many other blockchains. �
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2. Regulatory Identity Features:
The project includes Decentralized Identifiers (DIDs) for streamlined identity and KYC/AML compliance across applications, which appeals to institutional participants. �
3. Strong Partnerships & Dubai License:
Mantra secured a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority and reported major partnerships (e.g., DAMAC Group’s real estate tokenization deals), boosting confidence in its institutional narrative. �
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4. High Throughput & Interoperability:
Built with Cosmos technology, the chain aims to support high transaction capacity and seamless asset movement across networks. �
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What $OM Is Used For
Governance: Token holders can vote on protocol changes and ecosystem funding. �
Staking & Rewards: NFTs or validator participation can earn yield and secure the network. �
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