Real-time OM price analysis
The current price of MANTRA DAO in real time is US$0.2194and its trading volume is equal to US$19,465,655 in the last 24 hours. OM price has fell on
1.00%
on the last day and decreased by
6.54%
in the last 7 days. It is important to note that the current market capitalization of MANTRA DAO is US$174,194,444Speaking of working resources, OM 793 991 274 coins. Currently, MANTRA DAO’s market rating is #251.
MANTRA DAO price today
74.83%
below
always on top and that’s it
3482.37%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling OM are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is MANTRA DAO?
MANTRA DAO (OM) is a blockchain-based decentralized finance (DeFi) platform for cryptocurrency trading. The community-driven protocol offers services such as lending and borrowing, staking, and a decentralized launchpad. The platform is supported by its own OM token. You can check the current price of OM on the MANTRA DAO price chart above.
The protocol aims to create a universal platform that puts users at the center of attention. Users can lend, stake and buy cryptocurrency on MANTRA. In addition, they can invest in new projects. Overall, the community takes part in the governance of the protocol, determining the direction of the project.
Well, up to this point, MANTRA DAO may sound like any other decentralized autonomous organization (DAO) project. And you may be wondering, among over 1000 DAO projects, what makes MANTRA DAO different?
The main feature of MANTRA DAO is its governance structure and reputation protocol. Many DAO protocols lack an effective governance structure to incentivize users. The MANTRA DAO crypto project can solve this problem. OM holders have the opportunity to earn KARMA points, which encourage community participation. Users can earn these points for various activities and redeem them by entering MANTRA Pool. The pool provides rewards to users, including increased interest rates and reduced betting fees.
The platform also boasts of an easy-to-use user interface suitable for everyone, including beginners.
Who founded MANTRA DAO?
The MANTRA DAO cryptocurrency was launched in 2020 by a team led by Wil Corkin, John Patrick Mullin and Rodrigo Quan Miranda. Will is a blockchain and FinTech entrepreneur in the cryptocurrency and tokenized securities markets. He has extensive experience: he has helped structure and launch more than 20 blockchain companies. John Patrick is another fintech entrepreneur and tokenization expert. He was also previously involved in Trade.io, a crypto exchange and advisory firm. Rodrigo Kuan Miranda, on the other hand, is a former investment banker from Hong Kong. He co-founded several companies in the finance and technology fields.
Use cases for OM tokens
The MANTRA DAO coin is both a utility and governance token. It powers almost all activities on the blockchain. You can stake a MANTRA DAO token to earn passive interest. In addition, you can lend your tokens through lending pools and earn decent interest. There is also a MANTRA DAO token. earns you Karma pointswhich reward your activity on the platform.
If you are planning to purchase OM tokens, be sure to analyze the MANTRA DAO price chart. It shows both the previous and current OM price.
Tokenomics of MANTRA DAO
MANTRA DAO tokens were launched with a maximum supply of 888.88 million OM. 53% of the maximum OM is allocated to ecosystem rewards, team, consulting, grants, recommendations and reserve. Additionally, it is important to note that the project is buying back 1% of the total supply of OM tokens to prevent the price of MANTRA DAO from declining.
What is the trading volume of MANTRA DAO in the last 24 hours?
OM has trading volume US$19,465,655 in the last 24 hours.
What is the highest price for MANTRA DAO?
OM has the highest price $0.8716which was achieved at March 15, 2021 (2 years 11 months ago).
What is the lowest price for MANTRA DAO?
OM has the lowest price $0.0061which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are best for buying and selling OM?
Currently the most active and dominant exchanges for buying and selling MANTRA DAO are Binance, Kraken & Kucoin. The most popular MANTRA DAO trading pairs OM/USDT
(on
Binance
),
OM/BTC
(on
Binance
),
OM/USDT
(on
Billiards
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the most secure hardware wallets for storing OM?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage MANTRA DAO. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
