MANTRA coin is the native cryptocurrency of Mantra, a vertically integrated ecosystem and a pioneer in innovating the approach to trading digital tokens.
It is the first layer 1 RWA blockchain capable of adhering to and complying with real-world regulatory requirements.
The permission less network empowers developers and makes life easier for users by reducing both costs and process complexities.
Below, you can see how this blockchain works, why it is considered so innovative and what are the advantages of investing in the native token.
Omniverse
Mantra's broad ecosystem is called OMniverse. It is divided into four subgroups, which encompass a variety of products and services: Mantra Nodes, Mantra Chain, Mantra Finance and Mantra DAO. Read more details below.
Mantra Nodes
Mantra Nodes are the most important part of the ecosystem. The goal is to generate revenue and offer more profitability across multiple blockchains. The operation is similar to that of an IaaS (infrastructure as a service), allowing transactions from validator nodes for individuals and legal entities.
Mantra Chain
Mantra Chain is the blockchain that has interoperability with other networks in the Cosmos ecosystem and compatibility with Ethereum. Through it, it is possible to develop a series of solutions, such as decentralized applications (DApps) and Web3 games.
One of the innovative aspects of Mantra Chain is the decentralized identification modules (DIDs). They make developers' work easier and make product development safer.
On the network, transactions are low cost, fast and secure. This is because operations are optimized both on-chain and cross-chain, powered by the Internet of Blockchains (IBC).
Mantra Finance
Mantra Finance is the DeFi (decentralized finance) element of the ecosystem. The goal is to bring more speed and transparency to financial services, allowing users to trade, issue and profit from crypto assets.
Mantra DAO
Mantra DAO is the network’s governance protocol. From the beginning, the objective was to create and maintain an engaged community, which actively participated in decision-making and project administration.
MANTRA coin
MANTRA coin is the network's native token. It has several roles in the ecosystem:
- governance: holders have the right to suggest, vote on decisions that dictate the direction of the platform and actively participate in governance, including in relation to the development of new products;
- staking: network users can stake MANTRA coin via the network app to earn passive income;
- access to partner tokens: users who stake MANTRA coin have easy access to new token issuances and airdrops of partner tokens.
Monitor the MANTRA coin price in real time
Now that you know the innovative features of the Mantra ecosystem and the advantages of investing in the native token, it's time to follow the price of MANTRA coin.
At NovaDAX, you will find charts updated in real time with all market movements. There, you can monitor the prices of the main cryptocurrencies, compare performances and identify the best time to buy or sell.
Invest in MANTRA coin at NovaDAX
If you want to invest in MANTRA coin, but don't know where to start, know that the token is already listed on NovaDAX with complete security, transparency and practicality. Simply create your account, transfer the funds necessary to purchase the asset and choose where to invest.
Enter the promising cryptocurrency market, diversify your portfolio and increase your return potential. Create your free account at NovaDAX to invest in MANTRA coin and other crypto assets right now.
