Mantra DAO (OM) is a decentralised finance (DeFi) platform built on the RIO chain, a blockchain technology company based on the ParitySubstrate. It has a particular focus on lending, staking, incentives and self governance.
Users who participate in either staking or lending digital assets on the Mantra DAO platform will receive the OM token. OM is a native utility token which is used to govern the DAO and was issued as an ERC-20 token, however, the platform plans to move it to the Polkadot platform. Users can receive OM rewards by staking Polkadot (DOT) and the asset itself. Participants with OM tokens are given voting power and can influence proposals and decisions to change the system parameters.
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