MANTRA DAO Weekly Review #21

Validator Update

Rewards:

  • DOT rebalanced to 150,000 $OM per month
  • KSM rebalanced to 150,000 $OM per month

Commission rates:

  • LUNA: from 8% to 2%
  • ATOM: from 10% to 0%

OM holders on ETH, Polygon and BSC —
Token holder stats -

Staking

No. of OM stakers

  • 2,487 (ETH naked staking) ( — 5)
  • 77 (ETH LP staking) ( — )
  • 498 (BSC naked staking) ( + 25)
  • 76 (BSC LP staking) ( + 1)
  • 290 (Polygon naked staking) ( +9)
  • 29 (Polygon LP staking) ( — )

ETH — Naked Staking

40.5M OM ( — 4.07M) — USD $9.55M ( — 1.19M)

ETH LP Staking

3.55M OM ( + 0.07M) — USD $0.83M ( — 0.01M)

BSC Naked Staking
8.54M OM ( — 0.26M) — USD $2M ( — 0.12M)

BSC LP Staking

0.47M OM ( — 0.05M) — USD $110K ( — 0.02M)

Polygon Naked Staking
8.54M OM ( — 0.54M) — USD $1.93M ( — 0.26M)

Polygon LP Staking
1.1M OM ( + 0.11M) — USD $260K ( + 0.02M)

ZENTEREST
OM Supplied on ZENTEREST — The trend of removing supply from ZENTEREST to stake on our new pools on Polygon and BSC continues (see the table at the end for current APYs)

  • No. of zenOM holders — 420 ( + 5)
  • $7.98M worth ( — 0.13M)
  • 34.01M OM ( — 0.23M)

Top 5 Highest zenTOKEN & MANTRA Products — Current Variable APY:

ZENDIT

Launched SolChicks (BSC)

  • 3,000,000 CHICKS for BUSD $150,000
  • Price per token: BUSD $0.05
  • Total Participants: 234

MANTRA POOL -

  • 6,000 BUSD — BSC
  • 6,000 USDT — Polygon
  • 21,316 OM spent — BSC
  • 20,385 OM spent — Polygon
  • Total OM spent on MANTRA Pool on both ETH, BSC and Polygon: 1.8M OM (ETH: 1.3M; BSC: 0.39M; Polygon: 0.11M)
  • Total rewards provided: USD $243,000 + 86.58 ETH

TVL -

  • USD $98.78M ( + 2.57M)
  • ETH — USD $63.06M ( — 1.61M)
  • BSC — USD $22.01M ( + 1.87M)
  • Polygon — USD $13.7M ( + 2.3M)

Validator Operations

  • USD $179M worth of Assets under Delegation ( + 22M)
  • Revenue from Nodes this week — 59K ( + 7K)

Buyback stats

  • 282,061 OM bought back this week with ~70,000 USDT

Total OM bought back — 5.6M OM

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focused on Staking, Lending, and Governance. Its team aims to leverage crowd wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on a Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people, so they may store and grow their wealth together.

Website |Whitepaper |Telegram |Medium |Twitter | LinkedIn | Github

--

--

--

MANTRA DAO is a community-governed DeFi ecosystem focusing on cross-chain DeFi products.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Online security threats & how to protect your business from them

Cameras for Transparent Production Under Robonomics Parachain Control

Your Retirement Account Isn’t as Safe as You Think

The biggest advantage of the GDPR users don’t see

Governments as Malware: Diagnostics and Treatment

UFO VPN Mod Apk (Vip Unlocked) Latest Version 2022

UFO VPN Mod Apk (Vip Unlocked) Latest Version 2022

Cyber security concerns for 2019

SCAM ALERT — VoskCoin Impersonators and Other Scammers

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
MANTRA DAO

MANTRA DAO

MANTRA DAO is a community-governed DeFi ecosystem focusing on cross-chain DeFi products.

More from Medium

MANTRA DAO Weekly Review #26

Elk Finance — Where All Chains Meet

Cross Chain Farming ($CCF) Farming Report: January 2022

OolongSwap, Largest DEX on Boba, now Supporting Lending through Ola Finance