MANTRA DAO Weekly Review #30

MANTRA
4 min readFeb 18, 2022

Executive Summary:

  • The total number of OM holders, as well as the total number of OM stakers across all chains, continue to increase steadily (+27% and + 156% since July 2021 respectively).
  • An additional 300K OM has been staked into our BSC Naked Staking Pools.
  • This week’s highest APYs come from OM/BNB (63.59%) Staking and MPH ZENTEREST (5,510%).
  • Furthermore, we continue to see a clear trend towards migration to our pools on BSC and Polygon.
  • As usual, our validators continue to create profit for our community.
  • Overall, we have provided 375K USD and 86.58 ETH in MANTRA POOL rewards to our amazing community.

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

Staking

No. of OM stakers

  • 2,417 (ETH naked staking) ( — 8 / — 0.33% )
  • 79 (ETH LP staking) ( — / — )
  • 647 (BSC naked staking) ( + 7 / + 1.09% )
  • 73 (BSC LP staking) ( — / — )
  • 328 (Polygon naked staking) ( — 1 / — 0.3% )
  • 27 (Polygon LP staking) ( — / — )

ETH — Naked Staking

37.5M OM ( + 0.01M / + 0.03% ) — USD $3.55M ( — 0.46M / — 11.47% )

ETH LP Staking

4.69M OM ( + 0.17M / + 3.76% ) — USD $0.44M ( — 0.04M / — 8.33% )

BSC Naked Staking
12.98M OM ( + 0.3M / + 2.37%) — USD $1.23M ( — 0.13M / — 9.56% )

BSC LP Staking

1.72M OM ( + 0.02M / + 1.18% ) — USD $160K ( — 0.02M / — 11.11% )

Polygon Naked Staking
9.05M OM ( — 1.31M / — 12.64% ) — USD $0.86M ( — 0.25M / — 22.52% )

Polygon LP Staking
1.76M OM ( + 0.05M / + 2.92% ) — USD $170K ( — 0.01M / — 5.56% )

ZENTEREST
The trend of moving supply from ZENTEREST to be staked in our new pools on Polygon and BSC continues (see the table at the end for current APYs)

  • No. of zenOM holders — 395 ( — 3 / — 0.75%)
  • $4.07M worth ( — 0.59M / — 12.66% )
  • 43.29M OM ( + 0.11M / + 0.25%)

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

MANTRA POOL STATS

Rewards

  • 6,000 BUSD — BSC
  • 6,000 USDT — Polygon

Number of entries

  • 28,737 OM spent — BSC
  • 41,539 OM spent — Polygon

Accumulative stats since our naissance

  • Total OM spent on MANTRA POOL on ETH, BSC and Polygon: 2.4M OM (ETH: 1.3M; BSC: 0.7M; Polygon: 0.4M)
  • Total rewards provided: USD $375,000 + 86.58 ETH

TVL -

  • USD $49.63M ( — 4.28M / — 7.94% )
  • ETH — USD $38.08M ( — 3.14M / — 7.62% )
  • BSC — USD $9.04M ( — 0.59M / — 6.13% )
  • Polygon — USD $2.52M ( — 0.54M / — 17.65% )

Validator Operations

  • USD $168M worth of Assets under Delegation ( — 13M / — 7.18% )
  • Revenue from Nodes this week: 47K ( — 4K / — 7.84% )

Buyback stats

About MANTRA DAO

MANTRA DAO is a community-governed DeFi ecosystem focusing on cross-chain DeFi products. MANTRA DAO has built a suite of DeFi services including a multi-asset staking platform, money market lending protocol, gamified rewards pool, and token issuance launchpad. The suite is natively built on Ethereum, with cross-chain products currently on Binance Smart Chain, Polygon, Solana, Terra, and are currently working on launching these services on HECO, Polkadot and our own native MANTRA Chain in the near future.

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MANTRA

Unlocking the $16 Trillion RWA economy with a regulation-ready blockchain.