Get up to a 1.35x multiplier on your staked $OM — based on staking time and amount of staked OM.
MANTRA is a security-first RWA Layer 1 Blockchain capable of adherence and enforcement of real world regulatory requirements. Built on the Cosmos SDK, MANTRA offers a secure, scalable, interoperable infrastructure. One of the key components of MANTRA is the $OM token, which plays a crucial role in the platform’s governance and allows users to participate in staking.
What is staking on MANTRA?
To express our gratitude to the MANTRA community for their continued support, 35% of newly issued mainnet tokens will be rewarded to OM stakers as part of the next generation of OM tokenomics. Stakers can earn up to a 1.35x multiplier on staked OM — based on staking time and amount of staked OM. Stakers can also benefit from:
- Governance Participation: OM stakers can vote on DAO proposals as part of the MANTRA governance system, allowing them to contribute to decision-making processes.
- DAO Token Access/ Airdrop Incentives: OM stakers get special access to new ecosystem token issuances as well as partnering DAO token airdrops.
$OM is listed on various top exchanges, to know more visit: https://coinmarketcap.com/currencies/mantra/
Step-by-Step Guide on How to Stake $OM:
Step 1: Access MANTRA Staking Platform
First visit https://app.mantra.finance/staking to access the MANTRA Staking platform.
Step 2: Complete Sign Up and KYC
Register with your preferred email ID and complete the sign up and KYC onboarding process by fulfilling the necessary requirements. Follow the link https://onboarding.mantra.finance/sign-up or click on the Sign Up button on the top right corner of the homepage.
Step 3: Navigate to Staking Section
Once you have logged in after completing your onboarding and KYC process, select the preferred network to stake your $OM. Connect your wallet for the selected network.
Step 4: Choose Staking Amount
Enter the amount of $OM tokens you want to stake. You may choose a specific amount or easily choose to stake 50% or 100% percentage of your total OM holdings. Consider the staking duration and potential rewards.
Step 5: Review and Confirm
Review your staking details, including the amount and duration. Once everything is correct, click on “Stake Now” or a similar button to proceed.
Step 6: Earn Rewards with Successful Staking!
Once you’ve confirmed the transaction, kudos! You have now officially staked $OM on MANTRA. You’ll start earning daily rewards based on your staked OM Tokens.
Get up to a 1.35x multiplier on your staked OM — based on staking time and amount of staked OM.
Find more details about the current OM Staking Program HERE.
Congratulations on officially staking your $OM tokens on MANTRA, it’s a powerful way to engage within the MANTRA ecosystem. As you anticipate rewards, remember your contribution strengthens $OM and grants you a voice in governance. Become a part of MANTRA’s ever evolving ecosystem, and take pride in being part of a community shaping the future of Real World Asset tokenization adhering to necessary regulatory compliances. Happy staking on MANTRA!
Featured Articles