What is OM?

_{Mantra (OM)What is it?}

MANTRA (OM) is a Layer 1 blockchain and decentralized finance platform.
Focused on security and compliance. Built on Cosmos SDK, IBC and CosmWASM support
To build a robust ecosystem, its Proof-of-Stake verification ensures security.
And it can support up to 10,000 transactions per second. The platform provides blockchain services.
Permissionless, ideal for applications that require permissioned access.
WHICH IS IDEAL FOR ENTERPRISE APPLICATIONS. THE MANTRA ECOSYSTEM INCLUDES DECENTRALIZED APPLICATIONS.
and collaboration with solution providers to maximize usability, focusing on improving the user experience.

_{Native Blockchain:}

Mantra was once an ERC 20 token on the Ethereum blockchain in September 2022
It marks the beginning of the development of the next sector of MANTRA, which begins the creation of the MANTRA Chain.
and a long-term vision of the RWA (Real World Assets) ecosystem on a blockchain with users, dapps, TVL and more

_{Consensus protocol:}

Mantra uses a Proof-of-Stake (PoS) mechanism
Where the OM coin is used to secure the network.

_{Trilemma (Security, Speed, Scalability):} 

Security: Complies with MANTRA legal standards, built on Cosmos SDK, supports IBC and CosmWASM
This helps create a robust ecosystem for developers and institutions. Proof-of-Stake Checker Kit
With its sovereignty, it ensures security.

Speed: PoS-based sidechains offer faster block times, which allows transactions to occur quickly.

Scalability: Built on the Cosmos SDK, it can support up to 10,000 transactions per second

_{Total Supply/ Limit or Unlimited:}

Mantra (OM) has a maximum number of tokens at 888,888,888 tokens

_{Founder/Date Founded:}

Mantra (OM) was founded in October 2020 by John Patrick Mullin, who is CEO and co-founder.
He has a passion for providing benefits to players in the TradFi (traditional finance) industry.
To enter the token-based space and take advantage of the potential of real-world assets (RWAs).
Part of Jayant Ramanand, co-founder, is a blockchain expert, lecturer
AND BUSINESSMEN WITH OVER 10 YEARS OF EXPERIENCE LINKING EMERGING TECHNOLOGIES TO GLOBAL CAPITAL MARKETS.

_{Ocjective/Use case:}

MANTRA Chain is a Layer 1 blockchain created for the specific purpose of tokenizing real-world assets (RWA).
and regulatory compliant DeFi operations. The platform has introduced an innovative module including MANTRA DID.
For digital identity verification, MANTRA Guard for compliance enforcement
and MANTRA Token Service for end-to-end asset tokenization

_{Supply Deflation:}

The transferred tokens are burned on the Ethereum network. This process is not recoverable.
And in the future, a two-way bridge will be available.

_Source:

medium.com

https://coinmarketcap.com/ 

mantrachain.io

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