MANTRA DAO | Weekly Review #11

MANTRA DAO released Weekly Review #11 about weekly progress of project.

🔸Staking

No. of OM stakers

• 2,688 (ETH naked staking) ( — 64)
• 79 (ETH LP staking); ( — 1)
• 342 (BSC naked staking) ( + 11)
• 74 (BSC LP staking) ( + 2 )
• 202 (Polygon naked staking) ( + 14)
• 22 (Polygon LP staking) ( — 2 )

ETH — Naked Staking

50.07M OM ( — 0.04M) — USD $12.05M ( + 0.39M)

ETH LP Staking

3.45M OM ( — 0.31M) — USD $0.83M ( — 0.05M)

BSC Naked Staking
8.58M OM ( + 0.39M) — USD $2.07M ( + 0.15M)

BSC LP Staking

1.04M OM ( — 0.09M) — USD $250K ( — 0.01M)

Polygon Naked Staking
6.7M OM ( — 0.05M) — USD $1.61M ( + 0.03M)

Polygon LP Staking
0.92M OM ( — 0.13M) — USD $220K ( — 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 — 435 ( — 15)
• $7.97M worth ( — 0.26M)
• 33.2M OM ( — 2.1M)

🔸Buyback Stats –

• 120,302 OM bought with 30,000 USDT
• Total OM bought back — 4.8M OM

🔸MANTRA POOL –

• 4,000 USDT — ETH
• 4,000 BUSD — BSC
• 7,548 OM spent — ETH
• 15,236 OM spent — BSC
• Total OM spent on MANTRA Pool on both ETH and BSC : 1.5M OM (ETH: 1.2M; BSC: 0.24M)
• Total rewards provided: USD $139,000 + 86.58 ETH

🔸ZENDIT — Octane Finance & Weld Money

Launched Octane Finance (BSC)

• ​​450,450 OCTANE Sold — BUSD $150,000
• Price per token: BUSD $0.333
• Total Participants: 238

Launched Weld Money (BSC)

• ​​1,600,000 WELD Sold — BUSD $120,000
• Price per token: BUSD $0.075
• Total Participants: 167

🔸TVL –

USD $96.6M ( — 2.7M)

• ETH — USD $93.47M ( — 1.02M)
• BSC — USD $6.53M ( + 2.55M)
• Polygon — USD $1.78M ( — 0.04M)

🔸Validator Operations

• USD $240M worth of Assets under Delegation ( — 32M)
• Revenue from Nodes this week — 62K ( — 8K)

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

📰 INFO:

https://mantradao.medium.com/mantra-dao-weekly-review-11-55911b9c4f07