MANTRA DAO Weekly Review #11

Published on September 24th 2021

MANTRA

3 min readSep 24, 2021

OM holders on ETH, Polygon and BSC

Token holder stats -

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)

Top 5 Highest zenAsset Current Variable Supply APY:

MANTRA Products Current Variable APY:

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focused on Staking, Lending, Governance, and Launchpad Services. Its objective is to give financial control back to the people, so that as a collective, they may store and grow their wealth together. The MANTRA DAO team aims to leverage crowd wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Started with the goal of building on Substrate as a Polkadot-first project, it is now a multi-chain ecosystem offering services on Ethereum, Binance Smart Chain, and Polygon.