MANTRA DAO Weekly Review #14

Published on Oct 15th 2021

MANTRA

3 min readOct 15, 2021

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

Staking

No. of OM stakers

2,609 (ETH naked staking) ( — 30)
77 (ETH LP staking) ( — )
401 (BSC naked staking) ( + 21)
82 (BSC LP staking) ( + 5)
242 (Polygon naked staking) ( + 9)
25 (Polygon LP staking) ( — )

ETH — Naked Staking

48.06M OM ( — 0.58M) — USD $10.7M ( — 1.17M)

ETH LP Staking

3M OM ( + 0.07M) — USD $0.69M ( — 0.03M)

BSC Naked Staking
9.15M OM ( + 0.14M) — USD $2.04M ( — 0.16M)

BSC LP Staking

0.95M OM ( — 0.02M) — USD $210K ( — 0.03M)

Polygon Naked Staking
7.33M OM ( + 0.02M) — USD $1.63M ( — 0.15M)

Polygon LP Staking
1.14M OM ( + 0.11M) — USD $250K ( — )

New Staking Pools added

zenDAI (ETH)
zenUST (ETH)

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 — 422 ( — 2)
$7.42M worth ( — 0.63M)
32.65M OM ( — 0.15M)

Top 5 Highest zenAsset Current Variable Supply APY:

MANTRA Products Current Variable APY:

MANTRA POOL

4,000 USDT — ETH
4,000 BUSD — BSC
10,382 OM spent — ETH
15,237 OM spent — BSC
Total OM spent on MANTRA Pool on both ETH and BSC : 1.6M OM (ETH: 1.3M; BSC: 0.27M)
Total rewards provided: USD $163,000 + 86.58 ETH

TVL

USD $101.56M ( — 3M)
ETH — USD $90.72M ( — 1.64M)
BSC — USD $8.93M ( — 1.23M)
Polygon — USD $1.92M ( — 0.12M)

Validator Operations

USD $268M worth of Assets under Delegation ( — 2M)
Revenue from Nodes this week — 60K ( — 10K)

Buyback stats -

271,583 OM bought back this week with ~60,000 USDT
Total OM bought back — 5.1M OM

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.