MANTRA DAO Weekly Review #49

MANTRA
4 min readJul 8, 2022

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Executive Summary:

  • The total number of OM holders, as well as the total number of OM stakers across all chains, continue to increase steadily (+30% and +152% respectively, since July 2021).
  • An additional 300K OM has been staked to OM/ETH on ETH, OM/BNB on BSC and OM/ETH on Polygon staking pools.
  • This week’s highest APY comes from staking zenDAI on ETH (83.53%).
  • Furthermore, we continue to see a clear trend towards migration to our pools on BSC and Polygon.
  • Overall, we have provided $582K USD and 86.58 ETH in MANTRA POOL rewards to our amazing community.

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

Staking

No. of OM stakers

  • 2,332 (ETH naked staking) ( — 8 / — 0.34%)
  • 72 (ETH LP staking) ( — 1 / — 1.37%)
  • 683 (BSC naked staking) ( — / — )
  • 62 (BSC LP staking) ( — / — )
  • 336 (Polygon naked staking) ( + 4 / + 1.2% )
  • 26 (Polygon LP staking) ( — 1 / — 3.7%)

ETH — Naked Staking

  • 73.11M OM ( — 0.32M / — 0.44%) — USD $3.03M ( + 0.21M / + 7.45% )

ETH LP Staking

  • 4.16M OM ( + 0.35M / + 9.19% ) — USD $0.17M ( + 0.02M / + 13.33% )

BSC Naked Staking

  • 11.38M OM ( — 0.05M / — 0.44%) — USD $0.47M ( + 0.03M / + 6.82% )

BSC LP Staking

  • 2.34M OM ( + 0.31M / + 15.27% ) — USD $100K ( — / — )

Polygon Naked Staking

  • 11.29M OM ( + 0.34M / + 3.11% ) — USD $0.47M ( + 0.05M / + 11.9% )

Polygon LP Staking

  • 2.32M OM ( + 0.23M / + 11% ) — USD $100K ( — / — )

ZENTEREST
The trend of moving supply from ZENTEREST to be staked in our new pools on Polygon and BSC continues (see the table at the end for current APYs)

  • No. of zenOM holders — 365 ( — 4 / — 1.08%)
  • $2.22M worth ( + 0.37M / + 20% )
  • 47.57M OM ( — 1.2M / — 2.46%)

MANTRA POOL STATS

Rewards

  • 3,000 BUSD — BSC
  • 3,000 USDT — Polygon

Number of entries

  • 56,014 OM spent — BSC
  • 55,787 OM spent — Polygon

Accumulative stats since our naissance

  • Total OM spent on MANTRA Pool on both ETH, BSC and Polygon: 4.37M OM (ETH: 1.3M; BSC: 1.7M; Polygon: 1.4M)
  • Total rewards provided: USD $581,500 + 86.58 ETH

TVL -

  • USD $26.72M ( + 5.42M / + 25.45% )
  • ETH — USD $22.88M ( + 4.48M / + 24.35% )
  • BSC — USD $3.14M ( + 0.78M / + 33.05% )
  • Polygon — USD $0.7M ( + 0.16M / + 29.63% )

Validator Operations

  • USD $55M worth of Assets under Delegation ( + 8M / + 17.02% )
  • Revenue from Nodes this week: 12K ( + 1K / + 9.09% )

Buyback stats

About MANTRA DAO

MANTRA DAO is a community-governed DeFi ecosystem focusing on cross-chain DeFi products. MANTRA DAO has built a suite of DeFi services including a multi-asset staking platform, money market lending protocol, gamified rewards pool, and token issuance launchpad. The suite is natively built on Ethereum, with cross-chain products currently on Binance Smart Chain, Polygon, Solana, Terra, and are currently working on launching these services on HECO, Polkadot and our own native MANTRA Chain in the near future.

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MANTRA

Unlocking the $16 Trillion RWA economy with a regulation-ready blockchain. www.mantrachain.io