MANTRA Weekly Review #62

MANTRA
3 min readOct 7, 2022

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Executive Summary:

  • The first MANTRA Grants recipient and one of the first DEXs on the Hedera network, HeliSwap, recently went live.
  • The total number of OM holders, as well as the total number of OM stakers across all chains, continue to increase steadily (+32% and +152% respectively, since July 2021).
  • An additional 0.25M OM has been staked to OM Naked Staking and OM/ETH LP Staking on ETH.
  • This week’s highest APY comes from OM/ETH LP Staking on Polygon (50.76%).
  • Furthermore, we continue to see a clear trend towards migration to our pools on BSC and Polygon.

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

Staking

No. of OM stakers

  • 2,265 (ETH naked staking) ( — 5 / — 0.22% )
  • 68 (ETH LP staking) ( — / — )
  • 728 (BSC naked staking) ( — 4 / — 0.55% )
  • 59 (BSC LP staking) ( — 1 / — 1.67% )
  • 360 (Polygon naked staking) ( — 1 / — 0.28% )
  • 27 (Polygon LP staking) ( — 1 / — 3.57% )

ETH — Naked Staking

  • 79.22M OM ( + 0.25M / + 0.32% ) — USD $3.42M ( — / — )

ETH LP Staking

  • 5.71M OM ( + 0.25M / + 4.58% ) — USD $0.25M ( + 0.01M / + 4.17% )

BSC Naked Staking

  • 12.57M OM ( + 0.05M / + 0.4% ) — USD $0.54M ( — / — )

BSC LP Staking

  • 2.32M OM ( — 0.03M / — 1.28% ) — USD $0.1M ( — / — )

Polygon Naked Staking

  • 16.42M OM ( + 0.06M / + 0.37% ) — USD $0.71M ( — / — )

Polygon LP Staking

  • 2.18M OM ( — 0.01M / — 0.46% ) — USD $90K ( — / — )

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 — 351 ( — / — )
  • $2.18M worth ( — 0.04M / — 1.8% )
  • 50.36M OM ( — 0.38M / — 0.75% )

TVL

  • USD $37.97M ( + 1.99M / + 5.53% )
  • ETH — USD $31.5M ( + 0.88M / + 2.87% )
  • BSC — USD $5.58M ( + 1.13M / + 25.39% )
  • Polygon — USD $0.89M ( — 0.02M / — 2.2%)

Validator Operations

  • USD $11M worth of Assets under Delegation ( — / — )
  • Revenue from Nodes this week: 7K ( — / — )

Buyback stats

About MANTRA

MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem. The MANTRA OMniverse encompasses the DAO; MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations; MANTRA Chain: a protocol for regulated assets for the Cosmos ecosystem; and MANTRA Finance: a globally-regulated DeFi platform that brings the speed and transparency of DeFi to the world of traditional finance.

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MANTRA
MANTRA

Written by MANTRA

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

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