Trust is everything and it’s built by actions. 

This month we've been working across timezones and departments more than ever to rebuild yours in us. With a focus on doubling down on transparency, commitment to our project, and the continued decentralization of MANTRA Chain.  It was a long month, but also just the beginning. Read on for more. 

For more on what we’ve been focused upon, you can also watch our CEO and Founder John Patrick Mullin’s latest Community Connect.

Centralized Exchange Updates

Binance Integration- MANTRA’s mainnet is now fully integrated on Binance, the world’s leading cryptocurrency exchange, allowing users to deposit and withdraw native $OM coins to and from MANTRA. The integration marks the first time that Binance has integrated a real world asset (RWA) blockchain. The goal of this integration is to increase adoption and liquidity of $OM worldwide, along with MANTRA’s share of the RWA market.

Upbit Listing- $OM has been listed on one of South Korea’s leading cryptocurrency exchanges Upbit. It's a pivotal and strategic moment for MANTRA as we work to expand our footprint in the region. South Korea is known for its large, passionate and highly engaged community of investors and traders and we’re excited to welcome new community members to the MANTRA ecosystem.

For those looking to connect with MANTRA’s community in Korea, and receive the latest updates in Korean, we invite you to join our Korea Telegram channel.

Partnerships

WIN Investments - We’ve teamed up with Win Investments - a Latin American fintech platform - to turn the universal passion of sports into a new compliant class of Real World Sports Assets. In collaboration with the Win team, we’ll establish a framework for the tokenization of their existing and future sports-related assets, leveraging MANTRA Chain’s infrastructure and ecosystem to compliantly bring these offerings on-chain.

Dimitra - Together with Dimitra, a global leader in agriculture technology and sustainability solutions, we’ll be digging deep to unlock new ways to connect high-impact farming projects with investors seeking transparent, asset-backed opportunities. It’s about real-world rewards and positive change. By bringing green agricultural assets onchain, we’ll be; offering innovative ways for farmers to finance their activities, enabling global investors to engage in sustainable value creation and creating a framework for tokenizing agricultural projects worldwide. 

The first phase? Cacao production in the Amazon and carbon credit projects in Mexico.

Validator Updates

We welcomed Nansen, the leading blockchain analytics platform, to MANTRA Chain’s sovereign validator set. Nansen’s addition brings not just greater security but; enhanced transparency into the health and dynamics of the MANTRA ecosystem, unique capabilities in onchain data analytics, and actionable insights for users, builders, and institutions through a powerful analytics suite

For the full list of active validators check out our Blockchain Explorer.

OM Transparency and Milestones

We announced the bridge and burn of over $165M OM tokens - representing close to 20% of the ERC20 supply. Additionally, two explainer videos were released that cover key elements of OM’s tokenomics. The OM Bridge - a detailed walkthrough of our one-way bridge mechanism and Mirror Bucket mechanism on MANTRA Chain, and OM Supply - an explanation of OM supply before/after mainnet launch with a focus on circulating supply and FDV. 

‍For a clear view and live look at $OM token supply, operational wallets, and other significant onchain holdings, you can also visit the OM Dashboard.

Kaito Real-World Rewards Program

Congratulations to our top yappers who’ve played a key part in driving insights and conversation about the MANTRA ecosystem. Since April we increased the rewards pool to 28,888 $OM, in order to reward those whose insights deserve the spotlight by driving our work and RWA tokenization forward. 

‍Learn more about the program and join here.

OMies Airdrop

Additional, the initial 10% unlock for @OnchainOMies went live, with eligible NFT holders able to claim via MANTRA.zone

More on the distribution and unlock schedule can be viewed here.

Thanks Sherpas.

June here we come.