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      "author": "rakez",
      "permlink": "mantradao-partnership-marathon-part-1",
      "title": "MANTRADAO Partnership Marathon [Part 1]",
      "body": "**MANTRADAO Partnership Marathon**\n=================\nIntroducing DeFi to the worldwide community and striving to bridge wealth disparity throughout the globe has been one of MANTRA DAO's primary motivations and goals since its beginnings. MANTRA DAO is a decentralized finance platform for lending, staking, and governance that is community-governed. MANTRADAO has started partnership Marathon where MANTRA DAO has partnered with several other crypto projects . It provides Yield farming such as lending, staking and liquidation platform. MANTRA DAO has most efficient application for carrying out these activities. \n\nIn this part of the MANTRA DAO blog,  I am presenting various partnership projects carried out by Mantra DAO. \nThis is the part 1 of the MANTRADAO Partnership blog.  Lets start!!!\n\n**What Is Yield Farming in Decentralized Finance (DeFi)?**\n======\n![YIeld.JPG](https://cdn.steemitimages.com/DQmexGvarNjcZ2a5TTyEakynySYueWRVELLm1YFMsD6vqnf/YIeld.JPG)\n\nYield farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts. In return for your service, you earn fees in the form of crypto. \n\nAs we discussed above, yield farming is the practice of staking crypto assets to receive rewards. While one could argue that the concept of yielding returns on investment is nothing new, yield farming has its roots in the decentralized finance world. The key idea behind this investment strategy is that individuals are receiving returns in exchange for their contribution to various DeFi applications.\n\n**MANTRA DAO Partnership with Terra [LUNA]**\n======\nTerra is successfully bringing DeFi to the masses with payments, savings, and much more. The Chai payments app has exploded in growth with over 2 million users, an annual run rate of over $1 billion, and widespread integration with merchants that range from Korea’s top e-commerce stores, #1 online travel agency, #1 bookstore, #1 game publisher, #1 convenience store, and many more. \n\n\n![Luna.JPG](https://cdn.steemitimages.com/DQmYnCyrPnucAgU8bW5g5LSpz5YbjoQoFq2mor7nKkE9V4X/Luna.JPG)\n\n**MANTRA DAO Partnership with Cosmos** \n==========\n![cosmos.JPG](https://cdn.steemitimages.com/DQmTLHrM4gnmARSnFs7m6XiFcsurdJswd7CZJTBsWgjZhtK/cosmos.JPG)\n\nMANTRA DAO partnership with Cosmos is seen as one of the success story in the beginning of its partnership marathon. OM rewards will not be earned by delegating your ATOM to the MANTRA DAO validator. However, remember that each and every OM token holder is a direct beneficiary of the assets held by the DAO. As the assets in the DAO accumulate, more returns are earned. Those returns will go directly into rewards on our other products like MANTRA Pool.\n\n**MANTRA DAO Partnered with Polkadot**\n============\n![polkadefiJPG.JPG](https://cdn.steemitimages.com/DQmPhPBZ8YmjJhKF7QUaZhdHDtGXvGwEESuuqHFPoWPwLBw/polkadefiJPG.JPG)\n\nPolkaDeFi is the Future of DeFi and we will discuss in brief here. MANTRA DAO wish to fully use Polkadot's potential. RioChain, which aspires to be a parachain of Polkadot's protocol, will be used to build the project.  The OM token, which provides users voting rights, lies at the heart of the network. Users can change the network characteristics inside the platform, among other things.\n\nNominate DOT and KSM to Receive Increased OM Rewards.\nWe have been developing our platform and products with the objective of supporting the Polkadot, Kusama, and Substrate ecosystems by bridging DeFi services across multiple blockchains and services since the inception of MANTRA DAO. We are excited to announce the debut of our improved OM rewards program via DOT and KSM nominations. Polkadot and Kusama stakers and community members may now receive additional OM awards just by designating MANTRA DAO validator nodes!\n![polka kusama.JPG](https://cdn.steemitimages.com/DQmR5PQdrTWnGm7WUR1H3wsGHTE3gvndAVCCrZZaei8wGnC/polka%20kusama.JPG)\n\nMANTRA DAO Partnered with Fuse\n=============\n\n![Fuse.JPG](https://cdn.steemitimages.com/DQmQCAvmJoZ9JzGc4HpKKgevqhqpNqRw5FEyPEd2KHQ5cWF/Fuse.JPG)\nIntroducing DeFi to the global community and fighting to bridge wealth disparity throughout the world has been one of MANTRA DAO's primary drives and goals since its start. This is no simple task, and we realize it will require a team effort to achieve the necessary worldwide adoption. As a result, MANTRA DAO is thrilled to be collaborating with Fuse to help expand the worldwide DeFi ecosystem. Fuse, which shares MANTRA DAO's aim of creating user-intuitive UIs, makes it simple for anybody to establish and run their own digital payment networks using simple and easy-to-use tools.\n\n\nStay tuned: More Partnership Projects will be revealed in the next blog.\n\nThanks",
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      "permlink": "mantradao-ecosystem-part-3",
      "title": "MANTRADAO ECOSYSTEM [Part-3]",
      "body": "*This is a sequential blog that aims to introduce Mantra Dao and its activities to the world.\nBing a Sherpa Ambassador, I will explain the new projects and its progress in the future.*\n\n\n**MANTRA DAO** is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.\nMantra DAO is a DEFI project that leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized ecosystem, this implies that is focused on helping members of the blockchain community earn passively without any third party intervention. It does this through core DeFi features like: staking, lending and governance.\nYou may how what makes Mantradao outstanding, well the answer is simple. It has a decentralized system of governance and as such leverages on the wisdom of the crowd to create financial freedom for all and ability to store and grow wealth.\n\n*What Are The Key Features Of MantraDao?*\n\n**STAKING:**\nWith Mantradao users can comfortably stake a growing number of DPoS and PoS assets and while earning massive yields via $OM (Mantradao native token). There will also be access to premium Airdrops.\n=======================================\n**ECO SYSTEM PARTNERS:**\n\n![image.png](https://cdn.steemitimages.com/DQmauYs88CavmZ1t4FYHXtYUAGi2EWWDjLM873fBHnSS5rE/image.png)\n\n![image.png](https://cdn.steemitimages.com/DQmXrWcUtvcrGfpS2XviCNfQoA3CmmUwbqBsdtk7XqGx9Wj/image.png)\n\n============================================\n**VENTURE PARTNERS:**\n\n![image.png](https://cdn.steemitimages.com/DQmedUywCyqMbLsg5VCKiUdprYfH6RmQYKmKtqpiHq25Z4t/image.png)\n\n\n![image.png](https://cdn.steemitimages.com/DQmSgmR2n693WwC9p2sSnYp4KUtk36RFR2iszQaWMym6XDm/image.png)\n\n============================================\n**List of Exchanges where MANTRA DAO's $OM token is listed:**\n\n![image.png](https://cdn.steemitimages.com/DQmdXrQW7Ugsfpfnpei2J6qHik2mPJ9L4YqcBoNJBzdw3fB/image.png)\n\n\n![image.png](https://cdn.steemitimages.com/DQmaYKhvswEania1WtK3CwC4YZRFV35MSJHzU1ETpRUboCT/image.png)\n==========================================\n**Non-custodial staking services (until writing of this Blog):**\n- DOT\n\n- KSM\n\n- OM\n==========================================\n**Lending Process:**\n\n![image.png](https://cdn.steemitimages.com/DQmedEXBHSxrixhKJUBVEyJdc8qtand42PHB36qFWKnexko/image.png)\n\n==========================================\n*This is the end of part 3 Blog.*",
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      "title": "Introduction to MANTRA DAO Team [Inception]",
      "body": "This is a sequential blog that aims to introduce Mantra Dao and its activities to the world.\nBing a Sherpa Ambassador, I will explain the new projects and its progress in the future.\nInception of Mantra:\nThe DAO Council is comprised of numerous crypto experts, including John Patrick Mullin, Will Corkin, James Anderson, Rodrigo Quan Miranda and Stephane Laurent Villedieu. They're experienced crypto developers with backgrounds in finance and entrepreneurship. The project was built to harness the \"intelligence and expertise of the crowd\" to create a truly decentralized ecosystem. With a view to returning financial power to the people, Mantra's team has agreed to create a new financial protocol with the functions of group governance. The team members are very young, talented and energetic.\nToday I will introduce all the Council and Team members of Mantra Dao.\n\n\n![Council members.JPG](https://cdn.steemitimages.com/DQmaSPQvGvSekS6xH8C1L1wrsVQuFvRqBW1m5SqfbnyZBUz/Council%20members.JPG)\n[Source: mantradao.com website]\n\nJohn Patrick Mullin\n\nJohn Patrick Mullin is a FinTech entrepreneur, tokenization expert, and educator living in Hong Kong. He started his career in investment banking having worked at Guotai Junan Securities in Shanghai, China. He then was a founding team member and Managing Director of trade.io a cryptocurrency exchange and advisory firm based in Hong Kong. As an educator, he has spoken at leading universities across the world, including Harvard, London Business School, and Peking University. Additionally, John is a mentor for Entrepreneur First, a leading, deep-tech accelerator and LongHash, a global blockchain accelerator.\n\nWill Corkin\nWill is a blockchain & FinTech entrepreneur in both the crypto and tokenized securities markets. Helping to structure and launch over 20 blockchain companies while running the consulting and advisory arm of trade.io, Will more recently headed business development for the only US broker-dealer currently licensed to issue and distribute security tokens. Prior to his involvement in blockchain, he was a portfolio manager at ZX Ventures.\n\nJames Anderson\nJames Anderson is a Blockchain advocate and serial entrepreneur whose involvement in Blockchain goes back to early 2013. Upon contributing to the Ethereum ICO, James embarked on a journey into social entrepreneurship. Most notably, James co-founded Social Evolution, a non-profit organization whose aim is to raise awareness about the potential of digital currencies and the benefits of decentralized finance.\n\nRodrigo Quan Miranda\nRodrigo is a former Hong Kong based investment banker turned emerging technology entrepreneur. He is the founder of Moon Street Ventures, an emerging technology consulting and R&D company, as well as co-founder and CEO at Immutable Technologies Corp. (‘ITC’), a blockchain infrastructure provider. Prior to ITC, Rodrigo worked in investment banking at Willis Towers Watson Securities (‘WTWS’) in NYC and HK. Rodrigo received his B.A. in Economics from Amherst College in Amherst, Massachusetts, and is a passionate computer science student in his spare time.\n\nStephane Laurent Villedieu\nStephane is a full-stack marketer whose career spans 12 years and a broad array of corporations, agencies and startups.\nAn expert of China digital landscape, Stephane has helped dozens of Blockchain projects set foot in Asia, assisting them with fundraising, content creation and community building.\n\nOther Team members are as follows:\n\n![Team.JPG](https://cdn.steemitimages.com/DQmNsgveRkzFsegA8pruoLe1Z6c4UKDvJFQAJLKmwRcM88q/Team.JPG)\n\n[Source: mantradao.com website]\n\n\n[Note: Subscribe for my Next sequential Blog on Mantra \n![profile.JPG](https://cdn.steemitimages.com/DQmNvpG5pes2WMQ7whJuzRzGNeq6Hhtgr9AqcmZZocELUn3/profile.JPG)\nDao]",
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      "parent_permlink": "mantra",
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      "permlink": "introduction-about-mantra-dao",
      "title": "Introduction about MANTRA DAO",
      "body": "![20210217_014717.jpg](https://cdn.steemitimages.com/DQmaWn11EZhPZNBh2nhWCyyjPW5eXZdsGYujeg4Ve2YjTLy/20210217_014717.jpg)\n\nIn the growing DeFi domain, it is hard to know between venture projects. Technologies are moving to welcome the DeFi crowd, but platforms are starting to crack under the pressure of high fees and delayed transactions. The valuation of crypto assets is at an all-time high, rising to more than $6 billion in August. If more investors are chasing high yields and flexible interest rates, it is important to have strong and flexible programs.\nDAO stands for Decentralized Autonomous Organization for accounting purposes. It is a form of government-run in an open and clear way by members of the association. It not only provides greater power of decisions to people, but helps the group to share in the prosperity of the enterprise, similar to a co-op. These incentives are allocated in MANTRA's scheme with its native OM token.\n\nHistory: MANTRA DAO vocabulary basically comes from South Asia’s Sanatan religion and Buddhist religion. Mostly, in countries like Nepal, they use this vocabulary. Humanity is the only religion; love is the only mantra; altruism is the only tantra; Aparugraha is the only yantra. Nepal is a country of Sherpas, OM as hymns and Mantras (from Pashupatinath Temple-Lord Shiva), where people believe in Karma for their behavior and passionate about Chakra.\n\nMANTRA DAO provides a full suite of DeFi offerings for users of all skill levels. These instruments are based on structures produced by projects such as Compound, Acala etc. It will give MANTRA DAO:\nMultiple Staking & Lending of Properties; Governance; Organization of Self-Government and Method of Native Reward\nOM, an ERC-20 token, is the token that drives the MANTRA DAO network. All usage cases for OM are payments, fines, polling, and bonuses. Relevant advantages are granted by Keeping OM.\n\nStaking: In addition to their staking stakes, individuals who stake their investments on MANTRA DAO will earn OM incentives. The OM token can also be self-staked and can be used for loans as collateral.\n\nGovernance: OM token holders receive voting rights on interest rates, distribution of grants, and the potential introduction of the program.\n\nReputation: By contributing to MANTRA, staking OM, voting on ideas, etc, users can create their reputation, or Karma, in the system. Karma is a separate protocol that in conventional finance, functions similarly to a credit rating.\n\nHigher Karma gains include higher staking bonuses, reduced loan interest rates, and lower staking costs. In short, having a high Karma helps people to gain more OM than those with less Karma, and their interest will be doubled.\nThe cumulative supply of tokens is reduced to 888,888,888 OM. Centered on Tokenomics.\nStaking\n\nThe platform will also be used by those who do not own large quantities of OM or Karma. A special and welcome feature in the DeFi space is the stacking of several assets. Users with a basket of other DeFi tokens, such as COMP, will join without problems. DeFi veterans would benefit from this versatility.\n\nStableCoin\nMANTRA DAO will also be selling a secure coin, the USDOM, in addition to the OM token. USDOM will be multi-collateral, created by Collateralized Debt Positions, just like MAKER's DAI. It will be indexed to the US Dollar at 1:1.\nHowever, while DAI can only be backed by ERC-20 tokens, any crypto sponsored by the Polkadot network can back USDOM. Not only ERC-20, but also BTC, ETH, XTZ, ADA, EOS, and more are included in these tokens. Bitcoin can now be used in the trend of DeFi.\n\nLink: https://mantradao.com/\n@MantraDao $OM\n#MANTRADAO #OM",
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