Traders Lock Up Over $150 Million after ONDO partnership, Eyeing $2 Goal!

The excitement surrounding MANTRA, a leading DeFi protocol focused on Real-World Asset (RWA) tokenization, continues to surge! The amount of $OM staked has seen a significant increase following the recent announcement of a strategic partnership with Ondo Finance. This development underscores growing investor confidence in $OM, a leading DeFi protocol focused on Real-World Asset (RWA) tokenization.

Strong Staking Growth:
Investor enthusiasm for $OM is translating into a substantial rise in staking activity. Currently, over 180 million $OM tokens are locked in staking, representing a value of over $150 million. This figure reflects a over 40% increase in staked $OM since the Ondo partnership announcement.

Factors Driving Growth:
Several factors are likely contributing to this surge in staking:

• Enhanced Staking Rewards: $OM offers attractive rewards for staking, with an additional 35% bonus until the mainnet launch. This incentivizes long-term holding and boosts potential returns for stakers.
• RWA Market on the Rise: The RWA space is experiencing explosive growth, and $OM is positioned as a frontrunner. Investors seeking exposure to this booming market are turning to $OM.
• Ondo Partnership Boosts Confidence: The collaboration with Ondo Finance has significantly bolstered investor confidence in $OM’s future potential. Notably, this partnership brings exciting developments to the MANTRA Chain:
  • RWAs Are Coming: This opens new avenues for RWA tokenization and DeFi innovation.
  • ONDO’s USDY Vault Lands on MANTRA: This allows users to gain exposure to short-term US Treasuries while retaining stablecoin utility. ONDO’s USDY vault currently boasts a $450 million TVL, indicating strong investor interest. This is expected to attract even more TVL to the MANTRA chain.

Beyond Staking Rewards:
The appeal of staking $OM goes beyond just the immediate rewards. Stakers will also be eligible to claim 4% of the total supply of $SOMA tokens in an upcoming airdrop. $SOMA is the native governance token of the MANTRA ecosystem, offering holders voting rights and potential future benefits.

This signifies strong investor confidence in the project’s long-term potential. With a booming RWA market, a powerful partnership with Ondo Finance, and a solid foundation, MANTRA presents a compelling opportunity for investors seeking long-term gains.

Learn More & Participate:
Head over to the $OM staking platform: https://app.mantra.finance/staking to lock up your $OM tokens and start earning rewards!

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