.@MANTRA_Chain will tokenize real estate assets for Dubai-based developer @maggroupholding. Mantra will tokenize assets worth $500 million in several tranches, offering yields in the form of stablecoins and $OM.
https://t.co/TgqtP9HzXB
π₯ UAE Real Estate Giant #MAG Partners with #MANTRA to Tokenize $500 Million in Real Estate Assets
β MANTRA and MAG will collaborate to democratize access to luxury UAE real estate using secure, yield-bearing vault products backed by MANTRAβs L1 technology.
This collaboration unlocks unique investment opportunities in the thriving Middle Eastern market for tokenized real estate, further positioning MANTRA and MAG as key players within the region.
Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development, commented, "πππππππ π€ππ‘β ππ΄πππ π΄ πππππ€π π’π π‘π πππ£πππππ ππ’π‘π‘πππ-ππππ ππππππβπππ π‘ππβππππππ¦ π‘π ππβππππ π‘βπ π£πππ’π πππ πππππ π ππππππ‘π¦ ππ ππ’π ππππ ππ π‘ππ‘π πππππππππ . πβππ π π‘πππ‘ππππ ππππππππππ‘πππ ππ πππ£ππ‘ππ πππ ππππ€πππ-ππππππ ππ π€π ππππ‘πππ’π π‘π πππππ£ππ‘π πππ ππππ ππ ππ’π₯π’ππ¦ ππππ ππ π‘ππ‘π πππ£ππππππππ‘.β
π Read more: https://t.co/POc6IYU4bC
MANTRA - From Institutions to Individuals: Bringing Finance Onchain.
MANTRA is truly the #HomeForRWAs! $OM
Watch the @CNNBusinessAr interview with #MANTRA CEO & Co-Founder @jp_mullin888 as he explains the underlying yield structure of the upcoming Keturah Vault
The vault features a dual-APY structure of fixed and variable yield, allowing investors to earn a base APY and an additional yield based on $OM price.
β The fixed interest is paid in stablecoin equivalents to US dollars, offering a guaranteed APY of 8% and an additional variable APY in $OM tokens.
Watch the full video: https://t.co/ek5mthrG4F
ποΈ #HomeForRWAs #RWA
This year has been an absolute whirlwind, for both me and MANTRA. End of last year we were still struggling to raise $ and sitting outside the top 800 on CG. Today weβre on page 1.
Heres some reflections on how MANTRA & I have had to take things to another levelπ
π§΅ ππΌ
π₯ The leaderboard for #MANTRAβs Hongbai Incentivized Testnet is officially LIVE!
Start completing onchain quests to climb higher on the leaderboard, maximizing your chances of receiving a share of the $OM πͺ.
π Follow our socials for further announcements as we delve deeper into the Hongbai Testnet. Visit here: https://t.co/9n7xNEP5tXΒ
ππ΄πππ π΄ - πΉπππ πΌππ π‘ππ‘π’π‘ππππ π‘π πΌππππ£πππ’πππ : π΅πππππππ πΉππππππ πππβπππ.
$OM #testnet #HomeForRWAs #RWAs
π‘Version 1 of our Testnet Newton saw tremendous success because of the high level of support from the community with 600k+ wallets registered. Nevertheless, licensing issues required a comprehensive network upgrade. Despite its achievements, there was room for improvement, leading us to Testnet Newton V2 with stability fixes and security enhancements!
Why aren't you bullish enough on @MANTRA_Chain?
- Smart money is accumulating $OM
- UAE's regulated Zand Bank is working with Mantra on RWA integration
- No more VC unlocks, 30% supply staked off-exchange
- $ONDO USDY vault is launching on Mantra
You can farm $OM now for free just by interacting with Hongbai Incentivized testnet.
Full video: https://t.co/Ky8qWXRRfU
1/ Innovation designed to bypass regulation limits its adoption in the industry.
Some of these ideas have helped shape my view in how we build @MANTRA_Chain
Fleshed out further in the chapter - "Working With, Not Against"
Link below
Itβs honestly an honor that Iβm hearing investors are being approached and projects are saying that theyβre doing a βMANTRA-style RWA pivot.β
As they say, imitation is the sincerest form of flattery. But thereβs a lot more to unpack on our back story, so hereβs a π§΅ππΌποΈ
1) It was incredibly emotional to wake up this morning and see $OM hit a new ATH, but at the same time, I reflected on just how crazy the last few months have been for MANTRA, the sherpas, and honestly, just my life.
What if the ability to crypto fully on-chain wasnβt limited by inadequate data availability infrastructure?
What if vast amounts of data could be stored on-chain and used to run complex AI models?
Introducing our infinitely scalable DA solution: 0G DA
Weβre elated to announce our CTO @spark_ren will be part of the Data Availability for Appchains Panel Discussion at #AppchainDay ππΌ See you in Hong Kong!
π Exciting news, Sherpas! π
MANTRA just announced the launch of his incentivized RWA Savings Vault powered by Ondoβs USDY! ππ°
1β£ How It Works:
A new savings vault featuring USDY, a tokenized note backed by short-term US Treasuries and bank deposits.
This lets you earn a return like a stablecoin, but with the added security of US Treasury backing!
2β£ The Proposal:
MANTRA will offer USDY as a genesis asset upon our mainnet launch, expected later this year.
This integration aims to enhance MANTRA onchain liquidity and expand MANTRA ecosystem by working closely with top RWA projects.
3/ π― Opportunities:
πΈEarly Backers:
Contribute USDC and gain access to low-risk, short-term US Treasury yields.
πΈAdditional Rewards:
Stay invested until the MANTRA Chain mainnet launch to receive extra rewards in ONDO tokens and mainnet OM coins.
βοΈJoin the waitlist here: https://t.co/cMHuL74QVB
MANTRA & ONDO connect TradFi and DeFi with secure financial solutions.
#HomeForRWAs #DeFi #Crypto #InvestSmart #MANTRAChain #OndoFinance #USDY #RWA #Tokenization
π Exciting news, Sherpas! π
MANTRA just announced the launch of his incentivized RWA Savings Vault powered by Ondoβs USDY! ππ°
1β£ How It Works:
A new savings vault featuring USDY, a tokenized note backed by short-term US Treasuries and bank deposits.
This lets you earn a return like a stablecoin, but with the added security of US Treasury backing!
2β£ The Proposal:
MANTRA will offer USDY as a genesis asset upon our mainnet launch, expected later this year.
This integration aims to enhance MANTRA onchain liquidity and expand MANTRA ecosystem by working closely with top RWA projects.
3/ π― Opportunities:
πΈEarly Backers:
Contribute USDC and gain access to low-risk, short-term US Treasury yields.
πΈAdditional Rewards:
Stay invested until the MANTRA Chain mainnet launch to receive extra rewards in ONDO tokens and mainnet OM coins.
βοΈJoin the waitlist here: https://t.co/cMHuL74QVB
MANTRA & ONDO connect TradFi and DeFi with secure financial solutions.
#HomeForRWAs #DeFi #Crypto #InvestSmart #MANTRAChain #OndoFinance #USDY #RWA #Tokenization
This month @MANTRA_Chain is launching a RWA savings product with @OndoFinance's $USDY
Here's free DYOR for you. A cheatsheet about the 5.3% APY stablecoin that's backed by US Treasuries and demand deposits
Plus, how you can benefit as an early user
Are you ready? ποΈ
Investing in real world assets needs a real world comparison. For most asset managers, that comparator is known as the βrisk-free rate.β This rate is usually somewhere along the Treasury yield curve, between notes and the 10-year T-bill.
That makes $USDY the perfect building block when constructing #RWA portfolios. If a risk-return calculation you make on investing in a vault or other onchain protocol on @MANTRA_Chain doesnβt sit right with you, you should be able to just βsit in Treasuriesβ gaining exposure to the yield offered on short-term Treasuries.
And users deserve to be able to access assets of various risk profiles without having to cross the βblood-brain barrierβ of bringing onchain assets offchain.
Our first vault will debut next month. Our aim is to bring onto MANTRA Chain the deepest liquidity for $USDY.
This month @MANTRA_Chain is launching a RWA savings product with @OndoFinance's $USDY
Here's free DYOR for you. A cheatsheet about the 5.3% APY stablecoin that's backed by US Treasuries and demand deposits
Plus, how you can benefit as an early user
Are you ready? ποΈ
π₯ MANTRA Launches RWA Savings Vault Powered by Ondoβs USDY
#Ondo and #MANTRA will incentivize a multi-chain USDY vault allowing contributors of USDC to gain access to low-risk, short-term US treasuries yield. Those holding until the MANTRA Chain mainnet launch will receive additional rewards β $ONDO and mainnet $OM coins, in addition to the underlying yield. Vaults open to the public in June 2024 on @ethereum and @base chain.
β Interested users can join the waitlist here: https://t.co/ASjw0wRtzG
MANTRA will also integrate Ondoβs flagship interest-bearing tokenized note, USDY, as a genesis asset when the blockchain debuts later this year. This integration aims to actively build substantial liquidity support for RWA tokenization, catering to the growing demand from institutional investors.
Nathan Allman, CEO of Ondo Finance, remarked, βWe are excited to see the USDY vault launching on MANTRA, furthering our mission to bring institutional-grade assets to the world. This yield-bearing vault is an exciting step in our journey to bridge traditional finance and decentralized finance at scale.β
π Read more: https://t.co/rnblt7NRWU
MANTRA - From Institutions to Individuals: Bringing Finance Onchain.
$OM #HomeForRWAs
π₯ MANTRA Launches RWA Savings Vault Powered by Ondoβs USDY
#Ondo and #MANTRA will incentivize a multi-chain USDY vault allowing contributors of USDC to gain access to low-risk, short-term US treasuries yield. Those holding until the MANTRA Chain mainnet launch will receive additional rewards β $ONDO and mainnet $OM coins, in addition to the underlying yield. Vaults open to the public in June 2024 on @ethereum and @base chain.
β Interested users can join the waitlist here: https://t.co/ASjw0wRtzG
MANTRA will also integrate Ondoβs flagship interest-bearing tokenized note, USDY, as a genesis asset when the blockchain debuts later this year. This integration aims to actively build substantial liquidity support for RWA tokenization, catering to the growing demand from institutional investors.
Nathan Allman, CEO of Ondo Finance, remarked, βWe are excited to see the USDY vault launching on MANTRA, furthering our mission to bring institutional-grade assets to the world. This yield-bearing vault is an exciting step in our journey to bridge traditional finance and decentralized finance at scale.β
π Read more: https://t.co/rnblt7NRWU
MANTRA - From Institutions to Individuals: Bringing Finance Onchain.
$OM #HomeForRWAs