About MANTRA DAO
MANTRA DAO is a community-governed DeFi platform making staking, lending, and governance more accessible than ever before. The market cap is $20,546,520 and the 24h volume is $8,074,730.
Staking MANTRA DAO
MANTRA DAO blockchain consensus is achieved via Nominated Proof of Stake. Investors can leverage their crypto via staking. Currently there is 1 option to earn passive income and staking rewards with your MANTRA DAO investment as outlined below.
Stake OM in Pre-Staking
- How to stake MANTRA DAO OM?
Currently MANTRA DAO is in the Pre-Staking Phase before the official Mainnet Staking.
You can “pre-stake” the OM Token on participating exchanges such as Bitmax and Bithumb. Jus deposit your tokens and follow the instructions in the dashboard.
On Bitmax there is an Unbonding Period of 8 days. If you want to unbond your tokens immediately, you would have to pay a 8.88% withdrawal unbonding fee.
- How much can i make staking MANTRA DAO OM?
The current Reward is fixed and is set for 88.88 % annualized for all participants.
- What are the requirements for staking MANTRA DAO OM?
You need at least 10 OM tokens and an account on Bitmax or Bithumb.
- Is there any risk staking MANTRA DAO OM?
Besides the counterparty risk with paritcipating exchanges there is no additional risk.