โ๐ New update from MANTRA ($OM)
โThe MANTRA platform announced the launch of two new vaults within its ecosystem:
โ1๏ธโฃ wmantraUSD: Deposit mantraUSD and earn yields directly.
2๏ธโฃ OMies LST: Stake $MANTRA and receive stMANTRA, enabling continuous yields while keeping your assets liquid.
โ๐ก Impact on $OM:
โReduced circulating supply (Supply Squeeze): Making staking available to earn stMANTRA encourages investors to lock up their assets, reducing the supply available for sale on the market.
โIncreased demand and utility (Utility Growth): Promoting liquid staking increases the networkโs total value locked (TVL), a positive indicator supporting a bullish trend for the token in the medium to long term.
#om #mantra #bullish #trending $OM
โThe MANTRA platform announced the launch of two new vaults within its ecosystem:
โ1๏ธโฃ wmantraUSD: Deposit mantraUSD and earn yields directly.
2๏ธโฃ OMies LST: Stake $MANTRA and receive stMANTRA, enabling continuous yields while keeping your assets liquid.
โ๐ก Impact on $OM:
โReduced circulating supply (Supply Squeeze): Making staking available to earn stMANTRA encourages investors to lock up their assets, reducing the supply available for sale on the market.
โIncreased demand and utility (Utility Growth): Promoting liquid staking increases the networkโs total value locked (TVL), a positive indicator supporting a bullish trend for the token in the medium to long term.
#om #mantra #bullish #trending $OM