Mantra Dao Join Hands with Matic Network

Community governed DeFi platform MANTRADAO joins hands with Matic as validator & strategic partner.

They are not only joining our ecosystem of top-tier validators to help strengthen the Matic mainnet but will be working alongside Matic on several community incentives.

OM (MANTRA DAO token) holders will be able to link their OM account with their MATIC address, delegate their MATIC to the MANTRA DAO node, and earn validator rewards from Matic Network as well as liquidity mine OM tokens on Rio Chain on Polkadot.

To strengthen collaboration, Matic Foundation will delegate an amount of MATIC equal to 50% of the MATIC delegated by the MANTRA DAO community. MANTRA DAO community will be able to use these staking rewards by voting on new initiatives that will benefit both communities.

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RAHUL KUMAR CHOURASIA
RAHUL KUMAR CHOURASIA

Written by RAHUL KUMAR CHOURASIA

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