Mantra (OM), a project developed on the RioChain Blockchain with plans to integrate into Polkadot, is a dynamic protocol that offers decentralized finance (DeFi) services. Central to the protocol is OM, the mainnet asset that serves various functions, including governance. Launched in October 2020, Mantra aims to promote financial inclusivity by providing staking and lending services that allow users to earn substantial returns. This article delves into two commonly asked questions: What is Mantra (OM), and how can one purchase Mantra (OM) using TRY?
Mantra (OM): More than just a DeFi project, Mantra represents a holistic ecosystem that offers a variety of solutions to empower its users. From the excitement of NFTs to the stability of staking and the allure of passive income streams, Mantra embodies financial freedom within a decentralized setting. Transparent governance mechanisms are at the core of Mantra, serving as the foundation for collective decision-making and community engagement. The platform’s versatility is highlighted by its features, including NFTs that allow users to own unique digital assets, and staking that enables users to earn passive income while supporting the network.
The infrastructure of OMniverse is supported by MANTRA Nodes, a vertically integrated structure designed to generate revenue and foster community growth. These nodes play a crucial role in expanding Mantra’s presence across various Blockchain networks, creating opportunities for cross-Blockchain DeFi interactions and Infrastructure as a Service (IaaS) provisions. Within the Cosmos ecosystem, MANTRA Chain stands out as a protocol that facilitates seamless interactions with other Blockchains, emphasizing its compatibility with the Ethereum Virtual Machine (EVM) and robust decentralized identity (DID) module. This commitment to developer-friendly solutions paves the way for a new era of decentralized applications and exchanges.
MANTRA Finance aims to bridge the gap between traditional finance and DeFi, bringing the speed and transparency of DeFi to the broader financial landscape. This initiative opens the door to a future where financial sovereignty has no limits. At its core, Mantra embraces a community-focused governance model, prioritizing transparency and inclusivity to empower stakeholders and shape the platform’s direction collectively.
Behind the scenes, a team of experienced entrepreneurs and professionals, led by figures like John Patrick Mullin, Rodrigo Quan Miranda, and Will Corkin, is steering the Mantra revolution. With expertise spanning finance, regulation, and technology, the team is united by a mission to democratize finance and usher in an era of financial inclusivity.
How to Purchase Mantra (OM) with TRY: For investors in Turkey looking to buy Mantra (OM), Binance TR is the most suitable cryptocurrency exchange. With over 100 cryptocurrencies available for trading, including OM, Binance TR offers a seamless account creation process. To buy Mantra (OM) with TRY on Binance TR, follow these steps.
Opening an Account on Binance TR: Creating an account on Binance TR is straightforward. Visit trbinance.com, and proceed with the “Create Account” step. Provide basic information such as email address, phone number, name, date of birth, nationality, and T.C. identity number. Complete the email/sms verification process, followed by identity verification (KYC), to ensure security and compliance.
Depositing TL on Binance TR: Deposit TL into your Binance TR account from various banks, including Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans. For other banks, deposits up to 50,000 TL can be made 24/7 using FAST. Deposits over 50,000 TL from other banks are processed during EFT hours. After depositing, the funds will reflect in your Binance TR account wallet.
Buying OM Coin with TL on Binance TR: After depositing, proceed to the TL to OM coin purchase by clicking on the “Buy-Sell” option. Search for “OM” and select the OM/TRY option. Enter the desired price and quantity, then click “Buy OM” to complete the purchase.
Binance TR: Launched in 2020, Binance TR is a cryptocurrency exchange designed for Turkish investors. Leveraging Binance’s technology, security measures, and liquidity, Binance TR offers trading services from fiat to crypto and crypto to crypto. Users can deposit and withdraw Turkish lira (TRY) through direct banking channels and trade various cryptocurrencies with TRY trading pairs. Gain access to market-leading liquidity, advanced security protocols, and risk controls through Binance TR.
Disclaimer: This article does not constitute investment advice. Investors should conduct their own research as cryptocurrencies carry high volatility and risk. Stay updated with our news on Telegram, Facebook, Twitter, and Coinmarketcap.
