MANTRA DAO is a community-managed DeFi platform focusing on mortgage, lending and cross-chain DeFi products. MANTRA DAO has built a suite of DeFi products, including a multi-asset collateral platform, a money market lending protocol, a gaming lottery pool, and a stablecoin minting protocol. The suite is currently built on Ethereum, but cross-chain products for Binance Smart Chain, Polygon, and Polkadot will also be developed in the future.

OM is the native utility token of the MANTRA DAO ecosystem and is used for the following functions:
Collateral: DOT and KSM holders can entrust their assets to MANTRA DAO's validator nodes and stake their Ether The Fang address is bound to the platform to mine OM tokens.
Lending: Through ZENTEREST, MANTRA DAO's over-collateralized money market lending platform, users can provide assets to the platform and borrow tokens based on the collateral provided.
Lottery: Users can try their luck at MANTRA POOL by accessing MANTRA POOL with OM tokens and stand a chance to win 25% of this week's PoS validator rewards.
Governance: OM stakers can issue proposals, participate in governance votes and suggest changes to various parameters within the MANTRA DAO ecosystem.