We are pleased to share that MANTRA (MANTRA) is now listed on Coinhako.
What is MANTRA?
MANTRA is a decentralized financial services ecosystem built on interoperable blockchain infrastructure. The ecosystem focuses on enabling decentralized finance (DeFi) services through community governance and interoperable technologies.
MANTRA (MANTRA) is the governance token of the MANTRA ecosystem. Token holders can participate in governance decisions and interact with services within the broader ecosystem.
Governance participation typically includes:
- Participating in governance proposals
- Voting on ecosystem decisions
- Delegating voting power to other participants
- Contributing to the development and direction of the ecosystem
Delegation allows token holders to assign their voting power to another address without transferring ownership of their tokens.
How does MANTRA work?
Interoperable infrastructure
MANTRA is designed to operate on interoperable blockchain infrastructure, allowing the ecosystem to integrate with other blockchain networks and decentralized applications.
This approach helps enable broader connectivity across Web3 services and digital asset ecosystems.
Community governance
The MANTRA ecosystem is governed by a community of token holders who can participate in governance decisions using the MANTRA token. Governance allows participants to influence ecosystem parameters and development directions.
Ecosystem services
The MANTRA ecosystem includes multiple components such as MANTRA Chain, MANTRA Nodes, and MANTRA Finance, which together aim to support decentralized financial services and Web3 infrastructure.
Why does MANTRA stand out?
Interoperability
MANTRA is designed with interoperability in mind, enabling connections across multiple blockchain networks and ecosystems.
Community governance
The ecosystem is governed by a decentralized community, allowing participants to contribute to protocol decisions and ecosystem development.
Expanding Web3 ecosystem
MANTRA continues to expand its ecosystem through infrastructure development and integration with decentralized finance applications.
What can you do with MANTRA on Coinhako?
MANTRA will be available for users across supported swap pairs on Coinhako.
To access MANTRA on Coinhako, you can:
- Fund your SGD wallet instantly using PayNow or other supported payment methods
- Purchase MANTRA using Visa / Mastercard
Please note that deposits and withdrawals for MANTRA are not yet available for this release.
Risk Warning on Digital Payment Token Services
Hako Technology Pte Ltd ("Coinhako") is licensed to provide digital payment token services under the Payment Services Act 2019 (No. 2 of 2019).
The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of a digital payment token ("DPT") service provider.
Before you pay your DPT service provider any money or DPT, you should be aware of the following.
- Your DPT service provider is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to your DPT service provider if your DPT service provider’s business fails.
- You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider.
- You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
- You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
Visit: Coinhako.com/risk-disclosure for more information.
