The Next Step in RWA Tokenization: MANTRA Launches RWA Savings Vault with Ondo’s USDY
MANTRA, a platform specializing in real-world asset (RWA) tokenization, has introduced a new RWA savings vault backed by Ondo’s USDY, offering opportunities for high-quality yields. This collaboration between MANTRA and the Ondo Foundation aims to enhance liquidity for RWA tokenization in the growing decentralized finance (DeFi) sector, attracting institutional interest.
Unlock High-Quality Yields with a Multi-Chain Vault
- MANTRA and Ondo Foundation incentivize a multi-chain vault for users.
- Contributing USD Coin (USDC) provides immediate access to high-quality yields.
- Staying invested until MANTRA Chain’s mainnet launch earns ONDO tokens and mainnet OM coins.
- The vault is set to open to the public in June on Ethereum (ETH) and Base.
The Fusion of DeFi Composability and Institutional-Grade Finance
MANTRA’s goal is to integrate DeFi composability with institutional-grade finance on-chain, utilizing features such as over-collateralization, third-party oversight, and investor protections offered by USDY. To manage increasing returns efficiently, MANTRA and Ondo Foundation have designed a rewards distribution schedule tied to community participation milestones. Nathan Allman, CEO of Ondo Finance, and John Patrick Mullin, co-founder and CEO of MANTRA, express their excitement about the project.
Introduction of MANTRA’s New Blockchain
MANTRA’s upcoming blockchain will launch with Ondo’s USDY as its genesis asset, providing exposure to short-term US Treasury yields while retaining stablecoin utility. Notably, USDY is not registered under the US Securities Act and is unavailable for sale to US citizens.
Hot Take: Opportunities in RWA Tokenization Await You!
Engage with MANTRA’s innovative RWA savings vault backed by Ondo’s USDY to access high-quality yields and participate in the intersection of DeFi and institutional-grade finance. Stay tuned for the launch of MANTRA’s new blockchain, offering exposure to US Treasury yields while leveraging stablecoin features. Seize the opportunity to be part of the evolving RWA ecosystem with MANTRA and Ondo Foundation!
By
By
By
By
By