M^0

About - mantraUSD is a US Treasury-backed stablecoin powered by M0 for the MANTRA ecosystem. Learn more about MANTRA at https://mantrachain.io/ • Extension Name: MANTRA USD • Targeted Chains: MANTRA CHAIN • Extension Ticker: mantraUSD

Yield Distribution - This uses the YieldToOne extension. All yield earned will go to the MANTRA ecosystem for future investments in growth of the ecosystem.

Use Cases - mantraUSD will have 2 main use cases in the MANTRA ecosystem:

1. Hub of Liquidity Pools - mantraUSD will be the default settlement token and the hub of liquidity pools in both DEXs (QuickSwap and Lotus) on MANTRA chain
2. Preferred settlement currency - In our signature 1st party app, MANTRA Finance, mantraUSD will be the preferred token in our licensed RWA launchpad, licensed RWA vaults, and the 1st licensed DEX in the world.

Roadmap for Inflows - There are 4 upcoming milestones that should drive notable inflows:

1. Launchpad - First RWAs issued via MANTRA Finance launchpad will use mantraUSD as the primary token for settlement.
2. Vaults - Our first RWA Vaults will bring 4 notable TradFi funds onchain. All value will be stored in mantraUSD inside the vaults.
3. CEX Listings - We are in conversations with several CEXs to list mantraUSD.
4. Incentive campaigns - We are partnering with Turtle and Merkl to bring notable inflows of liquidity to MANTRA chain in Q1.

Freeze Manager Role - In addition to our in-house ops team monitoring for wallets that should be frozen, Predicate will also be added to the freeze role to assure the highest level of AML & sanctions compliance.

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