Discover MANTRA Chain, a Layer 1 blockchain tailored for tokenizing real-world assets while ensuring regulatory compliance. Explore its unique attributes, compliance tools, token services, and the DeFi hub, MANTRA DEX, which leverages the Cosmos ecosystem for efficient and secure asset trading.

What is MANTRA Chain?

MANTRA Chain is a Layer 1 blockchain that operates within the MANTRA OMniverse ecosystem. It is designed to provide robust infrastructure for tokenizing both real-world and encrypted assets. Developed on the Cosmos SDK platform, this initiative targets users, particularly those new to the crypto market, by offering a secure and compliant environment.

MANTRA Chain is built with standardized modules, allowing it to utilize licenses from regulatory bodies effectively. This feature is particularly appealing to users and developers interested in creating decentralized applications that integrate Real World Assets (RWAs) in a transparent and regulated market.

This Layer 1 blockchain employs Byzantine Fault Tolerant (BFT) protocol technologies like Tendermint, ensuring a secure and high-performance system that meets stringent regulatory requirements. This setup facilitates the development of Web3 applications without legal obstacles and supports scalability within regulatory frameworks.

Learn more about Mantra Chain.

Mantra Chain Features

MANTRA Compliance Module

MANTRA Compliance is a suite of tools and services designed to assist Web3 platforms in adhering to various regulatory requirements related to cryptocurrency transactions and other financial activities. Its goal is to provide an automated and streamlined way for Web3 businesses to manage their regulatory compliance obligations, enabling safer and easier participation in the growing cryptocurrency economy.

MANTRA Compliance offers a range of features, including know-your-customer (KYC) / know-your-business (KYB) protocols, AML/sanctions screening, and transaction monitoring. Additionally, it provides tools for risk assessment, reporting, and managing regulatory changes.

Built on the MANTRA Chain’s blockchain platform, MANTRA Compliance allows real-time and transparent tracking of transactions and financial activities. This capability helps businesses detect and prevent fraudulent activities more effectively and reduces the risk of regulatory non-compliance.

Key Features of MANTRA Compliance:

• Onboarding: Includes user identification and verification (KYC/KYB), business verification (KYB), wallet address verification, AML screening, and more.
• Reusable KYC: Utilizes DID / Soulbound NFTs to streamline KYC processes.
• Ongoing AML Checks: Continuously monitors user profiles for AML compliance.
• User Risk Scoring: Assesses user risks based on activity and behavior.
• Transaction Monitoring (KYT): Monitors transactions for suspicious activity.

On-chain Decentralized ID

As part of MANTRA Compliance, the On-chain Decentralized ID (DID) system offers a secure, efficient, and reusable method for verifying an individual’s identity for regulatory KYC/AML purposes. Once a user’s identity is verified, a Soulbound NFT/ID is issued.

A Soulbound NFT/ID is a unique, non-fungible token linked to a specific user’s ID. It serves as proof of the user’s identity and can be used for various purposes, including third-party KYC verification. This system ensures that personal information is not duplicated and simplifies the KYC process for users.

MANTRA Token Service Module

The MANTRA Token Service (MTS) is a versatile SDK (Golang + NodeJS) that enables Web3 businesses to create, issue, distribute, and manage digital assets on the MANTRA network.

One of the standout features of MTS is its ability to help businesses create digital assets compliant with various regulatory frameworks, such as those governing fiat currencies, securities, commodities, or other financial instruments. This compliance makes it easier for businesses to trade regulated assets across different jurisdictions.

MTS operates on a permissioned model, ensuring that only approved entities can create, manage, or transfer tokens on the platform. This approach helps maintain responsible usage and compliance with relevant laws and regulations.

Key features of MANTRA Token Service

• Asset Management: Create, issue, and manage both fungible and non-fungible assets.
• Access Control: Role-based access control with capabilities to freeze, seize, destroy, and transfer tokens.
• Configurable Yields and Royalties: Set up customizable yield and royalty structures.
• Low Fees: Offers predictable and affordable transaction fees.

MANTRA Assets Module

MANTRA Assets is a straightforward dApp that utilizes the MANTRA Token Service SDK to allow entities to issue security tokens on the network. It simplifies the process for businesses, organizations, and individuals to launch security tokens representing real-world assets such as securities or other financial instruments.

MANTRA Assets provides tools to manage security tokens, including tracking ownership, granting or revoking permissions, and automating processes like dividend distribution.

MANTRA DEX

MANTRA DEX is a DeFi hub within the Cosmos ecosystem designed to make real-world asset trading more efficient and secure. It offers investors a fast and reliable platform to trade real-world assets, bridging the gap between TradFi and DeFi.

Key features of MANTRA DEX

• Automated Market Making (AMM): Ensures fair and efficient markets for trading assets.
• Liquidity Provision/Farming: Incentivizes liquidity providers to maintain platform liquidity.
• Order Book: Offers transparent order books for efficient price discovery (future feature).
• Cross-chain Compatibility: Utilizes Cosmos IBC for asset trading across multiple blockchains.
• High Speed and Low Latency: Provides a seamless trading experience.
• User-friendly Interface: Simplifies navigation and trading for users.
• Staking Rewards: Users can earn rewards through the staking program.
• Asset Tokenization: Integrates with MANTRA Token Service.
• Dynamic Fees: Adapts trading fees based on market conditions to support a sustainable ecosystem.

Conclusion

With its emphasis on compliance, interoperability, and user accessibility, MANTRA Chain is positioned to drive innovation and growth in the decentralized finance sector. By leveraging the Cosmos SDK, decentralized identity systems, and cross-chain interoperability, MANTRA Chain aims to make finance more inclusive, secure, and efficient.

About OriginStake

Originstake is your professional and trusted validator that assists you in your staking activities. We provide full support services, a reward management dashboard, rewards sharing, and much more!

With Originstake, staking is safe, profitable, and extremely cost-effective!