MANTRA Network is thrilled to announce the launch of its first $OM Liquidity Pool on the Base Chain. This development is a significant step towards enhancing on-chain liquidity and creating a thriving multichain RWA ecosystem.
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Establishing Deep $OM Liquidity
In May, MANTRA Network proposed a DAO core plan to establish the first $OM liquidity pool on Base Chain, which received overwhelming support. Following approval, they initiated efforts to bring $OM to Base Chain. Currently, the OM/ETH Liquidity Pool on Uniswap boasts over $5 million in liquidity, facilitating seamless swaps on Ethereum. Now, this deep liquidity is extended to the Base $OM LP on Uniswap. The newly launched pool on Base is seeded with 25% of the existing Uniswap LP on Ethereum, enabling seamless $OM swaps on Base Chain with minimal slippage.
Users can now bridge $OM with BASE, gaining access to the MANTRA ecosystem and early access to future products on Base Chain. Bridging $OM between Ethereum and Base can be done via Superbridge: [Superbridge](https://base.superbridge.app).
- OM contract address on BASE: 0x3992b27da26848c2b19cea6fd25ad5568b68ab98
- OM/WETH Liquidity pool address on BASE: 0x61e26cbc72a3623f75aa2828b39ab60cdb952c93
Enhancing $OM Utility with Base Chain’s Liquidity
Base Chain offers a significant opportunity to reach a broader audience with MANTRA Network’s RWA-focused offerings. Launching the $OM liquidity pool on Base Chain is a crucial step in accessing on-chain liquidity and enabling a comprehensive cross-chain ecosystem.
By establishing a strong presence within Base Chain’s ecosystem, MANTRA Network is preparing for seamless integration with future financial products, ensuring Base users can interact with RWA-focused offerings within a familiar and liquid ecosystem.
With robust LPs now available on both Ethereum and Base Chain, MANTRA Network aims to provide users with more flexible ways to access $OM as they approach their mainnet launch. The commitment to a multi-chain strategy will unlock wider participation in the RWA space and boost user engagement.
Conclusion
The launch of the $OM Liquidity Pool on Base Chain marks a pivotal advancement for MANTRA Network, reinforcing its mission to build a robust, compliant, and transparent RWA ecosystem. This initiative not only enhances liquidity but also sets the stage for the seamless introduction of future financial products on Base Chain. By expanding their multi-chain strategy, MANTRA Network continues to drive broader participation and engagement, solidifying its position as a leader in the blockchain space.
About MANTRA Network
MANTRA Network is an institutional-grade Layer 1 blockchain for RWAs, bringing world finance on-chain. As a permissionless chain capable of adhering to and enforcing real-world regulatory requirements, MANTRA Network empowers developers and institutions to participate seamlessly in the evolving RWA tokenization space. They offer advanced tech modules, compliance mechanisms, and cross-chain interoperability.
MANTRA Network—From Institutions to Individuals: Bringing Finance Onchain.
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