We’re extremely pleased to announce the launch of MANTRA’s first $OM Liquidity Pool on Base! This move marks a notable milestone in bringing liquidity onchain to create a thriving multichain RWA ecosystem.

Building Bridges for Deep $OM Liquidity

In May, we submitted a DAO core proposal to establish the first-ever $OM liquidity pool on Base Chain, and we were humbled by the overwhelming support we received from all our Sherpas.

Upon approval, we started working to bring $OM to Base Chain. Our OM/ETH Liquidity Pool (LP) on Uniswap already has more than $5M in liquidity, enabling you to swap freely on Ethereum. Similarly, we’re bringing this deep liquidity to the Base $OM LP, now live on Uniswap. The newly launched $OM pool on Base has been bootstrapped with 25% of the existing Uniswap LP on Ethereum. This would enable you to seamlessly perform $OM swaps on Base Chain with minimal slippage.

In addition, users can now bridge $OM with BASE, unlocking the potential to participate in the MANTRA ecosystem. This provides early access to future MANTRA products launched on Base Chain. In order to bridge $OM between Ethereum and Base, you can now use Superbridge: https://base.superbridge.app

OM contract address on BASE: 0x3992b27da26848c2b19cea6fd25ad5568b68ab98

OM/WETH Liquidity pool address on BASE: 0x61e26cbc72a3623f75aa2828b39ab60cdb952c93

Amplifying $OM Utility with Base Chain’s Robust Liquidity

Further, Base represents a strong opportunity to reach a broader audience with our RWA-focused offerings. The launch of the $OM liquidity pool on Base Chain represents the next step in accessing onchain liquidity and enabling a comprehensive cross-chain ecosystem.

By establishing a strong presence within Base Chain’s ecosystem, we’re laying the groundwork for seamless integration when we launch future financial products. This ensures Base users can interact with our RWA-focused offerings within a familiar and liquid ecosystem.

We’ve now launched robust LPs on two key chains; Ethereum and Base Chain, and there’s more to come. Our goal is to provide users with more flexible ways to access $OM as we move closer to our mainnet launch.

Our unwavering commitment lies in executing our multi-chain strategy, which will unlock wider participation in the RWA space and fuel user engagement.