November was a month defined by significant advancements, showcasing both scale and real world utility. Highlights included the successful inaugural mint of mantraUSD and the approval of Proposal 26, which initiated the redenomination of $OM to $MANTRA. This growth was further underscored by the introduction of key native infrastructure additions and dApps including Lotus, Brickken, Element Market and NestiFi. 

mantraUSD: Update

M0’s proposal for mantraUSD officially passed, leading to the successful first mint of mantraUSD. Already tradeable on Lotus with a wider roll out in 2026, mantraUSD is a new stablecoin, purpose-built for RWAs and designed to distribute 100% of the treasury’s yield back to the ecosystem that drives its adoption. mantraUSD is fully collateralized by U.S Treasuries and powered by M0, the universal stablecoin platform that enables crypto apps and protocols to create application-specific stablecoins. 

Redenomination of $OM to $MANTRA 

On 6 November,  Proposal 26 passed, cementing the decision to rebrand MANTRA Chain’s native coin from $OM to $MANTRA and to apply a 1:4 token redenomination. This change will streamline the ecosystem under a unified brand, align tokenomics across the chain, and prepare the platform for global expansion with a larger nominal supply (from 2.5 billion to 10 billion) without diluting holder value. With Proposal 26 now approved, the transition to $MANTRA is officially moving forward, consolidating liquidity and simplifying the native‑token framework for all users.

Native DEX Launch: MANTRA X Lotus

Lotus, our native decentralized exchange, which is now the backbone for liquidity, token swaps, yield opportunities, and future RWAs/stablecoin pools officially launched. This gives the entire MANTRA ecosystem a default hub for onchain liquidity, enabling both full‑range AMM (V2) and concentrated‑liquidity pools (V3).

Lotus introduces a “Proof‑of‑Contribution (PoC)” mechanism, where user contributions are measured by impact (long‑term influence) and activity (short‑term engagement), rather than just by volume or size of transactions. This aligns incentives with genuine community value, not just token volume.

Institutional‑Grade Tokenization Infrastructure: MANTRA X Brickken

With the deployment of Brickken on MANTRA Chain, our infrastructure now supports full‑fledged, compliant institutional tokenization. Brickken enables issuers to tokenize a variety of real world assets including equity, debt, real estate, funds, infrastructure, commodities and private credit, as well as manage issuance, governance, distributions and lifecycle events through a unified, compliant interface.

Given Brickken’s track record (hundreds of millions in tokenized value across 16+ countries, and a co‑author of the institutional token standard ERC‑7943), this integration is a strong validation of MANTRA Chain’s readiness for large‑scale RWA deployments.

NFT Culture Comes to MANTRA EVM: MANTRA X Element Market

Element Market, a cross‑chain NFT marketplace, integrated directly with MANTRA EVM. From now on, anyone can permissionlessly launch NFT collections on MANTRA. This opens the door to digital art, collectibles, community‑driven assets, and more creative use cases.

This isn't just about DeFi or institutional assets. It's about culture, community, and giving creators a home on MANTRA. Lower fees, fast transactions, and (soon) the ability to denominate fees or prices in mantraUSD, will all combine to make this a meaningful step toward a broader ecosystem.

Making Investing Accessible for Families: MANTRA X NestiFi

We also welcomed NestiFi, an AI-driven platform designed for family‑oriented investing, financial planning and long‑term goal tracking. NestiFi allows families, parents, grandparents, younger generations, to pool resources, invest in diversified portfolios (index funds, tokenized RWAs, etc.), and manage wealth together in a compliant, user‑friendly way (even using phone number or email for wallet creation).

It’s an important evolution - from institutional‑only infrastructure toward real world financial tools that everyday users and families can use.

$OM Migration Update

The deadline of 15 January for migrating $OM from the ERC-20 standard on Ethereum to MANTRA Chain is fast approaching. So far, over 610,000,000 $OM has been successfully migrated.

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