Partnership announcement: DAOventures x MANTRA DAO
Stake your DVG in MANTRA DAO’s ZENTEREST lending platform!
After our hugely successful TGE on Polkastarter and having already announced long-term and strategic partnerships with some of the most prominent projects and firms in the space, we are not turning down the heat one bit!
The second half of February will be packed with integrations and partnerships that will help bolster DAOventures’ position as a go-to platform for easy-to-use and secure DeFi products — we’re making decentralized finance more accessible than ever before, and we’re working with some of the most innovative projects in the space to do so.
MANTRA DAO strategically invests in DAOventures
Our mission to level the playing field and open the floodgates for DeFi’s mainstream adoption is shared with our most recent partner project and one of our strategic investors — MANTRA DAO.
MantraDao participated in DAOventures’ private round and, having already earned a spot as a force to be reckoned with in the DeFi space and with a flourishing ecosystem composed of some of the industries most promising projects, we are excited to be partnering with such an impactful platform.
DVG x ZENTEREST
Our partnerships extend to more than just investment and we are very excited to announce that DAOventures is also collaborating with MANTRADAO to provide DVG Tokens to MANTRA DAO’s newly announced ZENTEREST Lending platform!
- ZENTEREST is an overcollateralized money market lending protocol on the MANTRA DAO platform and is amongst the first in what will prove to be a long line of MANTRA DAO DeFi products.
- Users can supply and use over 40+ crypto assets as collateral in a peer-to-peer decentralized fashion.
- Users will be able to lock their DVG tokens in ZENTEREST to borrow against other assets.
ZENTEREST will maintain a bespoke set of listed assets. The supplying and borrowing of those assets will be incentivized by additional $OM token rewards that will be distributed to both collateral suppliers and borrowers.
Get ready to stake your DVG tokens!
Full details will be shared in the coming days.
“Providing our community with better DeFi investment strategies is one of our priorities. We chose MANTRA DAO to accelerate our cooperative mindset introducing diverse staking instruments to our DVG’s token investors. Together we can can add more firepower towards our common mission to bring DeFi to the masses.” Alvin Foo Co-founder of DAOventures
“As a DAO ourselves, we truly see the value in partnering with a project like DAOventures that offers complimentary DeFi products to our existing platform. We’re very excited to both be an early investor, supporter, and partner to DVG and look forward to further integrating our DAO communities and products in the coming months.” JP Mullin, Co-founder of MANTRA DAO
We are excited for the future possibilities that accompany working with MANTRA DAO and plan to create even more opportunities for members of both the DVG and the OM community to benefit from the power of DeFi in the future.
About MANTRA DAO
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
About DAOventures
DAOventures is a DeFi robo-advisor and automated money manager platform. Imagine “Robinhood for DeFi”. It is our mission to make DeFi simpler, accessible & inclusive. We believe in creating a simpler, more accessible, and more open world that is permissionless, inclusive and guided by our DNA of continuous learning, integrity and transparency.