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This month @MANTRA_Chain is launching a RWA savings product with @OndoFinance's $USDY Here's free DYOR for you. A cheatsheet about the 5.3% APY stablecoin that's backed by US Treasuries and demand deposits Plus, how you can benefit as an early user Are you ready? 🕉️

Investing in real world assets needs a real world comparison. For most asset managers, that comparator is known as the “risk-free rate.” This rate is usually somewhere along the Treasury yield curve, between notes and the 10-year T-bill. That makes $USDY the perfect building block when constructing #RWA portfolios. If a risk-return calculation you make on investing in a vault or other onchain protocol on @MANTRA_Chain doesn’t sit right with you, you should be able to just “sit in Treasuries” gaining exposure to the yield offered on short-term Treasuries. And users deserve to be able to access assets of various risk profiles without having to cross the “blood-brain barrier” of bringing onchain assets offchain. Our first vault will debut next month. Our aim is to bring onto MANTRA Chain the deepest liquidity for $USDY.

🔥 MANTRA Launches RWA Savings Vault Powered by Ondo’s USDY #Ondo and #MANTRA will incentivize a multi-chain USDY vault allowing contributors of USDC to gain access to low-risk, short-term US treasuries yield. Those holding until the MANTRA Chain mainnet launch will receive additional rewards — $ONDO and mainnet $OM coins, in addition to the underlying yield. Vaults open to the public in June 2024 on @ethereum and @base chain. ✅ Interested users can join the waitlist here: mantra.jotform.com/241421998848976 MANTRA will also integrate Ondo’s flagship interest-bearing tokenized note, USDY, as a genesis asset when the blockchain debuts later this year. This integration aims to actively build substantial liquidity support for RWA tokenization, catering to the growing demand from institutional investors. Nathan Allman, CEO of Ondo Finance, remarked, “We are excited to see the USDY vault launching on MANTRA, furthering our mission to bring institutional-grade assets to the world. This yield-bearing vault is an exciting step in our journey to bridge traditional finance and decentralized finance at scale.” 👀 Read more: mantrachain.medium.com/mantra-launche… MANTRA - From Institutions to Individuals: Bringing Finance Onchain. $OM #HomeForRWAs

🚀 Exciting news, Sherpas! 🌟 MANTRA just announced the launch of his incentivized RWA Savings Vault powered by Ondo’s USDY! 🚀💰 1⃣ How It Works: A new savings vault featuring USDY, a tokenized note backed by short-term US Treasuries and bank deposits. This lets you earn a return like a stablecoin, but with the added security of US Treasury backing! 2⃣ The Proposal: MANTRA will offer USDY as a genesis asset upon our mainnet launch, expected later this year. This integration aims to enhance MANTRA onchain liquidity and expand MANTRA ecosystem by working closely with top RWA projects. 3/ 🎯 Opportunities: 🔸Early Backers: Contribute USDC and gain access to low-risk, short-term US Treasury yields. 🔸Additional Rewards: Stay invested until the MANTRA Chain mainnet launch to receive extra rewards in ONDO tokens and mainnet OM coins. ✍️Join the waitlist here: mantra.jotform.com/241421998848976 MANTRA & ONDO connect TradFi and DeFi with secure financial solutions. #HomeForRWAs #DeFi #Crypto #InvestSmart #MANTRAChain #OndoFinance #USDY #RWA #Tokenization

🔥 Nomura’s @LaserDigital_ Join #MANTRA as Strategic Investors We are thrilled to announce that Laser Digital, the digital assets arm of Nomura, have made a strategic investment in MANTRA to help us scale #RWA tokenization focusing on the Middle East and Asia. ✅ With Nomura’s extensive network in TradFi and MANTRA’s focus on the Middle East and Asia, this collaboration is one more step towards our vision of Bringing Finance Onchain. Read More: mantrachain.medium.com/mantra-secures… $OM #HomeForRWAs