What is MANTRA?

MANTRA Chain is a Layer 1 blockchain that supports multiple virtual machines and is compatible with the Ethereum Virtual Machine (EVM). It allows developers and institutions to incorporate compliance at both the chain and smart contract levels, offering a permissionless environment designated for permissioned applications.

Founded to secure a DeFi exchange license from Dubai's Virtual Assets Regulatory Authority (VARA), MANTRA aims to facilitate on-chain asset management in the Middle East. The project combines features of decentralized finance with regulatory compliance, indicating its focus on a compliant framework for digital asset management.