Overview

Nakamoto Consensus was designed to remove financial intermediaries from the exchange of value between two counterparties. Yet, suboptimal centralized intermediaries have dominated the history of blockchain development. The increasing availability of less volatile but still native cryptoassets, such as stablecoins, is changing the global financial system. But there lacks a means to simply access onchain yield based on real world value flows. As a result, users often are forced to cross the “blood-brain barrier” from onchain to offchain assets in order to access the safety, stability and deep liquidity of traditional financial products. These value transfers are a highly inefficient use of capital that discourages financial institutions from committing capital to the digital asset sector.

According to UBS, total global wealth clocked in at $454.4 trillion in 2023. Total crypto market cap has recently hovered around $2 trillion. So in all the 15 years since Satoshi brought us his “chain of blocks” idea to enforce digital scarcity, the blockchain industry has only managed to get less than 0.5% of the world’s assets onchain. In the next 15 years, that is going to change. We stand today at the precipice of massive growth in the real world asset (RWA) space as regulatory frameworks and networking technologies are maturing to the point where it is possible to enable the efficient issuance, transmission, settlement and highly liquid trading of RWA onchain.

We present MANTRA Chain as a purpose-built layer 1 blockchain ecosystem, specifically designed for the ever-evolving rules and regulations that govern onchain RWAs.