Omega Arrives on Mantle Network: Unlock Cross-Margin Lending & Leveraged Farming
01/07/252 min read
by Mantle
DeFi
Mantle
We're excited to announce that Omega, a cross-margin lending and leveraged farming protocol, is now live on Mantle Network. Whether you want to earn passive yields or leverage your assets to maximize rewards, Omega's integration with Mantle unlocks new possibilities across the ecosystem.
Exclusive Perks for Early Supporters
All Omega users — whether passive liquidity providers or active DeFi farmers — will be eligible to earn future $OMGA token rewards and a portion of a $100,000 USDT incentive pool. Here's how you can participate:
-
Passive Liquidity Providers: Deposit supported assets into Omega's liquidity pools, including $wETH, $cmETH, $mETH, $USDe, $sUSDe, $wMNT, $USDT, $AUSD, and $FBTC. Your deposits will immediately start earning Omega points, which qualify you for future airdrops and additional rewards.
-
Active DeFi Farmers: Deposit assets into Omega's collateral vaults, borrow up to 6x leverage from available liquidity pools, and deploy the borrowed funds into Omega's customized strategy vaults. This setup gives users the opportunity to farm various points incentives across Mantle Ecosystem. Omega has established strategic alliances with Merchant Moe and AGNI Finance, enabling users to farm V3 liquidity pool pairs for maximized yields and points farming. The current vaults offer opportunities to earn Powder, Ethena Shards, and Omega points.
A Shared Vision for Growth
Eric Ryklin, Co-Founder of Omega, shared his enthusiasm for the collaboration by saying: "We are incredibly excited to bring Omega to life on Mantle Network. Our core mission is to create capital-efficient yield opportunities for users while simultaneously creating a healthier, more stable liquid ecosystem."
Gabriel Foo, DeFi Growth Lead at Mantle adds: "Omega's deployment on Mantle Network unlocks new dimensions of DeFi composability, offering users access to unique yield opportunities through an innovative cross-margin lending and farming design. This alliance strengthens our commitment to creating a robust ecosystem that promotes capital efficiency and empowers users to explore advanced DeFi strategies."
Ready to Dive In?
Head over to Omega.xyz and start exploring everything Omega has to offer on Mantle, from innovative lending solutions to exciting yield opportunities and exclusive rewards for early contributors.
To stay fully updated on all the latest happenings at Omega, be sure to follow their X/Twitter account so you don’t miss a thing. While you’re at it, if you’re not already following Mantle, drop us a follow — we have some amazing things in store for the year ahead!