Onchain OMies X Lotus Dex 🏡 🪷

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OMies 🏡
@OnchainOMiesOct 9, 2025

The Spaces featured host Omi Albert (Mantra Chain) in conversation with Tommy from Lotus Dex marketing, plus community voices like Duster and Token Sherpa OG. Tommy outlined Lotus Dex’s mission as Mantra Chain’s native DeFi liquidity layer bridging composable on-chain finance with real-world assets by reducing centralized intermediaries and deepening RWA liquidity. The soft launch shows strong traction—around $10M TVL on testnet and over 3,200 users—driven by clean UX for swaps/LP and a points-based “Proof of Contribution” model. Tommy dropped two pieces of alpha: (1) Omelette Finance, a native yield engine for RWA/stablecoin flows on Mantra, enabling simple, composable yield and shipping “very soon” with a new X account; and (2) Impact Share, a unified points system that tracks on-chain actions and social engagement across channels, granting boosts/multipliers for Omi holders. Mainnet readiness hinges on operational stability, organic trading volume, user stickiness, and quality community growth. While detailed tokenomics for Omelette will be announced closer to mainnet, guiding principles are utility over speculation, fair/transparent distribution, and long-term alignment. CTAs: follow Omelette’s X, join Lotus Dex Discord to provide feedback, participate in testnet activities, and engage to earn points and future benefits.

Lotus Dex x Mantra Chain Space: Vision, Soft Launch Progress, and “Omelet Finance” Alpha

Participants and Roles

  • Omi Albert (Host; On-chain Hermes / Mantra Chain community): Moderator, set context, pressed for alpha and timelines, and emphasized community calls-to-action.
  • Tommy (Tom) (Marketing/Growth contributor at Lotus Dex): Main guest; articulated product vision, launch metrics, incentives, and dropped alpha on “Omelet Finance”.
  • Duster (Community DJ, speaker): Asked timeline and follow-up questions; highlighted community reward mechanics seen in previews.
  • Token Sherpa (Community contributor, speaker): Asked about Discord role expansion.
  • Audience mentions: JP, Prof K, Mr Loops, Dunk, Songbird, HODL Wizard, Atlas, Ekin, Token Sherpa OG, Zombie token community (testnet), and broader “Omis”.

Overview

The space centered on Lotus Dex’s role as Mantra Chain’s native liquidity layer focused on real-world assets (RWA), its soft launch performance on testnet, community incentive design (“Proof of Contribution” / Impact Share), and an exclusive alpha reveal of a new product line: “Omelet Finance,” a native yield engine oriented to real assets and stablecoin strategies. The team reiterated a community-first approach, upcoming improvements before mainnet, and priority benefits for OM/Omi holders.

Lotus Dex: Vision, Positioning, and Feature Set

Branding and Concept

  • Inspired by the lotus flower’s resilience—“rising from the muck to bloom”—as a metaphor for DeFi building robust, permissionless finance atop complex, real-world conditions.
  • Aims to be Mantra Chain’s “real-world finance hub,” marrying on-chain composability with institutional-grade RWA activity.

Product Stack and Features

  • Native AMM and liquidity infrastructure: Supports V2 and V3 AMM models.
  • Core services: Swaps, liquidity provision (LP), permissionless token creation and pool launch.
  • Integrated protocol components and yield-bearing assets support planned.
  • Designed for approachable UX: Lower barriers to entry for swapping and LP.

Gap Lotus Dex Is Solving

  • Bridges on-chain composable finance with real-world value streams.
  • Reduces reliance on centralized intermediaries while enabling deeper, permissionless liquidity for real-world-tied assets.

Soft Launch Status and Adoption

Testnet Metrics

  • Public tweet noted ~$10M TVL and 2,000+ users during the soft launch.
  • Tommy updated live: 3,216 current users on Mantra testnet being monitored.

Drivers of Traction

  • UX-first design for swaps and LP to reduce friction.
  • Early incentives: QSP/ALI-style mechanisms to reward both “engagement farmers” and value contributors.
  • “Proof of Contribution” narrative: Visibility of individual contributions on Mantra, reinforcing merit-based, transparent community rewards.

Community Token Experiments

  • Permissionless token creation and pool launch are active on testnet.
  • “Zombie” tokens emerged as community-driven testing to probe token creation flow, speed, and UX; no financial advice implied.

Feedback and Measurement

Feedback Scope and Channels

  • Dedicated Discord channels for user feedback.
  • Areas requested: End-to-end usability and flows (swap, LP provisioning), progression feel, performance/efficiency under live load, edge cases, and bug reports (both positive and negative feedback welcomed).

Proof of Contribution / Impact Share System

  • Impact Share unifies measurement across website, bots, and Discord.
  • Tracks a wide spectrum of actions: on-chain trading, LP, referrals, social engagement (likes, comments), and Discord contributions—“Kaito-style” multi-channel attribution.
  • Next week: More polished “Proof of Contribution” version to clarify accrual of points across actions (trading, LP, referrals, social engagement, and documentation/community reach).

Alpha Drop: “Omelet Finance”

What It Is

  • A distinct product from Lotus Dex, designed as a native yield engine focused on real assets and stablecoin strategies.
  • Goal: Simple, composable yield primitives—“a yield kitchen” where users deposit assets and earn automatically on Mantra.
  • Architectural priority: Future compatibility with Lotus Dex liquidity and yield-bearing assets; complementary rather than overlapping with the DEX.

Timeline and Presence

  • Initial reveal: First week “drop” targeted for next week; detailed disclosures aligned closer to mainnet.
  • New X/Twitter account: “omelet_finance” (noted by the host as very new; Tommy to share official handle beneath the space).

Incentives and Distribution Principles (TBC)

  • Tokenomics and distribution specifics still “cooking”; to be published nearer mainnet.
  • Guiding principles shared:
    • Utility over speculation.
    • Fair and transparent distribution among community, protocol, and contributors.
    • Long-term alignment with Lotus/Mantra vision; emission mechanisms balanced to avoid unsustainable growth.

Benefits for OM/Omi Holders

  • Priority access and boosted multipliers within Impact Share/points systems.
  • “Gifts” and special boosts prepared for Omi holders participating on Lotus.
  • Additional drops/points programs for Omelet are under consideration; Lotus points already active and planned to integrate with Omelet when ready.

Mainnet Readiness and Roadmap

Pre-Mainnet Focus Areas

  • Stability and bug resolution to ensure smooth operations.
  • User stickiness measured by organic trading volume and retention on the site.
  • Community growth in both quality and quantity to sustain value.

Timeline

  • Repeatedly framed as “very soon.” Details will be announced post-polishing and aligned with mainnet readiness milestones.

Q&A Highlights

  • Duster pressed on “when”: Tommy held to “very soon,” reiterating rapid shipping cadence seen to date.
  • Duster noted a robust, upgraded info/attribution module for community rewards he’d previewed—consistent with Impact Share direction.
  • Token Sherpa asked about new Discord roles: Tommy said role structure changes are not planned for Phase 1; potential modifications may follow post-mainnet as community phases evolve.

Calls to Action (CTAs)

  • Follow the new Omelet Finance X/Twitter account once shared officially by Tommy.
  • Join the Lotus Dex Discord to provide feedback, report bugs, and suggest UX improvements.
  • Participate in the Lotus points program and watch for the upgraded Proof of Contribution/Impact Share release next week.
  • Engage across channels (on-chain, social, Discord): contributions are tracked and accrue points.
  • For Omi holders: watch for priority boosts/multipliers tied to Impact Share participation.

Key Takeaways

  • Lotus Dex is positioning as Mantra Chain’s RWA-focused, permissionless liquidity layer with an emphasis on UX, AMM V2/V3, and integrated yield.
  • Soft launch shows strong early traction; metrics and user behavior are trending positively.
  • “Omelet Finance” is a dedicated yield engine product, complementing Lotus Dex, with initial rollout planned “very soon.”
  • Community rewards will be multi-dimensional via Proof of Contribution/Impact Share, with explicit benefits for Omi holders.
  • Mainnet criteria center on stability, organic activity, and community maturation; timelines are near-term.

Open Items and Watchlist

  • Omelet Finance token/points specifics, emissions, and distribution roadmap: TBA.
  • Finalized Impact Share rules, weights, and scoring transparency: updates expected next week.
  • Mainnet launch date and post-launch role structure in Discord: to be announced following Phase 1 completion.