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Mantra

Basic Information

InformationDetails
Project NameMANTRA
Project Websitehttps://www.mantrachain.io/
Project DescriptionA purpose-built Layer 1 blockchain for real-world assets (RWA), enabling compliance, tokenization, and DeFi services.
Project TickerOM

Airdrop Details

InformationDetails
Airdrop TypeOM (Governance Token)
Total Airdrop Amount50,000,000 OM tokens
Number of Eligible Users350,000+ users
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotVarious dates based on eligibility criteria (May 2 to October 23, 2024)
Claiming StartedNovember 8, 2024
Claiming EndsDecember 31, 2024

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

The airdrop is distributed based on different user activities and engagements across MANTRA’s ecosystem:

KARMA Pre-Mainnet Quests (60%)

  • Largest allocation, covering 124,760 eligible addresses out of 615,000 participants.
  • A kurtotic adjustment was applied to ensure equitable distribution.
  • Conversion ratio: 1 OM = 6.797 adjusted KARMA.

ATOM Stakers to MANTRA Node (8%)

  • Users who staked any amount of ATOM to the MANTRA validator between May 2 and October 23, 2024, are eligible.
  • Staking rewards from commissions will be used to seed an ATOM/USDC liquidity pool on MANTRA Swap.

Galxe Season 1 (12%)

  • 125,725 eligible users.
  • Distribution proportional to points earned, with a minimum of 215 points required.
  • Users had to add an EVM address to qualify.

Bad Kids NFTs (4%)

  • Fixed allocation per NFT: 202.3 OM per NFT.
  • No restrictions for multiple NFT holders.

Celestine Sloths NFTs (4%)

  • Fixed allocation per NFT: 810.7 OM per NFT.
  • No restrictions for multiple NFT holders.

Pudgy Penguins NFTs (3.5%)

  • Fixed allocation per NFT: 210.41 OM per NFT.
  • No restrictions for multiple NFT holders.

Testnet Validators (3.5%)

  • Three reward tiers based on contributions:
    • Tier A (Basic Validator): 8,888 OM
    • Tier B (Validator + Governance Participation): 10,000 OM
    • Tier S (Validator + Governance + Outreach/Infra Work): 22,655 OM

Mad Scientist NFTs (2.5%)

  • Fixed allocation per NFT: 153.86 OM per NFT.

Galxe Season 2 (1%)

  • A much smaller allocation due to bugs and fewer quests.
  • Distribution proportional to points collected, with rewards ranging from 10.36 OM to 62.16 OM.

MANTRA NFTs (1%)

  • Fixed allocation per NFT: 556.17 OM per NFT.

BitKids NFTs (0.5%)

  • Fixed allocation per NFT: 23.29 OM per NFT.

Additional Information

Vesting Schedule

  • Updated from original plan:
    • 1-month cliff (instead of 3 months).
    • 11 months of linear vesting after the initial unlock.
  • This aims to protect early supporters while ensuring new users receive fair allocations. F

    Chakra Pool Participation

  • Users can earn KARMA by depositing USDC into the Chakra Pool.
  • 1,000 USDC deposited = 1 KARMA per day.

Sybil Protection

  • MANTRA implemented Sybil protection measures to prevent gaming of the airdrop.
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