February DOT & KSM Nominators Once Again To Receive 1 Million OM!
February rewards are claimable now, while 1 Million OM March rewards begin!
Continuing our announced enhanced OM rewards program for DOT & KSM nominators, we have made the February rewards of 500,000 OM for DOT nominators and 500,000 OM for KSM nominators from the MANTRA DAO Foundation Staking Rewards claimable as of today on the MANTRA DAO platform.
Our enhanced OM rewards program for March 2021 also starts today and continuing our rewards of:
500,000 OM for DOT nominators
500,000 OM for KSM nominators
Validator Addresses
All 4 addresses are live and nomination to any of our addresses will earn delegation rewards :
DOT 1: 1U3SRGexTgwQgaKHGFgFvAF1FLMqKUHCSPtAgGUuZ3En6T8
DOT 2:14B2ArWoQKrZy6mcHF6St6GKajTX1WzUAqpQhiVs7Bkq8n7W
KSM 1: HhZkxUEceUTr4FYNUAZECizfd5QLVKMdfZAL1eY3xPAPmwA
KSM 2:FgLXQHptvj9PEmkJxvTEAeD7SbpD9rZPGPQ3U7WaEqNDMCD
Asset and staking details:
-Assets:
DOT & KSM
-Estimated Annualized Rewards:
DOT: ~13.50% APR + Variable APR OM rewards
KSM: ~ 14.00% APR + Variable APR OM rewards
-Additional OM Reward Distribution:
DOT: 500,000 OM for February 2021 based on individual node contributions proportional to the total staked amount for the node (this is the same for March 2021).
KSM: 500,000 OM for February 2021 based on individual node contributions proportional to the total staked amount for the node (this is the same for March 2021).
-Additional OM Reward Claim Periods:
Short Claim: 1 month (to receive 20% of accrued rewards, 80% of rewards are forfeited and reinvested towards long-term stakeholders).
Long Claim: 6 months (to receive 100% of your rewards).
-Reward Accrual Terms:
DOT: Rewards accrue every 24 hours (1 era = 24 hours)
KSM: Rewards accrue every 6 hours (1 era = 6 hours)
-Unbonding Periods:
DOT: Unbonding period is 28 days
KSM: Unbonding period is 7 days
-Staking Wallets:
DOT and KSM is just the beginning of our enhanced staking rewards initiative that will incentivize numerous stakers and blockchain communities for nominating/delegating their assets to the MANTRA DAO nodes. We will be continuing to integrate other great projects into our enhanced rewards initiative in order to deliver the best and most encompassing staking platform for our Sherpa community!
About MANTRA DAO
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
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