MANTRA
Published in

MANTRA

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.

Nominate your DOT & KSM to MANTRA DAO and receive enhanced OM rewards!

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:

Polkadot{.js}

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.

Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn | Github

--

--

The MANTRA OMniverse encompasses the DAO; MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations; MANTRA Chain: a protocol for regulated assets for the Cosmos eco

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
MANTRA

MANTRA

MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem.