LABS Token Offering on ZENDIT: Participation & Pool Details

ZENDIT pool will run from 2 PM — 3 PM UTC on Thursday, March 11th

Following our ZENDIT launch announcement for LABS, we are happy to be providing to our Sherpas the details for the LABS’ token offering and instructions to whitelist for participation! We want to thank both the MANTRA DAO and LABS community for their support as we officially kick-off ZENDIT!

LABS will go live this Thursday, March 11th

Pool Open on Thursday, March 11th, 2PM — 3PM UTC

Participation Tiers

Sherpas who meet these participation requirements will be eligible to enter the highest participation tier they qualify for on a per-wallet basis. One wallet can only participate in one tier and cannot participate in multiple tiers.

Our participation tiers for ZENDIT from highest to lowest are:

Tier 1 EVEREST — Supplying 50,000 OM on ZENTEREST (zenOM)

• Max Allocation Amount: $1,000

Tier 2 ACONCAGUA — Staking 40,000 OM (sOM)

• Max Allocation Amount: $800

Tier 3 DENALI — Holding 30,000 OM

• Max Allocation Amount: $600

Tier 4 KILIMANJARO — Holding 100M OM Staked NFT

• Max Allocation Amount: $400

Tier 5 ELBRUS — Holding a MANTRA DAO PolkaPet

• Max Allocation Amount: $200

LABS Token Offering Details

Total Raise Amount: $100,000

Total Amount of Tokens Available: 33,333,333.33 LABS

Price: $0.003

Round tier and terms:

• Private round 1 token allocation
• 6 months vesting; ⅙ unlocked every month starting at TGE

ZENDIT Pools: 2 asset pool will be available with a total of $100,000 available, and their details are the following:

Pool 1)

Asset Pair: OM/LABS

Pool Type: Private Sherpa Pools Only

Total Pool Raise: $50,000

Token Offering Rate (Price): TBD (announced the day of launch)

Minimum allocation: No minimum

Maximum allocation: Based on the specific tier

Pool 2)

Asset Pool Pairs: USDT/LABS

Pool Type: Private Sherpa Pool Only

Total Pool Raise: $50,000

Token Offering Rate (Price): $0.003

Minimum allocation: No minimum

Maximum allocation: Based on the specific tier

Instructions for Whitelisting

1. Join the LABS Group Telegram community: https://t.me/labsgroupio
2. Follow MANTRA DAO and LABS on Twitter:
   - https://twitter.com/labsgroupio
   - https://twitter.com/MANTRADAO
3. Like the announcement tweet of the LABS token offering on ZENDIT on the LABS Group Twitter page and quote retweet it while tagging two friends. Include the hashtags $OM & $LABS

4. Final step, complete this entry form before 8AM UTC on March 10th.

After the whitelist closes at 8AM UTC on March 10th, we will be randomly picking a limited number of Sherpas for each tier who will have access to the pools and will be announcing the winners’ ERC-20 wallet addresses via our Twitter and Official News and Announcements at 11AM UTC on March 10th.

Please note that even if you are randomly selected to access the pool this does NOT guarantee you have an allocation and you will need to act fast in order to take part in the pool!

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

About LABS

LABS is the world’s first end-to-end blockchain powered real estate investment ecosystem. LABS aims to disrupt real estate investments in the largest asset class through the world’s first end-to-end real estate investment ecosystem by fractionalizing real estate investments. Powered by the LABS ecosystem token through decentralised finance (DeFi) and governance.

Website | Whitepaper | LinkedIn | Telegram | Twitter