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MANTRA

OM Token — Circulating Supply Emission Schedule (Update — September 4th, 2020)

Continuing Our Commitment to Complete Transparency

OM Token — Circulating Supply Emission Schedule (Update — September 4th, 2020)
  • No lock-up:
  • All 75,555,555 OM were distributed and have been circulating since TGE
  • All 75,555,555 OM are eligible to be staked and earn staking rewards since day 1 of TGE
  • Locked-up with roughly 6 month evenly distributed vesting events:
  • 13,333,333 OM were distributed and have been circulating since TGE
  • 13,333,333 OM will be unlocked on each of the 31st, 61st, 91st, 121st and 151st days since TGE
  • All 80,000,000 OM are eligible to be staked and earn staking rewards since day 1 of TGE
  • Locked-up with vesting as follows:
  • Zero OM will be circulating at TGE, and for the first 180 days since TGE
  • 1/18th, or ~8,641,975 OM, will vest and come into circulation every thirty days, from the 181st day through the 691st day since TGE
  • All 155,555,555 OM are eligible to be staked and earn staking rewards since day 1 of TGE
  • 10,000,000 OM were released within the first 2 days since TGE for funding of exchange staking rewards programs
  • 30,000,000 OM will be released evenly split on a daily basis from day 16 to day 90 since TGE (equivalent to 400k OM daily release), and will be used for funding of both off-chain and on-chain staking rewards programs
  • The remaining balance of 226,666,666 OM will be released following a non-linear decaying growth function starting on day 91 since TGE, such that a greater proportion of staking rewards will be unlocked on the early days and all staking reward tokens have been fully released by day 1,826 since TGE (roughly 5 years since TGE)
  • Locked staking reward tokens are not eligible to earn staking rewards
  • Unlocked and distributed staking rewards will be eligible to be staked and earn staking rewards from the day they become unlocked and distributed to token holders
  • 10,000,000 OM were released within the first 2 days since TGE for funding of initial token distribution referral programs
  • 22,000,000 OM will be released evenly split on a daily basis from day 16 to day 180 since TGE (equivalent to ~133k OM daily release), and will be used for funding of various referral and promotional incentive programs
  • The remaining balance of ~79,111,111 OM will be released on a rolling basis at a linear release rate starting on day 181 since TGE, such that all referral tokens have been fully released by day 1,826 since TGE (roughly 5 years since TGE)
  • Locked referral tokens are not eligible to earn staking rewards
  • Unlocked and distributed referral tokens will be eligible to be staked and earn staking rewards from the day they become unlocked and distributed to token holders
  • 11,111,111 OM were released within the first 2 days since TGE for liquidity provisions and strategic initiatives by the MANTRA DAO Foundation
  • 22,000,000 OM will be released evenly split on a daily basis from day 16 to day 180 since TGE (equivalent to ~133k OM daily release), and will be used for funding strategic initiatives by the MANTRA DAO Foundation
  • The remaining balance of ~55,777,778 OM will be released on a rolling basis at a linear release rate starting on day 181 since TGE, such that all reserve tokens have been fully released by day 1,826 since TGE (roughly 5 years since TGE)
  • Locked reserve tokens are not eligible to earn staking rewards
  • Unlocked and distributed reserve tokens will be eligible to be staked and earn staking rewards from the day they become unlocked and distributed to token holders
  • Grant tokens are meant to be used to fund MANTRA DAO protocol improvement and development initiatives, and will only unlock upon community on-chain governance proposals passing minimum thresholds of approval
  • Should grants not be needed for the MANTRA DAO ecosystem’s growth, the grant tokens will never be unlocked and will essentially never enter circulation
  • Locked grant tokens will not be eligible to earn staking rewards
  • Unlocked and distributed grant tokens will be eligible to be staked and earn staking rewards from the day they become unlocked and distributed

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