MANTRA DAO Validator Update for January 2022

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Avatar for abdou22
2 years ago

Delegator rewards emissions are set at 1 million $OM per month and will remain unchanged for the month of January 2022 at:

  • COSMOS validator node — 700,000 $OM per month

  • DOT validator node — 150,000 $OM per month

  • KSM validator node — 150,000 $OM per month

Status for December 2021 Delegator Rewards as of January 4th, 2022, 4 AM UTC:

  • COSMOS - Now Claimable

  • DOT & KSM - Pending (please check back later for update)

Once a month, a reward bucket will be claimable by Sherpas which have linked and are delegating to our supported nodes. Sherpas will have two options with claiming their rewards, 20% unlocked in 30 days (sacrifice 80%), or a 100% full reward claim after 180 days of lock up.

We will be adding our enhanced $OM delegator rewards to more of our nodes so stay tuned for updates!

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focused on Staking, Lending, and Governance. It gives financial control back to the people, so that they may store and grow their wealth together. The MANTRA DAO team aims to leverage crowd wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Initially built on Substrate as a Polkadot first project, it now also offers its services on Ethereum, Binance Smart Chain, and Polygon.

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