Mantra Community Anticipates 50 Million OM Token Airdrop

As the
cryptocurrency
market sees a rise, excitement is palpable among the Mantra community. The Mantra team announced a significant airdrop of 50 million OM tokens, heightening this enthusiasm. Over 350,000 community members,
NFT
holders, stakers, and contributors will be eligible for this major “GenDrop” airdrop. The team hinted at this announcement back in April, and now the distribution is nearly upon us.
Contents
Airdrop Announcement and Distribution List
Distributions to Other Categories
Airdrop Announcement and Distribution List
The Mantra team revealed that the 50 million OM airdrop will take place on November 8. This announcement has been highly anticipated by the community. The distribution list has also been published, allowing participants to check their group placements. Users can observe their distributions through the Mantra Zone platform.
To streamline the airdrop process, the team activated the “GenDrop Checker” tool, enabling users to verify their potential airdrop amounts. Eligibility criteria were detailed, and participant addresses were shared.
The team plans to execute the distribution across various groups, each with defined eligibility criteria. This model aims to provide all participants a more equitable chance at receiving tokens.
Distributions to Other Categories
According to the official announcement, the OM airdrop will be allocated among a total of 11 groups and 350,000 users. 60% of this amount (30 million OM) is reserved for those participating in KARMA Pre-Mainnet Tasks. Approximately 124,758 addresses will receive tokens from this pool. The team stated that over 57% of all KARMA tokens will be distributed among only 124,760 addresses.
The second-largest distribution is allocated for Galxe Season 1 participants, encompassing 12% of the total supply and qualifying approximately 125,725 addresses. Users who have earned 215 points or more from Galxe tasks will benefit from this airdrop. Additional requirements have also been established for users who added an EVM address.
Other categories included in the distribution consist of ATOM stakers, Bad Kids NFT holders, Celestine Sloths NFT holders, Pudgy Penguins NFT holders, and Testnet validators. MANTRA will allocate tokens to other categories like NFTs and Bit Kids in specified proportions.
The Mantra team has successfully captured the community’s interest once more. Although the official distribution date for the OM airdrop has not yet been disclosed, excitement is building. The potential impacts on OM prices remain a focal point in the market discussion.
Successfully completing the airdrop could strengthen Mantra’s position within the ecosystem. Participants should carefully review the eligibility criteria to assert their rights. The post-distribution token movement may create various dynamics in the market.
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Disclaimer:
The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.