MANTRA 50M $OM GenDrop, Explained

MANTRA
4 min readAug 1, 2024

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MANTRA is at the forefront of a revolution in finance, leveraging the power of blockchain technology to unlock the transformative potential of real world assets (RWAs). Our purpose-built RWA Layer 1 blockchain provides the critical infrastructure for tokenizing real world assets like real estate, clean energy, art, and traditional financial (TradFi) assets, fostering a more inclusive and transparent financial landscape.

With a thriving community and a commitment to innovation, MANTRA will empower individuals and institutions to experience the limitless possibilities of RWA tokenization in a new era of asset ownership.

If you’re new to MANTRA or you want to explore the ecosystem further, you can learn more by visiting the following links:

The MANTRA 50M $OM Genesis Drop (GenDrop) represents a key milestone in our commitment to building a secure, inclusive, and community-driven ecosystem for RWA-focused applications. Here’s exactly why we’re going this route on our journey to shaping the future of finance.

Why GenDrop?

The GenDrop is designed to focus on community building and encourage active participation. We seek to reward early adopters and community members who have interacted with our ecosystem, thus promoting a sense of ownership and long-term engagement.

In summary, by distributing $OM, we incentivize participants to explore the MANTRA ecosystem and become familiar with a comprehensive suite of RWA-focused financial products and applications.

MANTRA GenDrop $OM Eligibility & Participation Details

Next, we’ll dive deeper into the MANTRA 50 Million $OM GenDrop details, explaining who may be eligible and how you can participate in this exciting community initiative.

For starters, this is “Season 2” of the 50M $OM GenDrop, and it went live on MANTRA.ZONE on 17th July 2024. Season 1 of the campaign on Galxe has ended already and we witnessed overwhelming response.

We have created various Missions for participants to complete as part of the $OM GenDrop. Here are some ways to actively participate in the MANTRA ecosystem and potentially be positioned for the GenDrop:

MANTRA.ZONE

The Season 2 GenDrop is much bigger than Season 1, so we’ve set up a dedicated GenDrop page at MANTRA.ZONE, enabling users to embark on epic Onchain Missions to earn KARMA. The page features a leaderboard for users to track their rank against others based on both onchain and offchain activities. The more Missions you complete, the more KARMA you can earn. Get started today at MANTRA.ZONE.

Chakra Pool

Earn KARMA by contributing to the USDY Chakra Pool and maximize your allocation of the 50M $OM GenDrop.

Enjoy fixed $USDY yield, with additional rewards provided by MANTRA and Ondo Foundation in the form of $OM coins and $ONDO tokens.

https://mantra.zone/chakra-pool

MANTRA Finance

Complete KYC to verify your identity to potentially increase your chances of a bigger $OM GenDrop allocation. Sign up here: https://onboarding.mantra.finance/sign-up

NFT Holders

By holding specific NFTs like various MANTRA collections, BadKids, Bitkids, Celestine Sloth Society, Mad Scientists, and Pudgy Penguins, you will be eligible for the GenDrop. These NFT projects were chosen based on their alignment with MANTRA’s vision and community values.

Early Ecosystem Contributors

We recognize the invaluable contributions of our early supporters and have allocated $OM coins to users who contributed early to the development of the MANTRA ecosystem.

This covers various categories, including users who have staked ATOM tokens to MANTRA’s Node or participated in our testnet.

Active Community Members

MANTRA is built by the Sherpas, one of the strongest communities in the crypto space. We are deeply committed to rewarding active community engagement, so we have dedicated $OM coins to active users who have demonstrably interacted with MANTRA.

Additionally, a certain % of the GenDrop is reserved for future partnerships and community initiatives that further expand our ecosystem. Please reach out to us at contact@mantrachain.io if you would like to be a part of the MANTRA ecosystem.

The 50M $OM GenDrop is designed to reward loyal users and community members who believe in our long-term vision of “Bringing Finance Onchain” through our purpose-built RWA L1 blockchain, and the MANTRA GenDrop aims to reward our community for spearheading the onboarding of onchain finance.

Start participating today to get a share of the 50 million $OM; the more you actively participate the higher your chances of a bigger $OM GenDrop allocation. We will announce more details on the $OM GenDrop Eligibility in the next GenDrop blog. Stay tuned and follow our socials so you don’t miss these important updates.

About MANTRA

MANTRA is a purpose-built compliance-ready Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.

Connect with us and be part of our journey.

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MANTRA
MANTRA

Written by MANTRA

Unlocking the $16 Trillion RWA economy with a regulation-ready blockchain. www.mantrachain.io