MANTRA DAO Validator Update December 2022
DOT and KSM were just the beginning of our enhanced staking rewards initiative to incentivize numerous stakers and blockchain communities for nominating/delegating their assets to the MANTRA DAO nodes and we will be adding more enhanced $OM rewards to more of our validator nodes!
Our number of validators have grown to 25 unique blockchains with over 250 Million Dollars assets under delegation and we will soon be releasing a new UI for enhanced $OM rewards!
Updates
As our delegator rewards emissions are set at 1 million $OM per month, we will be rebalancing the number of rewards across more of our validator nodes.
Starting from December 1st, 2021:
- *New COSMOS delegator rewards (separate announcement to follow shortly) — 700,000 $OM per month
- DOT validator node — rebalanced to 150,000 $OM per month
- KSM validator node- rebalanced to 150,000 $OM per month
Changes to commission rates:
LUNA validator node: from 8% to 2%
ATOM validator node: from 10% to 0%
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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