MANTRA DAO Validator Update April 2022

1 Million Monthly $OM rewards for delegating to MANTRA DAO Nodes!

MANTRA
2 min readApr 1, 2022

MANTRA DAO currently hosts validator nodes for 25 unique blockchains with over 250 Million Dollars in assets under delegation (AUD)!

This month we will be adding our POLYGON node to our Enhanced $OM Delegator Rewards program!

Our Delegator rewards are currently available to MANTRA DAO delegators of: POLYGON, COSMOS, DOT, & KSM.

Delegator rewards emissions are set at 1 million $OM per month and will have been adjusted to the following with the addition of our POLYGON enhanced delegator rewards:

  • NEW POLYGON validator node delegation — 500,000 $OM per month
  • COSMOS validator node delegation — 400,000 $OM per month
  • DOT validator node delegation — 50,000 $OM per month
  • KSM validator node delegation— 50,000 $OM per month

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 even 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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MANTRA
MANTRA

Written by MANTRA

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

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