MANTRA Vault NFTs — Multiply Your Rewards

MANTRA Finance is excited to introduce the utility behind the MANTRA Vault NFTs.

MANTRA
2 min readMar 31, 2023

MANTRA Finance is excited to introduce the utility behind the MANTRA Vault NFTs. To reward early adopters and loyal users, we will issue NFTs for each vault that will act as a multiplier for future staking vaults.

The more unique NFTs you hold in your wallet, the higher the rewards multiplier:

In order for the multiplier to take effect, the NFTs need to be in the same wallet linked to your MANTRA Finance account before the staking vault closes. The additional $OM rewards will then be claimable or airdropped to users’ wallets after the staking vaults have matured.

MANTRA Vault NFTs can also be bought and sold on OpenSea if you want to attain a higher multiplier faster.

We have detailed an example below of how additional rewards are calculated based on the number of unique NFTs held.

If you have any questions, please reach out to us via Telegram or Email.

Terms & Conditions:

  • Reward tiers represent the number of unique MANTRA Vault NFTs in your wallet. Multiple NFTs from the same vault have no effect.
  • Any accounts showing signs of manipulation or abnormal behavior will be restricted from NFT benefits
  • MANTRA Finance has the right to amend the NFT terms at our sole discretion
  • Risk warning: NFT trades are subject to high market risk. MANTRA Finance is not responsible for any direct, indirect or consequential losses as a result of your trades. Please make your trades carefully.

About MANTRA

MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem. The MANTRA OMniverse encompasses the DAO; MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations; MANTRA Chain: a protocol for regulated assets for the Cosmos ecosystem; and MANTRA Finance: a globally-regulated DeFi platform that brings the speed and transparency of DeFi to the world of traditional finance.

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MANTRA

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