MANTRA DAO Validator Update for January 2022

Earn $OM rewards for delegating to MANTRA DAO Nodes!

MANTRA
2 min readJan 4, 2022

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

With our upgraded delegator program and new UI, delegators now have a clear favorite to pick when looking for nodes because now you will be able to earn $OM on top of your delegator rewards all though our easy to use app & user interface!

Last month we unveiled our new Enhanced $OM Delegator Rewards with ATOM being the first of our supported Tendermint validator nodes!

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

Validator Nodes Update

Delegator rewards emissions are set at 1 million $OM per month and will remain unchanged for the month of January 2022 at:

  • COSMOS validator node — 700,000 $OM per month
  • DOT validator node — 150,000 $OM per month
  • KSM validator node — 150,000 $OM per month

Status for December 2021 Delegator Rewards as of January 4th, 2022, 4 AM UTC:

  • COSMOS - Now Claimable
  • DOT & KSM - Now Claimable

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 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

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