The 50M Mantra-OM Airdrop allocation list has been formally disclosed by the Mantra team, with 60% of the allocation reserved for KARMA Pre-Mainnet Quest participants.
The enthusiasm of investors regarding the crypto market rally has been quite high; however, the excitement of Mantra fans has been doubled as the team has officially confirmed the 50M Mantra-OM airdrop.
The community of more than 350,000 members will be able to participate in the enormous Gendrop airdrop, which is open to NFT holders, stakers, and ecosystem active contributors. The team has previously indicated to the users that it would occur in April; however, it is now imminent.
Mantra-OM Airdrop & Allocation List was announced by the Mantra Team
The Mantra team has made an official announcement regarding its impending 50M airdrop on November 8 through a post on X.
This is one of the most eagerly awaited and well-received airdrops, and the allocation list has already been released, which only doubles the enthusiasm. The Mantra Zone is the location where interested candidates can verify their allocation.
🕉️ GenDrop Checker is LIVE!
The community can now check their allocations of the 50M $OM GenDrop. https://t.co/PfRQ117pWz
We also published a breakdown of the eligibility criteria, indicating the various activities, $OM allocation per bracket, and eligible addresses in the… pic.twitter.com/FcVZ5anBBq
— MANTRA | Mainnet LIVE (@MANTRA_Chain) November 8, 2024
The team has simplified the process for many by ensuring the incorporation of multiple groups and a separate allocation for each group. This Gendrop airdrop will provide its participants with equal opportunities, as each category has distinct eligibility criteria.
According to the official MANTRA announcement, the Mantra-OM airdrop has confirmed the distribution among 11 groups and 350,000 users. The individuals who participated in the KARMA Pre-Mainnet Quests will receive the largest portion of this. These addresses will receive approximately 124,758 of the total (30,000,000) airdrop, which is designated for them at 60%.
The tokens will be distributed to eligible users from a pool that includes 615,000 participants. The team also addressed users’ concerns regarding the limited number of addresses, asserting that “many may believe that it is a small percentage.” Nevertheless, they have determined that these 124,760 addresses have collected 57% or more KARMA tokens, which serves as the foundation of the criteria.
The Mantra team has chosen Kurtotic Adjustment over linear distribution methods in order to ensure that they receive an equitable distribution, which is of greater importance.
Allocation of the Remaining OM Airdrop
The Galxe Season 1 allocation is the second-highest, with 12% of the total supply reserved for 125,725. A user who has earned over 215 points and has participated in the Galxe quest is eligible for the Gendrop airdrop in this category.
As the number of points amassed increases, so does the reward. It is intriguing that they have also established an additional eligibility criterion for the inclusion of the EVM address.
In addition to this, the list includes ATOM Staker to MANTRA Node (8%), Bad Kids NFTs (4%), Celestine Sloths NFTs (4%), Pudgy Penguins NFTs (3.5%), Testnet validators (3.5%), Mad Scientists NFTs (2.5%), Galxe Season 2 (1%), MANTRA NFTs (1%), and Bit Kids NFTs (0.5%).
By doing so, the Mantra team has recuperated the user’s interest. Nevertheless, the official commencement date of the Mantra-OM airdrop remains undisclosed. Currently, it is necessary to determine the extent to which it will influence the OM price.
