MANTRA: More than 120,000 wallets out of 217,000 have been disqualified from GenDrop

PANews reported on March 18 that MANTRA, a Layer1 blockchain focusing on RWA assets, said in an official blog that the sybil survey results showed that 123,195 wallets out of 217,351 wallets had been disqualified; 80,000 wallets were still unallocated due to failure to bridge and associate their mainnet wallet addresses; as a reward for discovering 1,066,480 OMs related to robot activities, 29 community members were allocated 106,648 OMs for providing high-quality and effective witch reports; to ensure that legitimate participants receive their GenDrop quota, self-reports whose accuracy cannot be reliably verified have been invalidated; therefore, according to the proposal, 26,942,144 OMs will be reserved for destruction. Next, a governance proposal will be shared, and the community can vote on the future of these OMs.

Earlier in December last year , MANTRA’s new proposal proposed updating the OM token economics, including reducing the on-chain inflation rate to 3%.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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