PANews reported on December 20 that MANTRA, a Layer1 blockchain focusing on RWA assets, stated on the X platform that the updated OM token economics proposal is now live, Snapshot voting is now open, and the mainnet voting will be carried out next week.
While the proposal proposes to adjust the token issuance schedule, individual allocations received through various activities will remain unchanged. The specific contents of the proposal include:
- 1. Adjust the vesting schedule for OM upgrade rewards. The cliff period will end on March 18, 2025, followed by a linear vesting period that will continue until October 16, 2028.
- 2. 10% of the initial airdrop allocation will be unlocked from March 18, 2025, followed by a 6-month cliff period until September 18, 2025. From that date, the remaining rewards will begin to vest in a linear manner and continue until March 18, 2027. In addition, a second phase of anti-sybil checks is proposed for all wallets. There will be no extension of the vesting period for airdrop rewards after this date.
- 3. The cliff period and vesting period for team and core contributor incentives will be extended. The cliff period will end on April 23, 2027, and the vesting period will end on October 22, 2029.
- 4. The token cliff period for Pre-Seed investors ends on October 23, 2025, and vesting ends on October 23, 2027. The token cliff period for Seed investors ends on April 23, 2025, and vesting ends on April 23, 2026.
- 5. The ecosystem allocation will remain unchanged, and the on-chain inflation rate will be reduced from 8% to 3% starting January 1, 2025.
