MANTRA’s new proposal proposes to update OM token economics, including reducing the on-chain inflation rate to 3%

PANews reported on December 20 that MANTRA, a Layer 1 blockchain focusing on RWA assets, stated on the X platform that the updated OM token economics proposal is now online, Snapshot voting is now open, and mainnet voting will take place next week.

While the proposal proposes adjusting the token issuance schedule, individual allocations earned through various activities will remain unchanged. The specific contents of the proposal include:

• 1. Adjust the vesting schedule of 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 will continue until the end of March 18, 2027. Additionally, a second phase of anti-Sybil checks is proposed for all wallets. Thereafter, the vesting period of airdrop rewards will no longer be extended.
• 3. The cliff period and vesting period for team and core contributor incentives are 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 round investors will end on October 23, 2025, and will end on October 23, 2027; the token cliff period for Seed round investors will end on April 23, 2025. Vesting ends on April 23, 2026.
• 5. Ecosystem allocation will remain unchanged, and the on-chain inflation rate will be reduced from 8% to 3% starting from January 1, 2025.