MANTRA created excitement in its community of more than 350,000 participants by sharing the details of the 50 million $OM token airdrop. Those eligible for the airdrop include stakers, NFT holders, and active members of the ecosystem. Buyers will receive different amounts of tokens depending on various levels of participation.
Airdrop Distribution Strategy
The airdrop allocated approximately 60% of the total to KARMA Pre-Mainnet Quests participants. This will be distributed to 124,760 addresses from a pool of 615,000 participants. To ensure fair distribution, MANTRA used the Kurtotic Adjustment method. This method provides more reliable results by reducing the effect of extreme values in data analysis.
8% of the airdrop is reserved for those staking ATOM. Fixed $OM allocations will also be made to NFT holders with Bad Kids, Celestine Sloths, and Pudgy Penguins collections. This strategy aims to expand ecosystem adoption while strengthening user loyalty.
$OM Token Status
$OM token is currently trading at $1.39. In the last 24 hours, its price has fluctuated between $1.38 and $1.48. Although it decreased by 7% last week, it increased by 4% in the last month. Daily transaction volume is at the level of 40 million dollars and liquidity seems strong.
GenDrop Checker is now active! The community can control 50M $OM GenDrop distributions.
The size of the airdrop and its distribution strategy have led to speculation that it could have positive effects on the $OM price in the coming weeks. With more than 350,000 users participating, token demand is expected to increase. As tokens are distributed, market momentum is likely to increase and the previous all-time high is likely to be surpassed.
Community Response
MANTRA’s airdrop announcements were received positively by the crypto community. Community members stated that they were pleased to be rewarded for their commitment to the project ecosystem.
Airdrop’s comprehensive distribution strategy reflects MANTRA’s aim to expand its user base and strengthen its ecosystem. Such rewards can contribute to long-term growth by increasing users’ interest in the project.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
