MANTRA: More than 120,000 of the 217,000 wallets have been disqualified from GenDrop
Editor
9 hours ago 7,519
Share to:
On March 18, Layer1 blockchain MANTRA, which focuses on RWA assets, said in its official blog that the results of the sybil survey show that 123,195 of the 217,351 wallets have been disqualified; 80,000 wallets are still unallocated due to failure to bridge and associate their mainnet wallet address; 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 legal participants receive their GenDrop credits, self-reports that cannot reliably verify their accuracy have been invalidated; therefore, according to the proposal, 26,942,144 OMs will be left for destruction. A governance proposal will be shared next, and the community can vote on the future of these OMs.
Earlier in December last year, MANTRA's new proposal proposed to update the economics of OM tokens, including reducing on-chain inflation to 3%.