Announcement

MANTRA Team & Advisors OM Tokens Update | November 2022

MANTRA will be moving their T&A tokens to a Fireblocks custody wallet to improve internal security measures.
Average read time:
2
minute
Key Takeaways

From the first day the OM token was released, the team has continuously aimed to be as transparent as possible in updating the community on any changes regarding the OM token’s emission, as well as updates to the Team & Advisors’ OM token vesting.

There has since been 3 release events to date from the Team & Advisors bucket, with 3 more final token release events remaining. These remaining unlocks contain 19,444,444.425 OM tokens that are set to be released to the MANTRA DAO Team & Advisors’ vault on the following dates:

  • November 18th, 2022
  • February 18th, 2023
  • May 18th, 2023

Previous Team & Advisor Token Updates:

Moving the MANTRA T&A Tokens to a New Custody Wallet

As of today on November 3rd, 2022, and in our continued efforts to be transparent, we would like to inform our Sherpas that we will be moving our T&A tokens from our T&A multi-sig to a Fireblocks custody wallet as part of our push to improve our internal security measures.

New Fireblocks Team & Advisors Escrow Wallet: 0x24785A0911fc17a9870d6F8E085C5644C572ef29

Fireblocks is a digital asset security platform that helps financial institutions protect digital assets from theft or hackers by using breakthrough MPC & patent-pending chip isolation technology to secure private keys, API credentials and eliminate the need for deposit addresses which serves more than 1300 institutions.

We would like to assure our Sherpas that upon completion of the OM Team & Advisor tokens transfer, those tokens will remain untouched in the new MANTRA Fireblocks T&A wallet unless further announced.

~ The Council

IMPORTANT INFORMATION

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. The views expressed are those of the author and the comments, opinions and analyses are rendered as of the publication date and may change without notice. There is no guarantee that any forecasts or predictions made will come to pass. The information provided in this material is not intended as a complete analysis of all material facts or circumstances regarding any country, region or market. All investments involve risks, including possible loss of principal.

Risk management does not imply elimination of risks, and not all investments are suitable for all investors. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by MANTRA to be reliable, are not necessarily all inclusive and are not guaranteed as to accuracy. Data from third party sources has not independently verified, validated or audited. MANTRA accepts no liability whatsoever for any loss arising from use of this information; reliance upon the comments, opinions and analyses in the material is at the sole discretion of the user.

Any products, services and information in this material may not be available in all jurisdictions and are offered local laws and regulation permit. Please consult your own financial professional or legal advisor for further information on availability of products and services in your jurisdiction. Please also see the disclaimer which is found at the bottom of this website under the heading “Important Disclosures”.​

Related articles

AMA

AMA Highlights: MANTRA x Fuse Network

Read the highlights from an engaging AMA between Will Corkin from MANTRA and Ian Kane from Fuse Network.

Announcement

Introducing MANTRA: MANTRA DAO’s Ecosystem Evolution

As MANTRA DAO closes in on its second year, we are proud to announce that MANTRA DAO has officially undergone a rebranding to MANTRA.

Announcement

An Update on Team & Advisors’ OM Token Vesting