MANTRA Team & Advisors OM Tokens Update | November 2022
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:
- OM Token V2 — Circulating Supply Emission Schedule on December 18th, 2020.
- An Update on Team & Advisors’ OM Token Vesting on August 17th, 2021.
- MANTRA Official Telegram Announcement #880 on Feb 18th, 2022.
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
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