MANTRA Finance is excited to introduce the utility behind the MANTRA Vault NFTs. To reward early adopters and loyal users, we will issue NFTs for each vault that will act as a multiplier for future staking vaults. NFTs are issued to users who deposit a minimum of 100 USD into a vault.
The more unique NFTs you hold in your wallet, the higher the rewards multiplier:
In order for the multiplier to take effect, the NFTs need to be in the same wallet linked to your MANTRA Finance account before the staking vault closes. The additional $OM rewards will then be claimable or airdropped to users’ wallets after the staking vaults have matured.
MANTRA Vault NFTs can also be bought and sold on OpenSea if you want to attain a higher multiplier faster.
We have detailed an example below of how additional rewards are calculated based on the number of unique NFTs held.
If you have any questions, please reach out to us via Telegram or Email.
Terms & Conditions:
- Reward tiers represent the number of unique MANTRA Vault NFTs in your wallet. Multiple NFTs from the same vault have no effect.
- Any accounts showing signs of manipulation or abnormal behavior will be restricted from NFT benefits
- MANTRA Finance has the right to amend the NFT terms at our sole discretion
- Risk warning: NFT trades are subject to high market risk. MANTRA Finance is not responsible for any direct, indirect or consequential losses as a result of your trades. Please make your trades carefully.
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.
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