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.
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