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MANTRA sparked excitement within its community of over 350,000 participants by sharing details about its $50 million OM token airdrop. Eligible participants include stakers, NFT holders, and active members of the ecosystem. Depending on their level of participation, recipients will receive varying amounts of tokens.
Airdrop Distribution Strategy
The airdrop allocated approximately 60% of the total tokens to KARMA Pre-Mainnet Quests participants. This means that 124,760 addresses will receive tokens from a pool of 615,000 participants. To ensure fair distribution, MANTRA employed the Kurtotic Adjustment method, which minimizes the impact of outliers in data analysis, resulting in more reliable outcomes.
An additional 8% of the airdrop is designated for those who stake ATOM. Fixed $OM allocations will also be granted to NFT holders of the Bad Kids, Celestine Sloths, and Pudgy Penguins collections. This strategy aims to strengthen user engagement while expanding ecosystem adoption.
$OM Token Status
$OM tokens are currently trading at $1.39, fluctuating between $1.38 and $1.48 in the past 24 hours. Despite a 7% drop over the last week, the token has seen a 4% increase over the past month. With a daily trading volume of around $40 million, liquidity appears strong.
The scale of the airdrop and its distribution strategy have led to speculation about positive effects on the $OM price in the coming weeks. With participation from over 350,000 users, an increase in token demand is anticipated. As tokens are distributed, market momentum is likely to rise, potentially surpassing previous all-time highs.
Community Response
MANTRA’s airdrop announcements received a positive response from the crypto community. Community members expressed satisfaction with being rewarded for their commitment to the project ecosystem.
The comprehensive distribution strategy of the airdrop reflects MANTRA’s goals of expanding its user base and strengthening its ecosystem. Such rewards can boost user interest in the project, contributing to long-term growth.
