Mantra Partners with Binance
Mantra Partners with Binance to further celebrate MANTRA and $OM’s second birthday, & to deliver an $OM Staking Special for community.
As Binance Staking has launched $OM Locked Staking. Mantra Partners with Binance, Sherpas can now stake their $OM to earn multiple mouth-watering rewards.
Promotion 1: Deposit and Stake $OM to Earn Up to 48.67% APR
Period: 2022–08–18 11:00 (UTC) to 2022–08–28 11:59 (UTC)
- Locked Staking Format: First-come, first-served basis.
- Reward Calculation Period: From 00:00 (UTC) on the day after you add your cryptocurrency to a staking pool, until the end of the staking period.
- Reward Payout Time: On a daily basis.
- Digital Asset: $OM
- Duration: 10 Days
- Maximum Locked Staking Limit Per User: 600 $OM
- Standard Annualized Interest Rate: 48.67%
- Minimum Locked Staking Limit Per User: 0.01 $OM
Promotion 2: Buy & Stake $OM to Share 150,000 $OM
Period: 2022–08–18 11:00 (UTC) to 2022–08–28 11:59 (UTC)
During the promotion period, Sherpas who fulfill all the below given requirements will be eligible to participate in this promotion:
- Attain a net purchase amount of 4,200 $OM or more (where net purchase amount means the total amount of $OM purchased on Binance Spot minus the amount of $OM sold on Binance Spot).
- Participate in 30, 60, or 120 days of $OM Locked Staking.
For this promotion, 500 users will be selected from all eligible participants based on the Award Selection Rules Based on Binance Chain Hash Value to each receive 300 $OM tokens.
Promotion 3: New Locked Staking Users to Share 150,000 $OM
Period: 2022–08–18 11:00 (UTC) to 2022–08–28 11:59 (UTC)
During the promotion period, the first 2,000 users who participate in Locked Staking for the first time and subscribe to a minimum of 2,600 $OM in $OM Locked Staking products, will be eligible to share 150,000 $OM in rewards based on the reward structure below.
About MANTRA
MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem. The MANTRA OMniverse encompasses the DAO; MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations; MANTRA Chain: a protocol for regulated assets for the Cosmos ecosystem; and MANTRA Finance: a globally-regulated DeFi platform that brings the speed and transparency of DeFi to the world of traditional finance.
About Binance
BNB is the native asset on Binance Chain, a blockchain software system developed by Binance and the community. BNB has multiple forms of utility and powers the Binance Ecosystem as its underlying gas.
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