Coin Price 24h %

Gate.io Launches Single Listing Vote #12 – Mantra DAO (OM)

2020-08-18 17:09:17Read:39304

Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with a variety of blockchain assets trading services. To involve a higher number of users in the process of expanding our list of coins, Gate.io has implemented a new feature called "single listing vote," offering even more opportunities to launch high-quality projects.

In each single listing vote, participants can vote for the project. In this single listing vote, the tokens of the project will be listed on Gate.io. All voters have a chance to win an airdrop of the project token according to the ratio of the votes they contributed to the number of votes in total.


1. Duration: From now on – 11:30 PM GMT, August 18th, 2020

2. Airdrop Amount & Listing Rules:
(1) Once Mantra DAO gets 10 million votes, the trading service of OM will be available on Gate.io. Each voter has a chance to share an airdrop of 35,000 OM.
(2) The OM/USDT trading will open at 12:00 PM GMT, August 18th, 2020 on Gate.io. The withdrawal service will be available afterwards.

3. Participate in the Listing Vote at: https://www.gate.io/poll/votelist/37

Deposit OM at: https://www.gate.io/myaccount/deposit/OM
Trade OM at:https://www.gate.io/trade/OM_USDT

Introduction to Mantra DAO

1. Project Introduction
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the wisdom of the crowd to create a community-governed, transparent, and decentralized eco for web 3.0. Built on Parity Substrate for the Polkadot eco, MANTRA DAO gives financial control back to the people to grow wealth together.


Official Website:https://mantradao.com/

2. Token Information

OM is the native token of MANTRA DAO.

(1)Token Symbol: OM

(2)Total Supply: 888,888,888 OM

(3)Current Circ. Supply: 101,111,111 OM at the outset of the Token Generation Event (‘TGE’) .

(4)Token Allocation
-Public Distribution (Includes Pre-IMO, and IMO rounds I, II, and III)::8.5%(75,555,555 OM)
-Private Distribution:9%(80,000,000 OM)
-Team & Advisors:17.5% (155,555,555 OM)。
-Staking Rewards:30%(266,666,666 OM)
-Referrals:12.5%(111,111,111 OM)
-Reserves:10% (88,888,888 OM)
-Grants:12.5%(111,111,111 OM)

(5)Token Distribution
-Public Distribution:No lock-up; all 75,555,555 OM will be circulating from at TGE;

-Locked-up with 6 month vesting period, with 1/6th vesting on the first day of each month; 13,333,333 OM will begin circulating at TGE, with another 13,333,333 OM unlocking on each of the 31st, 61st, 91st, 121st and 151st days upon TGE;

-Team & Advisors: Locked-up with vesting as follows:
- Zero OM will be circulating at TGE, and for the first 180 days since TGE;
- 1/18th, or 8,641,975 OM, will vest and come into circulation every thirty days, from the 181st day through the 691st day since TGE;

-Staking Rewards:Locked-up at TGE, and will be unlocked on a rolling basis at a decaying growth rate so that: All 266,666,666 OM will unlock by the end of the 5th year since TGE (roughly 1826 days since TGE);

-Referrals: 15% of referral tokens, or 16,666,666 OM tokens will be unlocked and enter circulating supply over the first 151 days since TGE. The remaining 85% of referral tokens, or 94,444,444 OM will be unlocked on a rolling basis at a linear release rate starting day 366 since TGE such that 100% of referral tokens will be unlocked by the end of the 5th year since TGE (roughly 1826 days since TGE);

-Reserves::7.5% of the reserves bucket, or 6,666,666 OM, will be unlocked at TGE;
The remaining 92.5% of reserve tokens, or 82,222,222 OM will be unlocked on a rolling basis at a linear release rate starting day 366 since TGE such that 100% of reserve tokens will be unlocked by the end of the 5th year since TGE (roughly 1,826 days since TGE).

-Grants:will only unlock upon community on-chain governance proposals passing minimum thresholds of approval.


Single Listing Vote Scheme



1. Participants: all the GT holders on Gate.io 1 GT=1 vote

2. Vote allocation: For every participant, their vote equals the average 14-day GT holding including assets in Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading, however, GT borrowed from Margin Trading is not allowed. The user’s votes will be calculated based on the average 14-day GT holding within two hours after the listing vote. Thus, please don’t make any changes to your GT holding before the counting of the votes.
For example, Bob is a new GT holder, and he buys and holds 14000GT one day before the sale. Therefore, his average 14-day GT holding will be 1000GT 14000GT/14 days, and he will have 1000 votes.

3. Every real-name participant can vote with his GT for the project.

4. In this listing vote, when the project gets 10 million votes, the tokens will be listed.

5. After the listing vote, all voters will be rewarded with an airdrop of the tokens. Meanwhile, the time for trading, withdrawal, and deposit of the tokens will be released.

6. The return of GT and holding requirements: after the listing vote, the voter’s GT will be returned to his account. The GT holding of the voter should be higher than the number of his votes within two hours after the activity. Otherwise, the number of the votes will be counted based on the real-time GT holding when the vote counting begins.

7. Rewards in the Listing Vote:
(1)After the project receives 10 million votes, the token will be airdropped. All voters will win the token. The airdrop of the token will be ratioed according to how many votes of the voter account for the votes in total.

8. Attention:
(1) Cheating: Gate.io will cancel the votes of an account if any cheating is detected or reported by other users and confirmed. The account will no longer be qualified for the listing vote if more than three cheating records have been registered.

Gate.io reserves the final right to interpret this activity.



Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with 100% guaranteed and instant deposit-withdrawal services.
Get 30% of all referees' trading fees in the affiliate program at https://www.gate.io/myaccount/myreferrals

Click to Sign up :https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Scan and download at:



Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short):https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
C2C Trading on Gate.io:https://www.gate.io/c2c/usdt_cny
Download Gate.io APP:https://www.gate.io/mobileapp
Download Wallet.io (ALL in ONE):https://www.wallet.io/

Follow us and get updated at (Follow as to win bonus)
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram:https://t.me/gate_io
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio

Gate.io
Aug 18, 2020

Share to: