Mainnet Tokenomics & Distribution
Our mainnet tokenomics proposal was approved by the community in October 2024. Following community feedback, vesting conditions were extended and inflation was reduced to 3%. The revised proposal was presented in two separate governance votes to ERC20 OM holders and mainnet validator nodes. Both proposals passed successfully, with 82.17% of ERC20 OM holders and 49.17% of mainnet validators voting in favor.Token Evolution & Supply Structure
At genesis, MANTRA Chain launched with a total supply of 1,777,777,776 OM mainnet staking coins, minted as follows:| Allocation | Amount |
|---|---|
| Mirror of legacy ERC20 OM supply | 888,888,888 OM |
| Ecosystem, contributors, investors & incentives | 888,888,888 OM |
Block 13,000,000 Token Upgrade (1:4 Split)
At block 13,000,000 (expected on or around March 2, 2026), the OM token underwent a 1:4 token split and ticker transition:- 1 OM became 4 MANTRA
- Total supply expanded proportionally
- Maximum hard cap became 10,000,000,000 MANTRA
Terminology
Legacy Tokens
Original ERC20 OM with hard cap supply of 888,888,888.
Mainnet Staking Coins
CosmWasm IBC-compatible staking coins native to MANTRA Chain mainnet at genesis (OM pre-split).
MANTRA
The upgraded native staking coin of MANTRA Chain following the 1:4 split (post block 13,000,000).
Genesis Allocation Breakdown
At genesis, 1,777,777,776 OM were minted across the following categories:67.5% — OM Upgrade
50% — Existing OM (EVM Mirror Allocation)
50% — Existing OM (EVM Mirror Allocation)
888,888,888 OM were minted to mirror the legacy ERC20 OM supply.These tokens were held in a canonical bridge contract to facilitate migration from ERC20 OM to mainnet staking OM. Users may convert legacy OM into mainnet OM via the canonical bridge. Legacy OM will be progressively deprecated in favor of native staking coins.
17.5% — OM Upgrade Incentives
17.5% — OM Upgrade Incentives
311,111,112 OM were allocated to incentivize legacy OM stakers prior to mainnet launch.Eligible participants were determined via snapshot mechanisms. Rewards were distributed as mainnet staking coins, subject to:
- 4 month cliff
- 44 month linear vesting
12.8% — MANTRA Chain Association
2.1% — Ecosystem
2.1% — Ecosystem
37,777,777 OM allocated for ecosystem development, incubation, and strategic initiatives aligned with MANTRA Chain.
5.6% — Mainnet Pre-Seed
5.6% — Mainnet Pre-Seed
100,000,000 OM allocated to pre-seed participants.
Tokens excluded from circulating supply during vesting.
| Parameter | Value |
|---|---|
| Cliff | 12 months |
| Linear unlock | 24 months |
| Total duration | 3 years |
5.1% — Mainnet Seed
5.1% — Mainnet Seed
90,000,000 OM allocated to seed participants.
| Parameter | Value |
|---|---|
| Lockup | 6 months |
| Linear unlock | 12 months |
| Total duration | 18 months |
16.9% — Core Contributors
300,000,000 OM allocated to core contributors.| Parameter | Value |
|---|---|
| Cliff | 30 months |
| Linear vesting | 30 months |
| Total duration | 5 years |
2.8% — Airdrops
50,000,000 OM allocated for airdrops.| Parameter | Value |
|---|---|
| Initial unlock | 10% available March 2025 |
| Cliff | 6 months |
| Vesting | Linear until March 2027 |