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Overview
This proposal, submitted by @onchainomies, seeks a grant of 1,000,000 OM from the MANTRA Chain Community Pool to support the OMies community, the first community-driven MANTRA Genesis NFT collection. The OMies initiative is dedicated to amplifying MANTRA’s presence, driving engagement with new decentralized applications (dapps) on the chain, and cultivating a foundational group of Web3 users who will act as ambassadors for the ecosystem. This grant will reward OMies NFT holders, fund future ecosystem development, and establish a precedent for community-driven growth within MANTRA Chain.
Additional Context
- This is the first of many drops for OMies: This grant serves as an additional bonus for the OMies community, as it was not originally included in the GenDrop snapshot. It also marks the beginning of multiple future airdrops, termed "Ecodrop," aimed at rewarding OMies holders and fostering ongoing engagement within the MANTRA ecosystem.
- USD value consideration in past distributions: When other NFT collections received their GenDrop on 8th November 2024 ([Hidden link]), the USD value at the time of the snapshot was taken into account. The same principle is applied here to maintain fairness across relevant communities.
Eligibility (NFTs)
| NFT Collection | OM Allocation | 1 OM to USD Value | Total USD Value |
|---|
| OMies | 888,888 | $6.7 | $6,000,000 |
| OMies Future App Dev | 111,112 | $6.7 | $740,000 |
| Bad Kids | 2,000,000 | $1.42 | $2,800,000 |
| Celestine Sloths | 2,000,000 | $1.42 | $2,800,000 |
| Pudgy Penguins | 1,750,000 | $1.42 | $2,500,000 |
| Mad Scientists | 1,250,000 | $1.42 | $1,800,000 |
Proposed Grant Breakdown
Total Requested: 1,000,000 OM
- OMies NFT Distribution: 888,888 OM (100 OM per NFT)
- OMies Future App Development: 111,112 OM (to support future dapp development, community tools, OM bonuses, and initiatives)
Distribution and Unlock Schedule
The grant will adhere to the GenDrop unlock schedule with the following mechanics:
- Initial Unlock (Snapshot and Claim): A snapshot of OMies NFT holders will be taken at an unannounced date to ensure fairness. 10% of the NFT distribution grant will be claimable, equating to approximately 10 OM per NFT.
- Remaining Unlock (NFT-Gated Claim): The remaining 90% of the NFT distribution will be claimable through an NFT-gated mechanism, ensuring that only OMies NFT holders can access the tokens. OM will be permanently bonded to the respective NFTs, meaning any future transfers of the NFT will include the bonded OM rewards.
Community Engagement Mechanisms
- Bonus Campaigns: OMies will introduce campaigns where holders can earn Bonus OM rewards based on participation in ecosystem activities (e.g., dapp usage, community events). These bonuses will also be bonded to the respective NFTs.
- OMies Rewards Tracker: A custom tool will be developed to allow holders to view the total OM bonded to their NFTs (base grant + bonuses), enhancing transparency and supporting informed trading decisions.
Value Proposition for MANTRA Chain
This proposal delivers significant benefits to the MANTRA ecosystem:
- Community Building: As the first community-driven NFT collection on MANTRA, OMies will attract and nurture a dedicated user base, creating ambassadors who will drive adoption and onboard new participants.
- Increased Visibility: OMies will promote MANTRA Chain and its dapps through community initiatives, boosting awareness and engagement across Web3.
- NFT Utility and Market Activity: The NFT-gated claim mechanism and bonded rewards enhance the utility of OMies NFTs, increasing their desirability and stimulating secondary market activity.
- Ecosystem Growth: The 111,112 OM requested for development will fund innovative tools that enrich MANTRA Chain’s functionality.
- Sustainability: By establishing a precedent for future drops, this proposal ensures the long-term sustainability of the OMies community and its contributions to MANTRA Chain.
Conclusion
The 1M OM grant sought by @onchainomies is a strategic investment in the future of MANTRA Chain. By supporting the OMies community—the first of its kind on the chain—this proposal rewards early adopters, drives ecosystem growth, and sets a precedent for future community-driven initiatives.
Voting Options
- Yes – Approve the 1M OM grant as outlined.
- No – Reject the proposal.
- Abstain – Defer judgment.
