Press Release

【Press Release】Listing of MANTRA DAO (OM) & Launch of OM Pre-Staking - Share 35,000 USDT in OM Tokens & Earn 88.88% Est. APR

BitMax

Summary: BitMax.io will list MANTRA DAO (OM) under the trading pair of OM/USDT.

BitMax.io will list MANTRA DAO (OM) under the trading pair of OM/USDT.

 

Deposit & Withdrawal: Aug 24, 10:00 p.m. EDT

Trading: Aug 25, 10:00 a.m. EDT

 

To celebrate the listing, BitMax.io and the MANTRA DAO (OM) project will jointly:

  • Host two promotions with 35,000 USDT in OM tokens to share (per its price as of Aug 24);

  • Launch OM Pre-Staking with 88% est. APR.

 

Event One: 17,000 USDT (42,919 OM) Exclusive Rewards to Airdrop Multiple Card Holders

Time: Aug 25, 10:00 a.m. EDT - Sept 1, 10:00 a.m. EDT

Rewards:

Airdrop Multiple Card holders who submit the activity form will be eligible for 30 USDT worth of token rewards on a first-come first-serve basis, until the total reward is fully distributed.

Notes:

  1. The airdrop reward will be automatically locked up and displayed on the user's My Asset page under OMLCK.

  2. After reward distribution, users with total purchase of OM from the market ≥ twice the airdrop within three days, the airdrop tokens will be released within ONE If a user's total purchase of OM is less than twice the airdrop within three days, the user will be deemed to voluntarily forfeit the airdrop.

  3. Each user account is eligible for OM airdrop only ONCE.

  4. Rewards will be distributed to user's account within 14 business days after the event.

 

Event Two: Maker Trading Contest to Share 18,000 USDT (45,443 OM)

Time: Aug 25, 10:00 a.m. EDT - Sept 1, 10:00 a.m. EDT

Terms & Conditions

Users with Daily Maker Trading Volume  1,000 OM will be eligible to share rewards per the following schedule:

Eligibility

Reward

Maker Trading Volume ≧ 1,000 OM for THREE Consecutive Days

Equally share 4,000 USDT worth of token rewards (10,098 OM)

Maker Trading Volume ≧ 1,000 OM for FIVE Consecutive Days

Equally share 6,000 USDT worth of token rewards (15,147 OM)

Maker Trading Volume ≧ 1,000 OM for SEVEN Consecutive Days

Equally share 8,000 USDT worth of token rewards (20,198 OM)

Notes:

  1. Maker Trading Volume = Maker Buy Amount+ Maker Sell Amount

  2. Each user account is eligible for the reward only ONCE.

  3. Rewards will be distributed to user's account within 14 business days after the event.

 

Event Three: MANTRA DAO (OM) Pre-Staking with 88.88% Est. APR

BitMax.io will launch MANTRA DAO (OM) Pre-Staking Program starting Aug 25, 10:00 a.m. EDT, 2020. BitMax.io users will get an exclusive first look at OM token open-staking, and have a great chance to earn 88.88% est. APR. Details are as follows:

MANTRA DAO (OM) Pre-Staking

Token

OM

Est. APR%

88.88%

Minimum Delegation Amount

10 OM

Maximum Delegation Amount

None

Minimum Staking Period

Unstake anytime

Reward Calculation Starting Time

T+1 Day

Reward Distribution Starting Time

T+2 Day

Reward Distribution Cycle

Every Day

Regular Unbonding Period

8 Days

Instant Unbonding

Supported

Instant Unbonding Fee

8.88%

Minimum Undelegation Amount

10 OM

Staked Assets as Margin Collateral

Not Available Now

Compound Mode

Supported

 

Click here to join MANTRA DAO (OM) Pre-Staking

 

BitMax.io reserves the final right to interpret and adjust these Terms and Conditions. For any abusive or suspicious activity detected, BitMax.io will take action and disqualify the user from the events.

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