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MANTRAMANTRAby0xdd5277eCbe51493dC1183B7D488f2A320c8E112F0xdd52…112F

Proposal: Establish a Community Staking Platform Outside MANTRA Finance

Voting ended almost 2 years agoSucceeded

Dear Community,

I would like to extend my congratulations to the hardworking team at MANTRA for their efforts, particularly with the OM token's transformation into the primary token of MANTRA Chain.

In the recent announcement, it was stated that starting from April, the staking pools on the current website, app.mantradao.com, will no longer be eligible for earning the 1.35x staking rewards.

https://medium.com/@mantrachain/update-to-om-staking-rewards-564ba1d5861d

However, there is an issue that needs to be addressed. Some individuals, including myself, are unable to access MANTRA Finance due to our countries not being supported on the platform.

Therefore, I would like to propose the creation of a new community website for OM staking. This platform would enable community members to stake their OM on the Ethereum, BSC, and Polygon networks without requiring registration on MANTRA Finance.

To accomplish this, I kindly request the following:

  1. Identify a developer who can swiftly build and execute on this community staking page.
  2. Give a small development grant of 7,000 OM to the developer to fund the development and implementation of smart contracts and the setup of the new website.
  3. Inclusion of the newly deployed contracts in the 1.35x multiple calculation for OM stakers until the launch of MANTRA Chain Mainnet.

The platform would then offer a simple UI that allows users to stake in the following pools:

OM on Ethereum OM on BSC OM on Polygon

I have reached out to some team members, who have informed me that this proposal could be executed if it is approved by the community. Therefore, I urge you to vote in favor if you believe this is a worthwhile initiative.

Thank you for your attention and support!

Off-Chain Vote

Approve
12.26M OM95.4%
Decline
589.93K OM4.6%
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Timeline

Mar 13, 2024Proposal created
Mar 13, 2024Proposal vote started
Mar 20, 2024Proposal vote ended
Mar 20, 2024Proposal updated