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Guides

$M Claiming Guide​

1. Where to Claim​

Please visit airdrop.mantis.app to claim your $M tokens. Be sure to read all the claiming instructions below before hitting “claim”!

2. Claiming Instructions​

Navigate to the the $M tokens claims page and then:

  1. Link as many wallets that you have that are/could be eligible for the $M token airdrop. Note that you can check your addresses in advance for eligibility via our airdrop claim checker.
  2. Link a Solana wallet that you want your $M token to be airdropped to.
  3. Once you’re sure you’ve linked all eligible wallets, click “Claim”! NOTE: If you have forgotten an address to claim with, you must return to the claim page with a new Solana address to claim.
  4. 50% of your total claim will be deposited into your chosen Solana wallet. The other 50% will vest over 3 months if you stake your 50% (see details below).

IMPORTANT NOTES:

  • Be sure to link ALL eligible wallets before hitting “claim”. $M token airdrop claims can be made to a Solana wallet only one time - if you forget an eligible wallet and submit your claim, you’ll have to use a new Solana address to make another claim.
  • Airdrop recipients have 30 days to claim. The crowdloan allocation has 90 days to claim. Any amount not claimed within these time periods will be reclaimed back into the total token supply.

$M Staking Guide​

Staking will be a major functionality of the $M token from day 1. Half your $M tokens will be claimable automatically on TGE. You can stake this amount to be eligible for your other half of allocation. Find details and instructions below:

Where to Stake​

Staking will be available on staking.mantis.app.

Day-1 Staking for Airdrop Participants​

Each address claiming tokens from the Mantis airdrop will receive 50% of their $M tokens upfront. To claim the other 50%, you must stake your initially claimable amount for a 3 month period. If staked, this remaining amount will unlock with linear vesting throughout 3 months. If you unstake before the 3 month period is over, you’ll only receive the tokens that have been unlocked.

For instance, if you unstake after 1½ months, you’ll get half of your staked $M token (25% of your total allocation) and forfeit the other half of what is staked (also 25% of your total allocation). Of course, you’ll still have the other 50% of your token allocation that was available immediately from the airdrop.

Users will have 1 month from the TGE date to stake in order to be eligible for this additional 50% allocation.

Please note that there is a 7-day unbonding period for staked $M.

REMINDER: Airdrop recipients have 30 days to claim. The crowdloan allocation has 90 days to claim.

For example, if you unstake after 1 month, you’ll only receive a third of your staked tokens and forfeit the rest of what was staked. Of course, you’ll also have the other 50% of your token allocation that was available immediately from the airdrop.

If you return, and stake the tokens again, your vesting will continue, as long as you have staked everything within a 1 month period from the date of TGE.

If you stake your allocation past the 1 month period after TGE, you will be ineligible to receive your other half of airdrop allocation.

There is a timer on the UI that explains this.

Day-1 Staking for $M Token Holders​

Users can also just stake the $M token from other sources (e.g. purchasing $M token upon TGE). These tokens can be unstaked at any time.

Benefits of Staking: DISE Private Beta Access​

As a thank you for $M stakers, staking the $M token can gain you access to the private beta of DISE, our DeFAI Interactive Search Engine.

Future Staking & Rewards via Governance​

If you want to participate in $M token staking but aren’t eligible for the airdrop, don’t worry. In the future, we plan to enable additional $M token staking capacities, which will come with staking rewards. These include ideas like revenue sharing, fee discounts, and the like. These staking features will be enacted via Mantis governance. Stay tuned for more about this on the Mantis Governance forum.

Disclaimer​

THIS DOCUMENTATION IS NOT AN OFFER TO SELL OR A SOLICITATION TO PURCHASE ANY MANTIS. IT DOES NOT CONSTITUTE AN OFFERING, ADVERTISEMENT, SOLICITATION, CONFIRMATION, STATEMENT, OR ANY FINANCIAL PROMOTION THAT CAN BE INTERPRETED AS AN INVITATION OR INDUCEMENT TO ENGAGE IN ANY INVESTMENT ACTIVITY. THE CONTENT PROVIDED HERE SHOULD NOT BE RELIED UPON FOR LEGAL, INVESTMENT, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE AND IS NOT A SUBSTITUTE FOR CONSULTING WITH A QUALIFIED PROFESSIONAL.

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