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Crowdloan Allocation
For the upcoming parachain auctions, Manta Network has reserved up to a total of 156,000,005 MANTA, or 15.6% of the total supply. Any unused supply from this parachain auction will be reserved for subsequent auctions.
Description | Tokens | Supply |
|---|---|---|
Parachain Auction Reserve | 120,000,004 | 12% |
MantaPay Liquidity Event | 30,000,001 | 3% |
Binance Early Bird rewards | 6,000,000 | 0.6% |
Total | 156,000,005 | 15.6% |
120,000,004 MANTA, or 12% of the total supply, is reserved for the parachain auction. The cap of Manta’s crowdloan will be 30,000,001 DOTs, and rewards are rewarded in a fixed ratio. Once the cap is reached, no one is able to contribute any additional DOT and all of Manta’s token rewards reserved for the crowdloan will be exhausted. In the event that the 30,000,001 DOT cap is not reached, any unused rewards from the 15% allocation will be put directly towards the next parachain auction.
30,000,001 MANTA, or 3% of the total supply, is reserved for the MantaPay Liquidity Event, and only available to crowdloan participants. This reward is claimable by participating in the MantaPay Liquidity Event.
6,000,000 MANTA, or 0.6% of the total supply, are reserved for the Binance Early Bird Rewards, in partnership with Binance. These rewards are given out exclusively to contributors who contribute to the Manta Network crowdloan through Binance.