Airdrop for Staking $KUJI - Check Staking Rewards to Claim $MTNA...

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Hey All,

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Are you staking $KUJI token? If Yes then there is a surprise waiting for to claim. You need to check your $KUJI staking rewards, to claim the Airdrop for $MTNA token. I was browsing through my twitter feed today morning and came to know about this Airdrop for $MTNA. Before we get any further a note on - What is MantaDAO?

MantaDAO is a decentralized autonomous organization based on the Kujira blockchain.

Following are some of the indented GOALs of MantaDAO

  • Giving control and direction to Kujira power users
  • Generating steady revenue generation from products and DAO decisions
  • Focusing to delivery simple-to-use products that will enhance the Kujira ecosystem

So all in all we can say the MantaDAO is going to support the Kujira ecosystem in some or the other ways. Now lets check on the details of $MNTA tokenomics. $MTNA is the governance token of MantaDAO and will have a total maximum supply of 100 Million tokens. Following are some of the details tied to the $MTNA token.

Total supply: 100M $MNTA
Airdrop: 5M $MNTA to $KUJI
MantaDAO Treasury: 95M $MTNA
Snapshot / Min / Max: No details found as of now

My $MTNA token Claim

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As you can see I had closed to 210+ $KUJI staked on the Kujira App. This led me to be eligible for the Airdrop and I got 17+ $MNTA tokens. At the moment the price of the token is not that great. If I swap all of these token for a stable coin I just get more than a dollar. So there is no point selling $MNTA for now.

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This is the snapshot that I have take from the Kuji App for swapping tokens. As clearly visible 17+ $MNTA gets me nothing more than a dollar. But incase you have a good chunk of $KUJI staked you can definitely make use of this Airdrop.

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We also have a MNTA/USK pool on bow.kuji.app where providing liquidity for both these assets at the moment is giving a combined APR of 167%. Hence leveraging this LP pool with the Airdropped tokens is another way to go as well. In my case, since the Airdrop token is far less. I am planning to just swap it with a stable coin and be happy with the FREE dollar that I got :-) .. cheers

Have your say on the Airdrop for $MTNA

Are you staking $KUJI? Did you see the $MTNA Airdropped to your wallet? What is you plan for $MTNA token ahead? Let me know your views on the comment box below.. cheers

Airdrop for Staking $KUJI - Check Staking Rewards to Claim $MTNA

#kuji #mtna #dao #governace #airdrop #defi #kujira

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Best Regards

Image Credits:: medium.com, twitter, kujira.app

Posted Using LeoFinance Beta

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