๐ข $OM Investors โ Read This Carefully!
Update as of May 2, 2025
Hereโs everything you need to know about $OM and the MANTRA ecosystem:
๐ฅ MASSIVE TOKEN BURN COMPLETE!
On April 29, MANTRA burned 150 million OM tokens!
Supply dropped from 1.82B โก๏ธ 1.67B
Staking rewards just got better โ bonded ratio down from 31.47% โก๏ธ 25.30%
Another 150M tokens to be burned with ecosystem partners = 300M total burn planned!
โ ๏ธ CEO SOUNDS THE ALARM!
After the April 13 crash, CEO John Mullin called for industry-wide reform
Blamed systemic issues like over-leveraging on exchanges
Urged exchanges to review risk policies to protect retail investors
๐ ๏ธ TRANSPARENCY & TECH UPGRADES
OM Dashboard Launched: Live tracking of supply & on-chain data
Validator Revamp: Reducing internal validators by 50% + onboarding 50 external partners
Omstead Testnet LIVE: EVM-compatible testnet to boost dev ecosystem & technical stability
๐ MARKET OUTLOOK โ STAY CAUTIOUS
Despite the progress, $OM remains volatile
Price (as of Apr 27): $0.5285, still down from $6+ pre-crash
Analysts say: Burn = short-term relief, but long-term depends on trust & macro recovery
#OM #MANTRA #CryptoUpdate #TokenBurn #DeFiNews
Update as of May 2, 2025
Hereโs everything you need to know about $OM and the MANTRA ecosystem:
๐ฅ MASSIVE TOKEN BURN COMPLETE!
On April 29, MANTRA burned 150 million OM tokens!
Supply dropped from 1.82B โก๏ธ 1.67B
Staking rewards just got better โ bonded ratio down from 31.47% โก๏ธ 25.30%
Another 150M tokens to be burned with ecosystem partners = 300M total burn planned!
โ ๏ธ CEO SOUNDS THE ALARM!
After the April 13 crash, CEO John Mullin called for industry-wide reform
Blamed systemic issues like over-leveraging on exchanges
Urged exchanges to review risk policies to protect retail investors
๐ ๏ธ TRANSPARENCY & TECH UPGRADES
OM Dashboard Launched: Live tracking of supply & on-chain data
Validator Revamp: Reducing internal validators by 50% + onboarding 50 external partners
Omstead Testnet LIVE: EVM-compatible testnet to boost dev ecosystem & technical stability
๐ MARKET OUTLOOK โ STAY CAUTIOUS
Despite the progress, $OM remains volatile
Price (as of Apr 27): $0.5285, still down from $6+ pre-crash
Analysts say: Burn = short-term relief, but long-term depends on trust & macro recovery
#OM #MANTRA #CryptoUpdate #TokenBurn #DeFiNews
