📢 $OM Investors – Read This Carefully!
Update as of May 2, 2025
Here’s everything you need to know about $OM and the MANTRA ecosystem:

🔥 MASSIVE TOKEN BURN COMPLETE!

On April 29, MANTRA burned 150 million OM tokens!

Supply dropped from 1.82B ➡️ 1.67B

Staking rewards just got better – bonded ratio down from 31.47% ➡️ 25.30%

Another 150M tokens to be burned with ecosystem partners = 300M total burn planned!



⚠️ 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

🛠️ 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

📉 MARKET OUTLOOK – 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