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MANTRA CEO Burns 150M Tokens to Rebuild Trust

4/22/2025

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Summary

Story summary

In a bold move to restore faith in the community, MANTRA CEO John Patrick Mullin has announced the burning of 150 million OM tokens, slashing the total supply from 1.82 billion to 1.52 billion. This decisive action aims to enhance transparency and rebuild trust following a steep price drop, with the burn process expected to conclude by April 29, 2025.

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Story summary

In a bold move to restore faith in the community, MANTRA CEO John Patrick Mullin has announced the burning of 150 million OM tokens, slashing the total supply from 1.82 billion to 1.52 billion. This decisive action aims to enhance transparency and rebuild trust following a steep price drop, with the burn process expected to conclude by April 29, 2025.