🚀 Mantra (
$OM ) Charts a Bold Recovery Plan After Market Shake-Up
In response to the recent $6 billion valuation drop, Mantra’s CEO John Patrick Mullin has stepped forward with a clear, transparent recovery strategy to restore confidence and strengthen the community. According to internal insights, the downturn was not the result of insider selling, but rather due to low-volume liquidations in the market. Notably, neither Mullin nor any core team members sold their tokens during the decline.
💡 Rebuilding Trust with Transparency and Action
Mantra is committed to setting a new standard for openness in the crypto space. The team will soon launch a public analytics dashboard—offering real-time visibility into token supply, wallet lockups, and on-chain transactions. This will allow investors and community members to monitor key metrics and gain deeper trust in the platform’s movements.
🔥 Strategic Reforms to Empower the Community
To further align with the ecosystem, Mantra has decided to burn or redistribute a portion of the 300 million
$OM tokens originally allocated for contributors. In a bold gesture of leadership, Mullin has also announced that he will burn his personal token holdings, reinforcing his long-term dedication to the project. Additionally, token buybacks have already begun, demonstrating tangible support for the market.
📅 What’s Next? A Clear Roadmap Ahead
To ensure clarity for all stakeholders, the Mantra team is preparing to release an official closure plan and roadmap for token management in the near future. This structured approach underlines their commitment to community-driven growth and responsible governance. With these steps, Mantra is positioning itself not only to recover, but to emerge stronger and more unified than ever before.
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