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💰 MANTRA to Launch OM Buyback and Burn Program After Price Crash
Following a severe liquidation event that wiped out over 90% of OM’s value, MANTRA founder JP Mullin has outlined emergency measures to restore trust and stabilize the ecosystem.
• A detailed post-mortem will be released within 24 hours, covering the incident with on- and off-chain data.
• MANTRA will initiate an OM token buyback and supply burn program to show long-term commitment.
• JP Mullin reaffirmed the team’s promise of transparent, timely communication going forward.
• Strategic partners like Shorooq Partners and Laser Digital continue to support the project.
“We may be down, but we are CERTAINLY not out,” Mullin said.
#suddenmove #Liquidations #WhaleMovements #MantraDao #BinanceSafetyInsights
💰 MANTRA to Launch OM Buyback and Burn Program After Price Crash
Following a severe liquidation event that wiped out over 90% of OM’s value, MANTRA founder JP Mullin has outlined emergency measures to restore trust and stabilize the ecosystem.
• A detailed post-mortem will be released within 24 hours, covering the incident with on- and off-chain data.
• MANTRA will initiate an OM token buyback and supply burn program to show long-term commitment.
• JP Mullin reaffirmed the team’s promise of transparent, timely communication going forward.
• Strategic partners like Shorooq Partners and Laser Digital continue to support the project.
“We may be down, but we are CERTAINLY not out,” Mullin said.
#suddenmove #Liquidations #WhaleMovements #MantraDao #BinanceSafetyInsights
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