đ„ăMantra CEO Burns Tokens to Regain Trustă
On April 16, Mantra CEO John Mullin proposed burning 772K OM (from the 300M team allocation, locked until 2027) to ease panic after a 90% crash that wiped out $5.5B in market cap.
đ„ His move mirrors BNBâs deflation model
đ OM price rebounded 31% to $0.7796
â ïž But concerns remain over a $70M transfer and doubts around Laser Digital. Can one burn rebuild investor trust?
