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$OM Co-founder JP Mullin:

Since the incident over the weekend, the team has collaborated across departments and time zones to conduct a fact-based assessment of the events.

Here are the key facts and our further actions:

- During the market downturn, the MANTRA team did not conduct any $OM sales.

- Data shows that many key OM traders were liquidated by centralized exchanges.

- We are releasing details of the OM token support plan, which will include an OM token buyback and supply burn plan.

- I have committed to burning my team allocation (not my team's). Comprehensive burn plan details will be announced soon.

- We are building a dashboard that contains real-time balances of token economics storage buckets to enhance market transparency.

We believe that further information from our centralized exchange partners will clarify these events. We invite our exchange partners to work together to make trading activities during this period clearer.

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