MANTRA CEO TO BURN $236M IN TEAM TOKENS AFTER OM COLLAPSE

Mantra CEO John Mullin will burn 300M OM tokens—worth ~$236M—to regain community trust after OM crashed 90% on April 13.

The tokens made up 16.88% of supply and were locked until 2027–2029.

Mullin also teased a broader buyback and burn plan.

Source: Cointelegraph