⚠️💥𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 $𝐎𝐌 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 – 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 𝐚𝐬 𝐨𝐟 𝐌𝐚𝐲 𝟐, 𝟐𝟎𝟐𝟓😱💥❗
Here’s the latest on the MANTRA ecosystem and what it means for you:
🔥 Major Token Burn Completed!
On April 29, 150 million OM tokens were burned
Total supply reduced from 1.82B to 1.67B
Staking rewards improved as the bonded ratio fell from 31.47% to 25.30%
Another 150M tokens set to be burned with partners — totaling 300M in planned burns
⚠️ CEO Issues Urgent Warning
Following the April 13 market crash, CEO John Mullin called for industry reform
Cited issues like over-leveraging on exchanges
Urged platforms to tighten risk policies to protect retail investors
🛠️ Transparency & Tech Enhancements
OM Dashboard launched for real-time supply and on-chain insights
Validator overhaul: Internal validator count halved; 50 new external partners onboarded
Omstead Testnet is live — EVM-compatible and designed to strengthen dev support and network stability
📉 Market Still Fragile – Stay Alert
$OM price (as of Apr 27): $0.5285 — still far from its $6+ peak
Analysts say: Token burn offers short-term relief, but recovery hinges on trust and macro stability
