The past few weeks have been a period of intense focus and action for our team as we’ve worked to address challenges, strengthen our ecosystem, and rebuild trust within the MANTRA community. Today, I want to share the concrete steps we’ve taken—and what’s coming next—as we move forward together.
### **1. Governance: Decentralization in Action**
Decentralization remains at the core of MANTRA Chain. To further this mission, we’re accelerating our validator diversification plan. By the end of Q2 2025, we will have reduced our internal validators by **50%** while onboarding **50 external partner validators**—ensuring a more robust, community-driven network.
### **2. Transparency as a Standard**
Immediately following recent events, we launched a **real-time tokenomics dashboard** to provide full visibility into OM’s circulating supply, burns, and other critical metrics. This dashboard is here to stay, with ongoing upgrades to enhance clarity and accessibility for all.
### **3. Commitment Through Action: 150M OM Burned**
As promised, I’ve completed the **permanent burn of 150 million staked OM tokens** from my holdings. This isn’t just a symbolic gesture—it’s a tangible step toward stabilizing supply and reaffirming my long-term commitment to MANTRA’s success.
### **4. Strengthening Technical Foundations**
Despite market volatility, **MANTRA Chain operated flawlessly**, handling record-high transaction volumes without disruption. We’re also pushing forward with **OMSTEAD**, our EVM-compatible testnet (now in Alpha), to expand developer opportunities and reinforce chain resilience.
### **5. A Call for Industry-Wide Change**
The risks we faced aren’t unique to MANTRA—**liquidation cascades threaten the entire crypto space**. We’re engaging with major exchanges to advocate for policies that reduce excessive leverage and systemic risk. This is a shared challenge, and we invite other projects to join the conversation.
