🚀 MANTRA starts OM buyback program worth $25 million!
MANTRA, the level 1 blockchain (L1) specialized in real-world assets (RWAs), announced the launch of its first OM token buyback program. 💰
✅ Program details:
Allocated amount: At least $25 million, backed by investors and stakeholders.
The program started on August 27, 2025, and will continue over several months.
Independent trading firms will purchase tokens at the current market price on centralized platforms.
After each phase, the tokens are withdrawn and added to the MANTRA Chain network and placed in staking with the validator network.
💡 Investment background:
This program comes after a $20 million investment from Inveniam to support MANTRA's infrastructure and expand the use of RWAs.
The total funding allocated to the MANTRA ecosystem reaches at least $45 million.
📊 Program impact:
Approximately 110 million OM tokens are expected to be bought back, equivalent to 10% of the total circulating supply currently.
Follow MANTRA news and cryptocurrencies through our platforms for all the latest! 🌐
#MANTRA #OMToken #Buyback #CryptoNews #Blockchain #RWAs