$OM and the crisis of trust in centralized exchanges
The recent market movements of the $OM token were caused not by the actions of the MANTRA team, but by forced liquidations on CEX during off-exchange hours. The team stated directly:
> “The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice.”
The situation is a vivid example of how centralized exchanges can manipulate the market using discretionary powers:
> “When discretionary powers are exercised without due oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike.”
Important: neither the team nor MANTRA investors sold tokens — all assets are locked according to the vesting schedule, and the tokenomics remains intact:
> “Tokens remain locked and subject to the published vesting periods. OM’s tokenomics remain intact.”
MANTRA has experienced similar events before. The project has gone through multiple cycles and continues to build, despite everything:
> “When others stopped building, we kept going. This is no exception.”
My conclusion: the project has demonstrated honesty and transparency in a crisis situation. For me, this is more important than any price. I support the team and will follow the upcoming AMA session. The main thing is not to fall for fake accounts:
> “Please do NOT click on any scam links or accounts pretending to be affiliated with MANTRA.”
