MANTRA Co-Founder: The OM Token Burn Plan Will Be Announced Soon
BlockBeats News, on April 19, MANTRA Co-Founder JP Mullin stated, "The OM token burn plan has entered the final stage of discussion and will be announced soon. The buyback plan is also progressing smoothly."
BlockBeats previously reported that on April 18, MANTRA Co-Founder initiated a Twitter survey to consult on the execution method for burning team tokens, stating, "After announcing the burn of all tokens held by the team, we received a lot of feedback from the community, investors, and others in the past few days. This decision is for the community, and the survey aims to understand everyone's views and attitudes on how to implement this matter." There are four voting options: immediate total burn, extend the vesting period by year, transfer to a community multi-signature wallet, and gradually unlock over time.
