Mantra CEO Unveils Comeback Plan After $6B Meltdown Burn, Buybacks, and Full Transparency❗

Following the massive $6 billion plunge in $OM , CEO John Patrick Mullin has laid out a recovery strategy to rebuild trust. He confirmed that neither he nor his team sold during the crash, and an internal report revealed that low-volume forced liquidations were the key trigger behind the drop.

To restore confidence, Mantra will launch a public dashboard showing live data on token supply, lockups, and transactions. Out of the 300 million $OM tokens reserved for contributors (17% of supply), a portion will be either burned or given to the community. Mullin has also committed to burning his personal token allocation, with token buybacks already in motion. An official token close plan is expected to be announced soon.