🚨 $OM Token Update: 300M Burn Incoming

On April 21, #MantraChain CEO John Patrick Mullin began burning his 150M $OM team allocation, staked since the main net launch (Oct ‘24) to bootstrap security.
Tokens will be fully burned on April 29, reducing supply from 1.82B ➝ 1.67B.
- Bonded ratio: 31.47% ➝ 25.30%
- Staking APR set to rise
- Scarcity increases the potential value impact
- Another 150M $OM burn under discussion = 300M total (~16.5% supply cut)
- Final tx + on-chain proof to follow
Bold step for trust, transparency & long-term alignment.
Read More: https://www.mantrachain.io/resources/announcements/token-update-300m-om-burn