🔥 Key Takeaways:
150 Million OM Burn Confirmed: John Patrick Mullin, MANTRA’s CEO, will burn his personal team token allocation once the unstaking period ends on April 29, 2025.
Transparency & Trust Focus: The burn is part of a broader transparency initiative, reinforcing MANTRA’s dedication to community-led development and long-term sustainability.
Potential 300 Million OM Burn: Discussions with partners could lead to another 150 million OM tokens being burned, totaling 300 million OM removed from circulation.
💡 Why This Matters:
Reduces Circulating Supply: Burning tokens decreases total supply, which may positively impact OM’s value over time.
Boosts Community Confidence: Demonstrates the team’s commitment to not profiting off the project unfairly.
Signals Seriousness: A large-scale burn like this is a bold, irreversible step that aligns with decentralized, transparent principles.
#BinanceAlphaAlert #TrumpVsPowell #OM
