Update on #MantraChain

To the MANTRA community, #om

First and foremost, I would like to acknowledge the impact of what happened two weeks ago. I understand that many of you have lost your funds, and some of you lost significant amounts. Your trust means everything to us, and we are working to rebuild it with a focus on doubling transparency, the team's commitment to the project, and the continued decentralization of the MANTRA chain.

We are continuing to investigate what happened diligently on a daily basis, and we are putting plans in place to prevent similar events from occurring in the future.

Next week in Dubai, at TOKEN2049, I will be speaking on stage. At that time, we will also provide a public update that includes important next steps, including:

- Announcement of new developments in the MANTRA ecosystem and improved governance protocols

- Updates and status on the execution of the asset burn process in OM

- A call to work together in the cryptocurrency sector to protect investors from these liquidations

This has been a sad and distressing matter. We need a moment to regroup and make wise decisions. I promise you that our team will not rest until we rectify this situation.

I am listening to you. I hear your concerns. I am committed to guiding us through this challenging phase with complete transparency. Our team has hardly slept, and I would like to thank them for their tremendous dedication.

More updates to follow. $OM