What’s the point of burning the token if they can now generate new tokens at any time? The asset will appreciate and they will generate new tokens that will lower the price.

$OM
{spot}(OMUSDT)
#OM Token Burn Incoming
🔥 300 Million $OM to Be Burned — 16.5% of Total Supply

In a bold move to regain community trust and boost long-term value, MANTRA has announced a major token burn:

300 million OM tokens to be permanently removed from circulation

150 million of those will come directly from founder John Patrick Mullens' allocation (team tokens vesting in 2027)

Burn date: April 29, 2025

Why it matters:

Shrinks total supply by 16.5%

Could increase staking rewards and token scarcity

Sends a strong signal of commitment to the community

The $OM ecosystem is about to get leaner and stronger.
Watch this space.