🚷 It’s been 3 weeks since JP Mullin, Mantra’s CEO, 😶‍🌫️ came out after $OM ’s massive price crash, promising to burn up to 300 million #OM tokens (his and the team’s) to rebuild trust and support the price. 🔥🫵

Big move from #MANTRA today! 🔥📢👁️‍🗨️ CEO & Founder JP Mullin just announced he’s burning his entire 150 million $OM token allocation. 💸 Yep — gone for good. This burn is part of a promise made last week to the community, aimed at rebuilding trust after the chaos and showing that the team is serious about long-term commitment.

Here’s what’s happening:🤔👇
➡️ These 150M tokens came from the Team & Core Contributor bucket and were originally staked at mainnet launch (Oct 2024) to help secure the network.🐋
➡️ The unstaking process started today and will wrap up by April 29, 2025.🧮
➡️ Once unstaked, every single token will be sent to the burn address — permanently removed from circulation. 🫵🔥

But that’s not all — MANTRA is also working with partners on another 150 million #OM burn. If that goes through, we’re looking at a total of 300 million OM removed from the supply. 🗑️

Whether this changes market sentiment or not, it’s definitely a bold step. Let’s see if this helps OM start turning the tide. DYOR! #BinanceLeadsQ1