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$OM is burning, but investors are not yet: Mantra launches buyback after a 90% drop
Token $OM plummeted from $6 to $0.65 — and now the Mantra team is entering "rescue mode":
— A token buyback and burn program is starting — CEO Malin burns his own allocations — A vote is being discussed to burn 300 million tokens (17% of the supply) — A transparent tokenomics dashboard and new exchange partnerships are planned
After the crash on centralized exchanges, the project is trying to regain trust. The question: is it too late?