
Mantra shares buyback and 300M token burn details as CEO commits personal holdings
Mantro CEO John Patrick Mullin pledges to burn all personal OM tokens amid controversy surrounding the native OM token. Mantra proposes a DAO vote to burn 300M team-allocated tokens, alongside launching a buyback program. The OM token crashed 90% on April 13, with the team attributing the decline to forced liquidations and market manipulation concerns. …