📢 💥𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 $𝐎𝐌 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬💥♦️ – 𝐇𝐞𝐫𝐞'𝐬 𝐘𝐨𝐮𝐫 𝐌𝐚𝐲 𝟐, 𝟐𝟎𝟐𝟓 𝐔𝐩𝐝𝐚𝐭𝐞♦️
Everything you need to know about the MANTRA ecosystem right now:
🔥 Major Token Burn Completed!
On April 29, MANTRA burned 150 million $OM tokens!
Supply dropped from 1.82B ➡️ 1.67B
With the bonded ratio falling from 31.47% ➡️ 25.30%, staking just got more rewarding.
Another 150M burn is planned with ecosystem partners — totaling a 300M token reduction!
⚠️ CEO Issues Warning!
Following the April 13 crash, CEO John Mullin called for urgent industry reform.
He highlighted systemic risks like over-leveraging on exchanges
and urged platforms to strengthen protections for retail users.
🛠️ Transparency & Tech Upgrades
OM Dashboard: Now live with real-time supply & on-chain metrics
Validator Overhaul: Internal validators cut by 50%, 50 external partners added
Omstead Testnet: EVM-compatible network now live to support developers & boost stability
📉 Market Outlook – Proceed With Caution
Despite recent progress, $OM remains highly volatile.
As of April 27: $0.5285 — still far below its $6+ peak.
Analysts warn: Token burns may offer short-term support, but long-term recovery depends on trust and broader market conditions.
#OMTokenUpdate #CryptoBurn #DeFiReform #MantraEcosystem
