22/4/2025, 8:43:02 am

Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra’s founder started the process of burning 150 million in staked OM to rebuild community trust after the token’s price fell by 90%.Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply.