Mantra CEO Proposes Token Burn to Restore Investor Confidence

According to PANews, Mantra CEO John Patrick Mullin has proposed burning his own OM tokens to restore investor confidence following a significant drop in the native token's price. Mullin stated that the tokens he holds are part of the 300 million OM tokens reserved for the team, which are set to be unlocked by April 2027. On April 15, Mullin made a public statement on the X platform, pledging to destroy his future share of these tokens. He mentioned that if the project recovers, the community could decide whether he should regain these tokens source: https://www.binance.com/en/square/post/22974061840442?utm_source=BinanceNewsRSS