MANTRA CEO John Patrick Mullin issued a statement in response to the recent sharp drop in the price of OM tokens, promising to enhance transparency, advance governance upgrades, and accelerate the team's token destruction process. John Patrick Mullin stated that he will announce specific measures including ecosystem development, enhanced governance protocols, and the execution of the destruction of his personally held 150 million OM tokens at the TOKEN2049 event in Dubai next week. In addition, MANTRA is coordinating with ecosystem partners to plan an additional destruction of 150 million OM tokens, totaling 300 million OM tokens destroyed, accounting for approximately 16.5% of the total supply, in order to rebuild community trust and stabilize market sentiment.
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MANTRA CEO: The progress of team token destruction and governance upgrade plan will be announced at TOKEN2049
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