Back To Top

April 22, 2025

Mantra CEO Sets to Burn 150 Million OM Tokens – Staking Rewards Expected to Increase

John Patrick Mullin, who leads Mantra, a decentralized finance platform, has initiated the process to remove 150 million OM tokens from circulation. This strategic decision aims to enhance staking rewards for existing holders. As the token supply decreases, the remaining OM tokens could gain added value, making this move a significant focus for investors in the DeFi space. Stakeholders will benefit as the reduced supply may lead to increased demand and potential price growth.

Prev Post

Gold ATM in Shanghai Attracts Huge Crowds Amid Soaring Prices

Next Post

Market Analyst Warns of New World Disorder as Policy Uncertainty…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment