Will's Blog: Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value (Shaurya Malwa/CoinDesk)

23 April 2025

Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value — The tokens are part of John Mullin's team allocation that were staked when the network first started in October 2024. — What to know:

Posted from: this blog via Microsoft Power Automate.