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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+


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2025-04-23 01:51:42
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Crypto Currency , Shooting the breeze / off-topic

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:




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:



Source: TechMeme
Source Link: http://www.techmeme.com/250422/p30#a250422p30


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