Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash

Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing to burn as much as 16.5% of its total supply valued about $160 million to boost staking rewards after talks with key partners.The proposal to burn as many as 300 million of its 1.8 billion tokens will drop the bonded ratio from 31 source: https://www.coindesk.com/markets/2025/04/22/mantra-to-burn-160m-om-tokens-50-from-daos-founder-following-90-price-crash