According to Foresight News, MANTRA co-creator JP Mullin stated that since the weekend OM price volatility event, their cross-departmental and cross-time zone team has conducted a fact-based assessment. Further actions include releasing details of the OM token support plan, which will include OM token buyback and supply destruction plans. They have committed to burning their own team allocation (not the team's allocation). Detailed destruction plan details will be announced soon. The team is building a dashboard that includes real-time balances of token economics buckets. Additionally, JP Mullin called on exchange partners to collaborate in making these events more transparent.
MANTRA Co-Creation calls on exchanges to cooperate to further clarify OM price fluctuations
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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