πββπ #OM MANTRA Chain proposes to cancel the ERC20 version of the OM token and migrate it entirely to MANTRA Chain. This initiative aims to grow the ecosystem by consolidating liquidity, adjusting token inflation to 8%, setting OM's maximum offering at 2.5 billion and improving network security.
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ββοΈπ #OM CEO Mantra urges OM owners to stop using OKX due to "inaccurate" migration plan.
OKX has said the migration will take place between December 22 and 25. In contrast, Mantra's management proposal says the migration will not occur until after January 15, when support for the Ethereum-based ERC-20 OM token will cease.
OKX has said the migration will take place between December 22 and 25. In contrast, Mantra's management proposal says the migration will not occur until after January 15, when support for the Ethereum-based ERC-20 OM token will cease.
πΏ #OM OKX: we uncovered evidence that multiple linked accounts used large volumes of OM as collateral to borrow significant amounts of USDT, artificially inflating the price of OM.
The resulting large losses were fully covered by OKX. The relevant evidence has been presented to regulators and law enforcement authorities and several trials are ongoing.
The resulting large losses were fully covered by OKX. The relevant evidence has been presented to regulators and law enforcement authorities and several trials are ongoing.
π #OM MANTRA cuts staff amid restructuring as OM token remains 99% below peak - link
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