In response to the significant and unexpected downward price action experienced by the $OM token earlier this week, our team has compiled this fact-based assessment. It addresses our community’s questions and outlines measures to strengthen market resilience.
Our investigation remains ongoing, and we are committed to sharing verified information in a clear and timely manner.
We’d like to thank our community and wider industry for their patience as we continue building a comprehensive understanding of this market event.
For an update on the latest on $OM’s market movements, please refer to our latest community update from @jp_mullin888. We’ll be providing further updates in the coming hours and days, to discuss these events further. We greatly appreciate the support that we have received over the past several hours, which we believe is a testament to the strong support MANTRA has among its investors and community.
Remember: don’t click on any links or accounts pretending to be MANTRA. Communications will only come from JP’s account, or this one.
MANTRA community - we want to assure you that MANTRA is fundamentally strong. Today’s activity was triggered by reckless liquidations, not anything to do with the project. One thing we want to be clear on: this was not our team. We are looking into it and will share more details about what happened as soon as we can.
Say hello to the MANTRA x @KaitoAI: RWA Thought Leaders Program—where your contributions get the spotlight (and rewards) they deserve.
We are teaming up with Kaito, an AI-powered platform that tracks blockchain influence and engagement, to recognize and reward the most influential voices in our ecosystem.
Excited to share our mainnet’s successful integration with @FireblocksHQ - the world's most trusted and proven digital asset infrastructure company.
This will expand our ecosystem significantly for developers and institutions seeking to securely and compliantly participate in the evolving #RWA #tokenization space.
TL;DR?👇
✅ $OM can be transferred to counterparties via the Fireblocks Network ✅ Broader exchange availability now exists for $OM ✅ #Fireblocks custody technology users can deploy or bridge assets directly onto MANTRA Chain ✅ Our ecosystem is further protected from current and evolving threats
Today, we’re announcing the launch of the MEF - a $108,888,888 million investment initiative designed to propel real world asset innovation, adoption and growth.
But we’re not doing this alone. We’ve got leading incubators, accelerators and capital partners by our side; @laserdigital_, @BHDigitalAssets, @shorooqpartners, @ambergroup_io, @damacofficial, @caladanxyz, @lvnacapital, @ManifoldTrading, @tokenbaycapital, @maple_block, @mercadobitcoin and more.
If you’re a founder, team or dev with an idea, who wants to bring more of the world onchain, let’s talk. The MEF welcomes projects at any stage of development, on any chain.
Headed to @festival_web3 in Hong Kong? You can catch our Co-Founder @JayantRamanand on stage with @chriseyin moderated by @keeglobal, discussing everything RWAs. Jay will then stay on stage for his #Web3Festival keynote.
⏰ Sunday, 6 April, (16:00 - 16:40 HKT) 📍 Stage 2, Hong Kong Convention and Exhibition Centre
Held in partnership with @BTCON_Seoul, our inaugural MANTRA RWA Summit will bring key players and innovators from traditional finance, policy making, development and more together to discuss RWAs, asset infrastructure, policy outlooks, ecosystem updates, stablecoins and more.
🕉️ $OM liquid staking is now available on @FluxtraMantra. Stake $OM on the first liquid staking protocol on MANTRA and earn $OM validator yields in addition to xFLUX rewards.
https://t.co/1yQ12VY3y1
Learn more about Fluxtra here: https://t.co/oqhOaUBl5H
Participation in this activity is at your own risk. Please conduct your own research before engaging. Please note that Fluxtra is not owned, operated, or managed by MANTRA or any of its affiliates.
For the latest on our recent sybil investigations ahead of the upcoming $OM GenDrop, we invite you to read this.
They were conducted to ensure those who’ve contributed to #MANTRA’s growth to date and supported our work in bringing the world’s financial ecosystem onchain - are adequately and honestly rewarded.