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Mantra’s Token Burn Will Reduce OM Supply by 150 Million Tokens
- Mantra CEO and Founder John Patrick Mullin plans to burn 150 million team tokens.
- The burn will reduce the total supply of OM tokens from 1.82 billion to 1.67 billion.
- The reduction in total supply will lower the bonded ratio from 31.47% to 25.3%.
- Mantra is in talks to further burn 150 million OM tokens, bringing the total amount burned to 300 million.
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