SMP MvB

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[JP Mullin (🕉, 🏘️) @jp_mullin888]

Dear OKX,

I have received your letter on December 10th, 2025. For transparency for our community, I am sharing the contents of the letter in my response. Let me state that we are sincere in supporting the migration, and the answers to your questions in paragraph 4 are as follows:

After the ERC20 OM token deprecation event, which will occur on January 15th, 2026, we plan to facilitate the chain upgrade and 1:4 split sometime shortly thereafter. This could be as soon as the following week, but it may take longer depending on coordination with exchanges and other third parties.

With respect to the procedure, this will be a chain-level upgrade, which will pass through an onchain proposal roughly several days before the upgrade and split is to take place. I want to confirm that this is not a smart contract change. This is handled at the protocol level by the Bank module. The native gas token changes from uOM (6 decimals) to aMANTRA (18). The redenomination is applied at the upgrade block height by multiplying all balances and total supply by 4. This requires no user interaction, and exchanges will just need to ensure the OM market is closed and a new MANTRA coin market is open in conjunction with this process and their own procedures.

To clarify our request for more information, we understand that a significant number of tokens may be in the possession of OKX rather than held by users of the OKX platform. As part of our commitment to regulatory compliance, it is our longstanding policy to verify the background of any significant movements of OM tokens in which MANTRA is involved, including their provenance and the source of funds used to obtain them. This is different, for example, from small transfers of tokens by individual users of centralized exchanges.

For this reason, we reiterate our request for OKX to confirm (i) the number of OKX users’ $OM tokens to be migrated and (ii) the number of $OM tokens held by OKX on OKX’s balance sheet.

We are pleased to see that OKX states that it is reaching out in good faith to align our respective positions. We appreciate this effort, but we continue to believe that our discussions should be held in public for the benefit of our OM Token holder community.

All actions we take, or statements we make regarding OM tokens will be taken or made with the best interests of the OM token holder community in mind and in compliance with applicable law, rules, and regulations solely. Protecting our community will always be our absolute highest priority.

[JP Mullin (🕉, 🏘️) @jp_mullin888]

Dear OKX,

While I appreciate you responding to us for the first time since April, I believe, for transparency and the benefit of the broader MANTRA community, it’s best to continue this conversation in a public forum.

MANTRA is planning to support OKX in the migration of users’ assets. We will always support the MANTRA community & OM token holders.

In order to support the migration, could you please confirm the number of OKX users’ OM tokens you plan to migrate on December 22?

Additionally, can you confirm the number of OM tokens held by OKX on your balance sheet?

As per guidance from external counsel, we have been advised that OM tokens believed to be in possession of OKX are subject to ongoing litigation proceedings alleging potential misconduct, and we should refrain from participating in any transactions with those tokens.

We remain open to ongoing dialogue as long as it’s done transparently, so the MANTRA and OM token holder community are kept fully aware.

🫡🕉️

[SMP MvB @MvbSmp]

@OnchainOMies ✋️

[SMP MvB @MvbSmp]

@ZssBecker @MANTRA_Chain $OM

[SMP MvB @MvbSmp]

@DeShawnBTC @oskar_cro Done

[SMP MvB @MvbSmp]

@Govgg Until you get your own house in order, the public isn't interested

[SMP MvB @MvbSmp]

@Govgg Your state pension has been so badly managed that you must get a secondary one

[Crypto Feras @CryptoFeras]

#Bitcoin
One of the best explanations I have ever seen.

[SMP MvB @MvbSmp]

https://t.co/V1ZWoAUSuE

[Lyn Alden @LynAldenContact]

I produced a half-hour animated overview of the Broken Money subject matter.

It covers the history of money, the development of banking, and how new technology changes the way we interact with money over time.

Enjoy:
https://t.co/r1CLMv1XPK

[SMP MvB @MvbSmp]

@BBCRadio2

[Lilverse | Crypto Magazine @LilverseHQ]

Meet the first Lilverse NFT mint details!

RT to get into the WL and mint our NFTs for free next month.

[9Lives Arena @9livesarena]

Are you ready to take some lives?

[SMP MvB @MvbSmp]

@cryptopigmedia Bring back @JamesMStothard

[SMP MvB @MvbSmp]

@CoinDesk @Clifford_Chance @bankofengland @TheFCA @trondao And yet the banks are still closing the doors to on/off ramp

[SMP MvB @MvbSmp]

@Govgg 3.34% Jan 2022
5.35% April 2022
4.51% April 2023
7.67% Nov/Dec 2023??

Compounding

[SMP MvB @MvbSmp]

@cryptocom And u still won't send cards to some islands of the UK

[SMP MvB @MvbSmp]

@JeffBooth Maybe he is satoshi and trying to wake people up using a different method

[SMP MvB @MvbSmp]

@BBCBreakfast Why don't you explain that inflation is due to the money supply increasing, due to the government printing money out of thin air, thus inflating prices. Debt spiral.

[SMP MvB @MvbSmp]

@SquawkCNBC @lightspark @davidmarcus Have a word with @jackmallers pretty sure this is exactly what @Strike are doing