Respect when it’s earned.
This is what leadership under pressure looks like.
@jp_mullin888 and the @MANTRA_Chain team could’ve gone quiet, instead, they’re doubling down on transparency, decentralization, and long-term architecture.
• Internal validators reduced
• Governance & stability reforms
• OM burn finalized
• Risk call-out to the entire industry
• New testnet live
We said we were in for the long game. This only reinforces it.
#CryptoFundamentalist #MantraChain #LeadershipMatters #BuiltNotBegged #OM
Following Wednesday’s Statement of Events, you can now find our first iteration of a real-time dashboard. It’s here to provide a clear view and live look at $OM token supply, operational wallets, and other significant onchain holdings.
V1 of the dashboard shows;
- A detailed breakdown of both EVM and mainnet OM
- Links to respective wallets
Additional features coming soon.
https://t.co/S2J5IERaFn
Guys let's get a couple things straight:
- The TG was not deleted.
- The Team tokens all remain in custody, verifiable at this address - mantra1yejpacug78zuqkzwwuc94c0a2al4mz4yfqquam
- We are actively figuring out why these massive forced liquidations occurred and will provide more info ASAP.
- We are here and not going anywhere.
Sherpas, OMies, and broader crypto community,
First off, the team and I 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.
We have determined that the OM market movements were triggered by reckless forced closures initiated by centralized exchanges on OM account holders. The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice.
That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges.
Centralized exchange partners play an important role in providing liquidity to projects like ours. We work closely with them, however they continue to exercise enormously high levels of discretion. When discretionary powers are exercised without due internal and external oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike.
To be clear, this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors selling tokens. Tokens remain locked and subject to the published vesting periods. OM’s tokenomics remain intact, as shared last week in our latest token report. Our token wallet addresses are online and visible.
MANTRA is a project that has survived and operated throughout multiple market cycles. When others stopped building, we kept going. This is no exception. As our recent suite of announcements indicate - from being the first DeFi protocol licensed by Dubai’s VARA, to integrations and initiatives that will broaden and strengthen our ecosystem, we’re committed to our community and we’re here for the long term.
In the coming hours, we will host a community connect on X, to discuss these events further. Please do NOT click on any scam links or accounts pretending to be affiliated with MANTRA. All official communications will ONLY come from my personal account or the main MANTRA X account.
Bitcoin isn't afraid of Google's Willow chip.
In fact, Satoshi predicted the quantum computing threat 14 years ago.
While critics scream 'crypto apocalypse'...
Bitcoin developers are already quietly building quantum resistance.
Here's what everyone's missing 🧵:
I just minted my Welcome badge on @burnt_xion for joining @bonus_block.
You don’t want to miss out on the #XionExpedition, come join using my referral link!
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We are re-branding to Goracle! It was not an easy decision, so learn more about how we made the choice below.
Also, check out the updated website! https://t.co/nJSRN3CXyc
https://t.co/XNtvQ0Yb0X
First appearance of James "Rhodey" Rhodes!
@Marvel’s Invincible Iron Man #118 features VeVe-Exclusive Rare & Ultra Rare covers by @marcoturini. Super Limited Edition drops Tue, 17 May at 8 AM PT in blind box format.
#MARVELxVeVe
Bitcoin's hash rate continues to grow at an aggressive pace.
The most secure computer network in the world is getting stronger without a concern for financial market conditions.