The combined burn would reduce the total OM supply from 1.82 billion to 1.52 billion
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MANTRA CEO initiates burn of 150M OM allocation, aims to bring total burn to 300M tokens
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The planned 300 million OM token burn comprising CEO John Patrick Mullin’s personal 150 million token burn and an additional 150 million from partners, is expected to significantly reduce OM’s total supply and increase staking APR by lowering the network’s bonded ratio.
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