MANTRA Co-founder JP Mullin: Destroying his own team token allocation and will create a comprehensive burn program

Apr 16, 2025 16:26:09

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ChainCatcher message, MANTRA co-founder JP Mullin issued a statement saying that he is destroying his team tokens and will create a comprehensive burn program for the other portion of OM supply. JP Mullin added that he cannot make any statements about what impact this will have on the value of OM, but he is doing this to demonstrate consistency and long-term support for OM and MANTRA, and to build trust in the market. Members of the MANTRA team have also privately expressed support to JP Mullin.

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