MANTRA DAO price

Yesterday, @jp_mullin888 shared @token2049, we're making significant governance improvements to MANTRA Chain with a focus on decentralization. That work begins today - with MCA6 being unwound. By the end of Q2 2025, we'll have reduced internal validators by half and onboarded the next cohort of external partners.

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Today at @token2049 I sat down with @HenriArslanian to discuss the work our team has done in the past two weeks to develop and execute concrete solutions that will rebuild trust within the MANTRA community. Thanks to all who were there and came to listen. For those who weren’t able to attend, here is a brief summary: - Significant governance improvements. We’re accelerating our validator diversification efforts by winding down internal validators and adding more validator partners.  - Real time tokenomics. We’ll continue working on iterations of our real-time dashboard to make information available publicly, anywhere, anytime.  - 150 million burn of my staked OM tokens = complete. They’re gone from total supply.  - Our tech is resilient. MANTRA Chain kept operating in a volatile moment. With continued focus on resilience and risk-mitigation, we launched OMSTEAD - our EVM testnet currently in Alpha.  - Cooperating with major exchanges to improve market stability, and calling on the rest of our industry to provide input on how exchange policies can minimize (or continue to permit) policies that create risk to investors.  The path ahead requires methodical, transparent rebuilding. We're designing systems that both significantly reduce the risk of similar incidents and also create a fundamentally more decentralized protocol and token. I want to thank our community members who have provided valuable feedback during this challenging period. Your insights have helped guide our recovery strategy. We have a long road ahead to rebuild from an incident that hurt us and hurt our project. With these concrete actions and continued transparency, I remain confident we’ll come out stronger. JPM 🫡🕉️

For the past two weeks, our team has worked to develop and execute concrete solutions that will rebuild trust within the MANTRA community. Today, @jp_mullin888 shared our progress and upcoming actions onstage at TOKEN2049 in Dubai with @HenriArslanian. We’re sharing them here for all.

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