Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash

Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing to burn as much as 16.5% of its total supply valued about $160 million to boost staking rewards after talks with key partners. The proposal to burn as many as 300 million of its 1.8 billion…