Mantra Crypto $25 Million Buyback: Can OM Flip The Switch After 90% Dip?
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最新报道：Mantra (OM) has initiated a $25 million buyback program following a $20 million investment from Inveniam, bringing total commitments to $45 million. Despite the buyback, the token remains stable around $0.23 with a market cap near $250 million, down 90% from its $6 billion peak. The buyback involves purchasing tokens from exchanges for on-chain staking, currently yielding 5.73% APR. Upcoming developments include the MultiVM mainnet launch in September and research into yield-bearing stablecoin mantraUSD. Holder counts approach 43,000 on Ethereum, with significant whale accumulation noted recently.
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