MANTRA founder John Patrick Mullin announced recently that the project has decided to undertake a major strategic adjustment. Due to multiple factors such as the worsening market environment this year, increased project competition pressure, and rising cost pressures, MANTRA has initiated team size optimization. This round of adjustments mainly involves departments such as business development, market operations, human resources, and administrative support. Notably, around the time of this announcement, the OM token experienced significant volatility in April — the price dropped sharply from the level of $6.2 to $6.3 within just a few hours. This reflects market concerns about the project's prospects and also highlights the survival pressures currently faced by Web3 projects.