Wu learned that JP Mullin, co-founder of MANTRA, stated that yesterday, due to the forced liquidation of large OM holder positions, some investors suffered losses. The MANTRA team will release a post-event report within 24 hours to disclose the details of the incident, which will be verified using on-chain and off-chain data, and plans to launch an OM token buyback and burn plan.
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MANTRA Co-Founder: A post-event report will be released within 24 hours to disclose details, planning to repurchase OM for destruction.
Wu learned that JP Mullin, co-founder of MANTRA, stated that yesterday, due to the forced liquidation of large OM holder positions, some investors suffered losses. The MANTRA team will release a post-event report within 24 hours to disclose the details of the incident, which will be verified using on-chain and off-chain data, and plans to launch an OM token buyback and burn plan.