PANews
PANews|Aug 20, 2025 12:05
MANTRA proposes to abolish ERC20 OM, aiming to adjust token inflation rate to 8% According to official sources from MANTRA, MANTRA Chain is proposing to abolish the ERC20 version of OM tokens and plans to fully migrate them to MANTRA Chain as the sole native foundation. This proposal aims to promote ecological development by consolidating liquidity, adjusting token inflation rate to 8%, setting a supply ceiling of 2.5 billion OM, and enhancing network security. It is reported that since the launch of the MANTRA Chain main network, approximately 250 million OMs (about 28% of the total supply) have completed migration. If the proposal is passed, the ERC20 OM token will be officially discontinued on January 15, 2026, and any ERC20 OM tokens that have not been migrated will be considered abandoned. The voting will begin at 19:50 Beijing time on August 20, 2025 and end at 19:50 Beijing time on August 22
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