MANTRA Initiates Major Token Consolidation: OM to Transition Fully to MANTRA Chain

ponzi_poet · 2025-12-26T20:25:52+00:00

MANTRA Chain proposes to phase out its ERC20 OM token in favor of a native environment, aiming for improved liquidity and security by migrating tokens to a single blockchain. Voting for this initiative ends on August 22, 2025, with potential transition official on January 15, 2026.

ponzi_poet

2025-12-26 20:25:52

Abstract generation in progress

MANTRA Chain is moving forward with a significant governance proposal to phase out the ERC20 version of its OM token and establish MANTRA Chain as the exclusive native environment. Voting commenced on August 20, 2025, at 19:50 Beijing time and will conclude two days later on August 22.

Strategic Migration Plan

The proposal represents a major step in streamlining OM’s infrastructure. By consolidating all liquidity onto a single blockchain base, MANTRA aims to strengthen its ecosystem foundation. The initiative carries three primary objectives: reducing fragmentation across multiple chains, restructuring the token economics with an 8% annual inflation rate, and implementing a fixed supply ceiling of 2.5 billion OM tokens.

Migration Progress and Timeline

The community’s response to the migration initiative has been notable thus far. Since MANTRA Chain’s mainnet launch, approximately 250 million OM tokens—representing roughly 28% of total supply—have already been transferred from the ERC20 standard to the new chain. Current data indicates a total supply of 1.73 billion OM tokens with 1.15 billion in active circulation.

If approved, the transition becomes official on January 15, 2026, when ERC20 OM trading officially ends. Any tokens remaining on Ethereum’s network after this date will be forfeited and considered abandoned, creating a deadline for migration compliance.

Enhancing Network Resilience

The consolidation strategy extends beyond simple token movement. By unifying OM onto MANTRA Chain, the protocol aims to improve network security and operational resilience. A single, dedicated blockchain environment enables more efficient validator coordination and reduces exposure to cross-chain vulnerabilities that can emerge from token fragmentation.

This governance vote represents a critical juncture for MANTRA’s long-term architecture and ecosystem development.

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