Mantra CEO says OM token recovery ‘primary concern’ but in early stages

Mantra CEO John Mullin has denied insider dumping and outlined plans for OM token recovery and ecosystem support after the token’s collapse, which could include buybacks.

Mantra CEO John Mullin addressed key concerns from the community following the sharp decline in the OM token during an Ask Me Anything (AMA) session hosted by Cointelegraph on April 14.

Mullin reassured users that Mantra and its partners are actively working to support the recovery of the Mantra (OM) token, though he noted that details around token buybacks and potential burns are still being developed.

“We’re still in the early stages of putting together this plan for potential buyback of tokens,” the CEO said, adding that the OM token recovery is Mantra’s “preeminent and primary concern right now.”

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