OM Price Wobbles as Mantra Chain Liquidity Migration Launches Full RWA Pivot
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- Mantra Chain liquidity migration completes within 24 hours, shifting all OM ERC-20 liquidity from Uniswap to its native chain.
- Proposal 17 governance vote finalizes the OM token ERC-20 to native migration and sets a 2.5 billion OM hard cap with 8% inflation.
- OM trades near $0.1605, approaching oversold levels; RSI 36.9 signals potential short-term rebound.
Mantra (OM) began migrating all protocol-owned liquidity from the OM/ETH pool on Uniswap to the native Mantra Chain DEX, completing the process within 24 hours after Proposal 17 passed.
The decision consolidates Mantra Chain liquidity migration and strengthens its RWA blockchain ecosystem, marking a structural shift away from Ethereum’s ERC-20 standard.
Since mainnet launch, more than 250 million OM tokens, roughly 28% of the ERC-20 supply, have already moved to the native network, deepening on-chain liquidi…
Read The Full Article OM Price Wobbles as Mantra Chain Liquidity Migration Launches Full RWA Pivot On Coin Edition.
8h ago•
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