MANTRA has announced a token upgrade plan, whereby OM will be converted into MANTRA on 19/01/2026, with a 1:4 split ratio at the target block 11,888,888. This move aims to streamline the tokenomics structure and promote institutional adoption, while also gaining broad community support.
For those holding OM on MANTRA Chain, the conversion process will occur automatically and requires no action. Meanwhile, off-chain token holders on EVM networks need to proactively perform the transfer to avoid the risk of tokens being stuck after the upgrade.
MANTRA leadership affirms that the conversion process will not cause dilution of supply. CEO John Patrick Mullin stated that 1 OM will become 4 MANTRA, helping to expand the number of decimal places, increase flexibility, and improve the utility of the token, thereby supporting the long-term goal of attracting institutional capital flows.
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