Dear Sherpas,

It is with great excitement and pleasure that we would like to shed light on the next phase of MANTRA as a brand as well as OM as its native coin. Not too long ago, (August 22nd, 2025), you approved a proposal to deprecate the legacy ERC20 OM by January 15th, 2026. This proposal marked the beginning of a longer journey of brand harmonization and OM consolidation, whose next steps we would like to outline here today in this governance proposal.  We also ask for your continued support and approval.

Note: This proposal includes community feedback gathered from the MANTRA Forum that we recently launched for this purpose. You can follow the discussion here. In time, we will roll out further topics for discussion there.

Proposal Summary

In preparation for OM coming home to its native chain, we intend to further consolidate our ecosystem around our brand and to streamline our tokenomics in a way that is primed for global expansion. We believe MANTRA is our strongest brand, and we want to double down on this strength. As such, we believe the following proposal lays the best foundation for the first steps after the deprecation of ERC20 OM.

The steps we propose are the following:

Change the ticker from $OM to $MANTRA

Implement a 1:4 token split, which proportionally redenominates the hard capped max supply from 2.5B to 10B.

You can read the full proposal, including reasoning, timeline and preparatory steps for OM Holders here.