In the grand theater of blockchain, where tokens are the actors and chains their stages, Mantra has proposed a daring plot twist: the full migration of its OM token from Ethereum’s ERC-20 standard to its native chain. Ah, the drama! 🎭
- By January 2026, OM tokens will bid farewell to Ethereum and embrace their new home on Mantra Chain. Farewell, old friend! 👋
- ERC-20 support will fade like a sunset over the blockchain horizon as liquidity pools consolidate around the native token.
- This move, they say, is to streamline tokenomics and boost on-chain activity-because apparently, tokens need a pep talk too. 💪
The announcement came via X (formerly Twitter) on August 20, detailing a roadmap that would formally retire ERC-20 OM tokens by January 15, 2026. Exchanges have been invited to coordinate this “managed sunset process,” because nothing says innovation like bureaucracy. 📋
A Single Standard for OM: The Quest for Unity 🕊️
This migration seeks to end the great divide between ERC-20 OM and its native counterpart on Mantra Chain. Any tokens left behind after the deadline will be reclaimed by the Mantra Chain Association-not out of malice, but for “ecosystem growth.” How noble. 🌱
The team insists this will strengthen governance, simplify utility, and spare users the existential crisis of choosing between two versions of the same token. Truly, a service to humanity. 🙏
We just shared our proposal to bring $OM hOMe 🕉️
For those seeking the TL;DR plus our reasoning for establishing MANTRA Chain as the native foundation for $OM, we invite you read on 🧵👇
– MANTRA | Tokenizing RWAs (@MANTRA_Chain) August 20, 2025
Liquidity scattered across networks such as Base, Polygon (POL), and BNB Chain will be herded first, followed by Ethereum later this year. Consolidation into native pools promises deeper liquidity and smoother markets-as if tokens were ever meant to flow like water. 🌊
Tokenomics Adjustments: Inflation, Validators, and Fees Oh My! 🎢
Mantra isn’t stopping at migration; it’s also tweaking OM’s tokenomics. An 8% inflation rate will return, raising staking rewards to approximately 18% APR. A hard supply cap of 2.5 billion OM will be enforced at the protocol level, with a review scheduled for early 2026-because even blockchains love deadlines. ⏳
Validators aren’t spared either. The Mantra Chain Association plans to reduce active validators from five to two in Q3 2025, redistributing stakes to improve decentralization. And lest we forget, commission fees will soon grace MCA-run validators, encouraging community participation-or rebellion, depending on your perspective. 😈
Toward a MultiVM Future: One Token, Many Dreams 🚀
This migration is framed as a stepping stone toward Mantra’s long-term MultiVM roadmap. By making OM native, Mantra envisions itself as a regulated platform for real-world asset tokenization-a sector it has nurtured since its inception. Quite poetic, isn’t it? 📜
This proposal arrives shortly after Mantra celebrated its fifth anniversary and welcomed Binance as a validator. With over 250 million OM already bridged to the chain, the project views this move as a natural consolidation-as natural as anything in crypto can be. 🌟
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2025-08-21 08:56