咒語燃燒3億om代幣，相當於總供應量的16.5％

這個決定是該平台的關鍵時刻，該平台已經使該代幣在4月13日的一天內損失了其價值的90％，市值蒸發了超過50億美元。

Mantra, the platform specialized in the tokenization of real-world assets (RWA), has announced a burn of 300 million OM tokens, equal to approximately 16.5% of the total supply, with an estimated value of 160 million dollars. This decision comes at a critical time for the platform, which has seen its token lose 90% of its value in just one day, April 13, with a market capitalization evaporating by over 5 billion dollars. According to the Mantra team, the main cause of the collapse is attributed to irresponsible liquidations by the exchanges, which triggered a bear spiral.

曼特拉（Mantra）是專門從事現實世界資產（RWA）令牌化的平台，已宣布燒毀了3億個OM令牌，約佔總供應量的16.5％，估計價值為1.6億美元。這個決定是該平台的關鍵時刻，該平台已經看到它的代幣在4月13日的一天內損失了90％的價值，市值蒸發了超過50億美元。根據咒語團隊的說法，倒塌的主要原因歸因於交換的不負責任的清算，這引發了熊螺旋。

The role of John Patrick Mullin and the ecosystem partners

約翰·帕特里克·穆林（John Patrick Mullin）和生​​態系統合作夥伴的角色

At the center of the burn operation is John Patrick Mullin, founder of Mantra, who will contribute 150 million tokens OM, equivalent to about 80 million dollars. These tokens are part of the allocation intended for the team and the main contributors of the project, and were originally staked at the network’s launch, in October 2024.

燒傷行動的中心是Mantra的創始人John Patrick Mullin，他將貢獻1.5億個代幣OM，相當於約8000萬美元。這些令牌是旨在為團隊和該項目的主要貢獻者分配的一部分，最初是在2024年10月的網絡發布會上放置的。

The remaining tokens to be burned will come from ecosystem partners, although specific details about these contributions have not been made public. The process of unstaking the tokens has already begun and will be completed by April 29, at which point the tokens will be sent to the network’s burn address, rendering them unusable and permanently removing them from circulation.

儘管尚未公開有關這些貢獻的具體細節，但其餘的代幣將來自生態系統合作夥伴。取消代幣的過程已經開始，並將在4月29日之前完成，此時，令牌將被發送到網絡的刻錄地址，使它們無法使用並永久地將其從流通中刪除。

Market impact: confidence still declining for the Mantra project and the OM token

市場影響：咒語項目和OM令牌的信心仍在下降

Despite the announcement of the burn, the price of the OM token continued to fall, recording a further -3.3% in the following 24 hours. This data highlights how investor confidence is still very fragile, and that the initiative, although significant, was not enough to immediately reverse the negative trend.

儘管宣布了燒傷，但OM代幣的價格仍在繼續下降，在接下來的24小時內記錄了-3.3％。這些數據強調了投資者的信心仍然非常脆弱，儘管這項計劃雖然很重要，但不足以立即扭轉負面趨勢。

The burn will still have a significant technical impact: the bonded ratio, or the percentage of tokens in staking compared to the total supply, will decrease from 31.47% to 25.30%. This could result in higher staking rewards for active participants, thus encouraging greater participation in the network.

燃燒仍會產生重大的技術影響：與總供應相比，債券比率或股權中的代幣百分比將從31.47％降至25.30％。這可能會給積極參與者帶來更高的積分獎勵，從而鼓勵更多地參與網絡。

A brilliant recent past: the growth of OM in 2024

輝煌的過去：OM在2024年的成長

Before the collapse, the OM token had been one of the protagonists of the crypto market in 2024, with a growth exceeding 400%. This rally occurred in a context of low media exposure, rendering the performance even more surprising to analysts and investors.

在崩潰之前，OM令牌是2024年的加密貨幣市場的主角之一，增長超過400％。這次集會發生在媒體曝光率低的情況下，這使分析師和投資者更加驚訝。

A key element of this growth was the announcement, in January, of the partnership between Mantra and the DAMAC Group, a conglomerate based in the United Arab Emirates. The agreement included the tokenization of a 1 billion dollar portfolio, comprising real estate, hotel facilities, and data centers. This had given a strong boost to the perception of the project’s solidity and had fueled the interest of institutional investors.

這一增長的一個關鍵要素是一月份宣布了咒語與達馬克集團（Damac Group）之間的伙伴關係，這是位於阿拉伯聯合酋長國的企業集團。該協議包括將10億美元投資組合的令牌化，包括房地產，酒店設施和數據中心。這極大地推動了對項目的堅固性的看法，並激發了機構投資者的興趣。

The mission of Mantra: to tokenize the real world

咒語的使命：將現實世界歸為現實

At the core of the Mantra project is the goal of rendering tangible assets digital and accessible, such as real estate and raw materials, through tokenization compliant with current regulations. In this ecosystem, the OM token plays a central role, acting as a governance tool and medium of exchange for transactions within the platform.

咒語項目的核心是通過符合當前法規的代幣化，以使有形資產數字化和可訪問的數字資產（例如房地產和原材料）。在本生態系統中，OM令牌起著核心作用，充當了平台內交易的治理工具和交換媒介。

This vision fits into a broader trend that is gaining more and more attention in the world of decentralized finance: the integration between the crypto world and real-world assets, with the aim of creating new forms of investment that are more transparent, liquid, and accessible.

這種願景符合一個更廣泛的趨勢，在分散的金融世界中，人們越來越關注：加密世界和現實世界中的一體化，目的是創造新的投資形式，這些投資形式更加透明，液體且易於使用。

The future challenges: rebuilding credibility and stability

未來的挑戰：重建信譽和穩定性

The collapse of the OM price has dealt a setback to Mantra, but the decision to proceed with such a significant burn demonstrates the team’s willingness to take concrete measures to restore balance. However, the path to regaining the market’s trust will be long and complex.

OM價格的崩潰已經遭受了咒語的挫折，但是進行如此重大燃燒的決定表明，該團隊願意採取具體措施恢復平衡。但是，重新獲得市場信任的途徑將是漫長而復雜的。

Transparency in fund management, communication with the community, and the ability to avoid new episodes of uncontrolled volatility will be key elements for the future of the platform. At the same time, it will be essential to strengthen strategic collaborations, such as the one with DAMAC, to consolidate Mantra’s position in the emerging sector of real asset tokenization.

基金管理的透明度，與社區的溝通以及避免不受控制波動率的新情節的能力將是平台未來的關鍵要素。同時，加強戰略合作，例如與達馬克的戰略合作，以鞏固咒語在真正的資產代幣化新興領域的地位。

In conclusion, the burn of 300 million OM tokens represents one of the largest supply reduction operations ever announced by a tokenization platform. Although the immediate impact on prices has been limited, the initiative could lay the groundwork for a more robust and sustainable recovery in the medium to long term.

總之，燃燒3億個OM令牌代表了令牌化平台有史以來最大的減少供應操作之一。儘管對價格的直接影響受到限制，但該倡議可能為在長期到長期中更強大，更可持續的恢復奠定基礎。

Mantra is now facing a crossroads: on one side the possibility of emerging stronger from a deep crisis, on the other the threat of losing an increasingly demanding market definitively. The coming weeks will be decisive in understanding if the project will succeed in transforming this setback into an opportunity for relaunch.

咒語現在正面臨著十字路口：一方面，可能會從深層危機中越來越強大，另一方面是損失越來越苛刻的市場的威脅。接下來的幾週將是決定性的，以理解該項目是否會成功將這一挫折轉變為重新啟動的機會。