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MANTRA initiates OM token migration in anticipation of network upgrade

source-logo  cryptobriefing.com 57 m
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Key Takeaways

  • MANTRA has initiated the migration of its OM token from the Osmosis network to its mainnet.
  • Token holders must complete the migration to receive full benefits from a planned 4-to-1 token split during the mid-January network upgrade.

MANTRA has begun migrating its OM token off the Osmosis network as the project prepares for a planned network upgrade expected in mid-January.

Users must transfer their OM tokens to the MANTRA mainnet to receive full credit for an upcoming 4-to-1 split, according to the project’s announcement today. The first step in the migration process involves halting OM trading on Osmosis.

Token holders who fail to complete the migration before the upgrade may not receive the full allocation from the planned split.

cryptobriefing.com