Proposal 17 Reshapes OM’s Tokenomics and Strengthens RWA Ecosystem
According to Mantra, Proposal 17 represents a crucial turning point in its roadmap toward becoming a blockchain platform centered on tokenized real‑world assets. The proposal formalizes the deprecation of the ERC‑20 version of OM, making the native token standard the sole representation of OM going forward.
More $OM is coming hOMe
Following Gov Proposal 17, we’re removing all protocol owned liquidity from the OM/ETH pool on Uniswap (Ethereum) and moving it to MANTRA Chain to strengthen native DEX liquidity.
In the next 24 hours, this process will be complete. pic.twitter.com/ly4I5afSnK
— MANTRA | Tokenizing RWAs (@MANTRA_Chain) October 9, 2025
In addition, the protocol will establish a hard cap of 2.5 billion OM tokens. Inflation will be adjusted to 8 % to yield roughly 18 % annual staking rewards. These structural changes aim to align the token’s economics with the Mantra Chain environment while improving liquidity efficiency and network stability. Moreover, all EVM‑based liquidity pools are being migrated to the native network to deepen on‑chain liquidity and reduce dependency on external ecosystems.
This shift follows Binance’s recent decision to end support for OM’s ERC‑20 and BEP‑20 networks. The coordinated efforts across exchanges and the protocol itself underline Mantra’s determination to strengthen its ecosystem under one unified framework.
Market Reaction Reflects Short‑Term Pressure on OM Price
OM is currently trading at $0.1605, reflecting a 3 % daily decline and a 9 % drop over the past week. Trading volume has fallen by 36.51 %, according to CoinMarketCap data. The chart shows a breakdown below a key ascending support trendline after multiple rejections near the $0.1814 resistance area.
At present, the Relative Strength Index sits near 36.91, signaling potential oversold conditions that could trigger a short‑term rebound. However, the MACD remains negative, indicating persistent downward momentum. Should OM reclaim the $0.1701 level, it may test resistance at $0.1814, opening room for a move toward $0.20. Failure to sustain support near $0.158 could push prices lower toward the $0.150 zone if cautious sentiment continues across the broader crypto market.