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MANTRA executes token update: 1:4 split and ticker change on March 3
MANTRA has announced the final notice regarding the upcoming token update, which will take place on March 3rd. This update includes a change to the token code and a 1:4 split, a significant event for the project community.
Users on MANTRA Chain and exchanges: automatic update
For those holding OM on MANTRA Chain or on supported exchange platforms, the good news is that no action is required. The update process will occur automatically without manual intervention. Wallet balances will be synchronized to the new token code, automatically reflecting the 1:4 split of your holdings.
OM token in the Cosmos ecosystem: action required before the split
The situation is different for those holding OM on other Cosmos ecosystem chains, such as Osmosis or Stargaze. In these cases, there is a risk that users may not receive the proportional 1:4 revaluation. For this reason, the MANTRA team urgently recommends that holders transfer their OM tokens to MANTRA Chain via the IBC bridge immediately, ensuring full participation in the update.
Key point to remember
This update represents an important technical change in MANTRA’s structure. Those who act in advance will ensure their OM positions fully benefit from the scheduled token split.