MANTRA's Major Move: ERC20 OM Token Phase-Out Incoming, Here's What Token Holders Need to Know

MANTRA Chain just dropped significant news—they’re hitting the kill switch on the ERC20 version of OM token. Here’s the breakdown of what’s happening and why it matters for your holdings.

The Big Picture: Why Consolidate?

The project is making a strategic pivot to streamline operations. By consolidating all OM liquidity onto MANTRA Chain as the native standard, they’re targeting an 8% token inflation rate while establishing a hard cap of 2.5 billion OM in total supply. The move is designed to strengthen network security and accelerate ecosystem growth by eliminating the fragmented liquidity situation.

Migration Progress and the Deadline Everyone Should Know

Since MANTRA Chain mainnet went live, roughly 250 million OM tokens (approximately 28% of total supply) have already made the jump to the new chain. However, if you’re still holding ERC20 OM, here’s what’s critical: January 15, 2026 is the final cutoff date. Any ERC20 OM tokens not migrated by then will be deemed abandoned and removed from circulation.

This timeline matters because device settings or other barriers shouldn’t prevent you from taking action—the blockchain doesn’t care about technical hiccups once the deadline passes.

Voting Window: Make Your Voice Heard Now

Community governance is moving fast on this one. Voting opened at 19:50 Beijing time on August 20, 2025, and closes exactly 48 hours later at 19:50 on August 22. If approved, the ERC20 version gets officially discontinued, and the project moves forward with full consolidation on MANTRA Chain as the sole base layer for OM.

For token holders sitting on the sidelines: this isn’t optional if you want to preserve your OM holdings long-term.