On April 16, MANTRA issued a statement on the OM crash, saying that the MANTRA team is currently operating normally and promised to take all necessary measures to deal with the current market turmoil. During the OM slump, the MANTRA team did not sell any, and all token quotas of the MANTRA main network OM team and advisory team were locked. MANTRA currently knows that a large number of OM tokens are transferred to trading platforms and used as collateral. Based on MANTRA's independent observation of the event, it can be confirmed that a forced liquidation event occurred during a period of low market activity (around 2 a.m. Hong Kong time on Monday), and these liquidations caused excessive selling pressure on the OM token market. MANTRA will release details of its OM token support program, which will include OM token repurchase and supply destruction programs.