PANews reported on April 16 that according to the event description released by the MANTRA team, the OM token experienced a sharp drop at 18:28 UTC on April 13, plummeting 92% in one hour. The team emphasized that no tokens were sold during the plunge, and the circulating market was mainly composed of fully released ERC-20 tokens. The incident was caused by a chain reaction caused by the forced liquidation of large amounts of mortgaged OM during low liquidity periods. MANTRA will launch an OM repurchase and destruction plan and release a transparent data dashboard to enhance market confidence.