Mantra Chain is embarking on an ambitious resurgence, unveiling a multi-pronged strategy to reclaim its market position following a significant downturn. At the core of its revival plan are a substantial OM token buyback initiative, the introduction of a new Ethereum Virtual Machine (EVM) compatible Layer 1 network, and a strategic pivot towards Real World Asset (RWA) tokenization, complemented by a new yield-bearing stablecoin. This comprehensive overhaul aims to restore investor confidence and establish a robust, compliant ecosystem for digital finance.
- Substantial OM token buyback initiative
- Launch of a new Ethereum Virtual Machine (EVM) compatible Layer 1 network
- Strategic pivot towards Real World Asset (RWA) tokenization
- Introduction of a new yield-bearing stablecoin
- Strategic investment and validator partnership with Inveniam
Mantra Chain’s Ambitious Resurgence Plan
OM Token Buyback and Investor Confidence
A critical component of Mantra Chain’s strategy is a planned $25 million OM token buyback. This commitment is further bolstered by an additional $20 million investment from Inveniam, an institutional partner that will also assume a validator role to secure the network. Cumulatively, this $45 million injection is designed to reinforce confidence in OM’s long-term value, with buybacks executed transparently on-chain. This move comes as the OM token, currently trading around $0.23 with daily gains of 2.4%, has struggled since an April crash, remaining down over 78% for the past year, according to CoinGecko. The token’s previous volatility and low-liquidity trading had led to considerable market skepticism and accusations of a “rug pull” by some community members.
New EVM-Compatible Layer 1 Network Rollout
In parallel, Mantra Chain is preparing for a significant infrastructural upgrade. The network plans to launch its new EVM-compatible Layer 1 blockchain around mid-September. This new chain will serve as the mandatory destination for all existing ERC-20 OM tokens, which must migrate by January 16, 2026. The move to an EVM-compatible network is intended to integrate Mantra more seamlessly with the broader Ethereum DeFi ecosystem, facilitating the deployment of Ethereum-compatible applications and fostering real-world use cases. To incentivize early adoption and network security, the OM token’s inflation rate has been temporarily raised to 8% for validators, with a future vote planned to adjust it downwards.
Strategic Focus on Real World Asset (RWA) Tokenization and New Stablecoin
Central to Mantra’s long-term vision is its focus on RWA tokenization. The project aims to provide an infrastructure compliant with financial requirements, enabling the on-chain launch of traditional financial products. This strategic direction positions Mantra Chain within a competitive landscape, with established players like Ethereum and Solana currently dominating RWA tokenization. To enhance network liquidity and engagement, Mantra also intends to introduce a native, yield-bearing stablecoin. This stablecoin will distribute network earnings among participants, addressing the platform’s current limited stablecoin liquidity, which stands at under $400,000.
Despite the ambitious roadmap, Mantra faces the challenge of rebuilding from a current state of under $500,000 in total value locked and minimal DeFi activity. The April crash significantly hampered its growth, causing it to miss recent uptrends in the decentralized finance sector. However, the comprehensive strategy, from substantial financial commitments to fundamental infrastructure overhauls and a clear focus on RWA tokenization and a new stablecoin, signals a determined effort by the Mantra team to overcome past setbacks and carve out a distinct niche in the evolving blockchain ecosystem.
Blockchain developer and writer, Daniel combines hands-on coding experience with accessible storytelling. He holds multiple blockchain certifications and authors technical explainers, protocol deep-dives, and developer tutorials to help readers navigate the intersection of code and finance.