It connects the distinctive symbol collision talisman for risky encryption policies

The decentralized financing platform (Defi) called for cooperation in the industry level to reduce the risk of investors in the wake of the distinctive symbol of the om.

On April 30, talisman Published His last update from sudden Om symbol collapseIn claiming that the accident was “larger than a talisman.”

John Moulin, CEO of Mantra, warned in this position, pointing to the role of “aggressive leverage functions” on the stock exchanges as a broader threat to the safety of investors: “The liquidation waterfalls of any project in the encryption industry can occur.

“We are cooperating with the main stock exchanges to improve market stability, and we are calling for the rest of our industry to provide inputs on how to reduce exchange policies – or continue to allow – policies that create risks to investors,” says the update.

Progress includes governance improvements

Regardless of global communication Central exchanges To review their leverage policies, the talisman has included some major solutions after om crashing.

The first point was related to the improvement of governance on a talisman chain with a focus on decentralization. Mantra has pledged to accelerate efforts to diversify the auditor by forming internal health and adding more support partners.

Related: A talisman reveals a fund worth $ 108 million to support the asset code in the real world, Defi

“By the end of Q2 2025, we will reduce internal health by half and 50 total health of the external partner,” says the update.

In addition, the update stated that the Mantra had burned 150 million om stake symbolsPermanently remove it from the total offer.

To enhance transparency, Mantra presented in actual time dashboard features of TOKENOCS data. Alfa’s test has also started a new test compatible with ETHEREUM machines compatible with Omstead, aimed at improving technical flexibility.

The publication highlighted that the Mantra series continued to work without interruption during the low prices, even with the sizes of transactions at the highest levels ever.

Cointelegraph Mantra and Exchange, including Binance and OKX, called to comment on Mantra’s invitation at the industry level to work, but she did not receive a response through publishing.

This is a developing story, and more information will be added when available.

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