Mantra resumes deposits and withdrawals after rebranding and token swap

South Korean exchange Upbit has resumed deposits and withdrawals for MANTRA following the project’s rebranding and token swap from the legacy OM token to the new MANTRA (MANTRA) token. According to Upbit’s prior notice, OM deposits and withdrawals were suspended to facilitate the swap and technical migration, during which user balances were converted from OM to MANTRA at the project-wide swap ratio of 1 OM = 4 MANTRA, in line with how other major exchanges such as Binance, KuCoin, Crypto.com and others handled the transition. Once the swap and system integration were completed, Upbit reopened its wallet services under the new MANTRA ticker, allowing users to move the updated token on and off the exchange again. This resumption marks the operational completion of Upbit’s part in MANTRA’s broader rebrand and ecosystem upgrade, which involved a change of ticker, a redenomination of supply, and coordinated token migration across multiple centralized exchanges. For MANTRA holders on Upbit, the key implications are that the legacy OM token is no longer supported for deposits or withdrawals, balances now reflect the swapped MANTRA amount, and any future transfers must use the new MANTRA contract and ticker consistent with the project’s updated branding and tokenomics.

✨ AI-generated background, compiled from web sources — not editorial content.

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