Binance will support the exchange and renaming of the MANTRA (OM) token to MANTRA.

PANews reported on February 13th that Binance announced it will support the exchange, split pricing, and rename MANTRA (OM) token to MANTRA (MANTRA). OM will be converted at a ratio of 1 OM = 4 MANTRA and will use the new MANTRA ticker. Starting February 23rd, OM-related contracts will cease new position openings and will automatically settle; from February 14th to 23rd, OM will be delisted from Cross/Isolated Margin, triggering automatic repayment and asset conversion; starting February 20th, Buy & Sell Crypto will remove OM; on February 23rd, Binance Loans will close OM lending; starting February 27th, Simple Earn will redeem OM products and repurchase them in MANTRA after March 4th; on March 2nd, OM will be completely delisted from spot, Convert, Gift Card, and other scenarios; on March 4th, a new MANTRA spot trading pair will be launched and OM withdrawals will cease.