Hi everyone, I wanted to share a quick update from Regenesis Labs.
We’re aware of the current market conditions and the recent volatility in MANA (and the broader market). Over the last 24 hours, MANA has moved significantly and is currently trading around ~$0.10.
First, the most important point: Regenesis Labs operations are secured through the end of the current operational period (December 2026). This is the outcome of our earlier treasury actions, including diversifying MANA into stablecoins when the price was above our break-even level ($0.26).
We recognize that sharp price movements can generate anxiety. We want to be clear: we remain on track to deliver on our 2026 commitments.
What we’re doing next
-
We’re moving forward with the launch of the Grants Program and our broader ecosystem funding plans. On February 11, we invite the community to discuss the initial draft of the Grants Program framework.
-
We will deploy the MANA already budgeted for each of these programs, as well as for marketing and promotion of the mobile app, according to the planned scope and cadence. If MANA remains below our break-even level, that will translate into fewer USD-worth funds — but we will not reallocate MANA away from these categories.
-
We will monitor market conditions closely to determine the best timing and approach to continue diversifying the Regenesis Labs treasury responsibly, without rushing decisions in a volatile moment.
Token price is an enabler, but the real impact comes from building a product people want to use. That’s why we’re laser-focused on delivering the Decentraland mobile client as soon as possible: A useful, accessible experience that can grow real usage and retention over time.
We’ll keep communicating as we execute, and we’ll share the next set of updates shortly.
— Gino / Executive Director Regenesis Labs