Unfortunately its not receiving positive feedback with the community.
A 10.8% drop in the market as of this writing is not good. The community has seen the technical vulnerabilities of this project so why would they trust it again?
The buyback is not the one that will resolve the trust; it's the plan to solve the technical vulnerabilities. What is their plan for the same scenario not to happen again? It's not within their control; it's the technical nature, so it's better not to be in a hurry to buy back again until they fix the issues and avoid a repeat of the dump scenario.
mantrax has simply lost the trust of many of its investors. whatever they do it seems like it will not restore the trust of investors in this project, whether they want to do a buyback, or whatever, it can only restore a few percent... and maybe in that process it could drop again because people see that it is an opportunity to sell their tokens. basically this token is already very risky, and the development team has no plans other than just talking and saying that they will try their best to save this project.
I think it looks like a good opportunity to buy Mantra at these times. Even despite the bad thing that happened when it was dumped too much in the market, I think many people still took the chance to buy now and are holding it little by little, even if only for the short-term.
Because if we look at its daily volume in the market, it is still considered large because it is still at 505 Million dollars, which means that many people still trust and believe in mantra
and besides that, it seems that the Mantra management team is not neglecting it either, as far as I know.