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Mantle launches budget discussion proposal for second budget cycle

CointimeCointime2024/08/14 07:03
By:Cointime

Mantle announced that a new proposal from the Mantle Core contributor team has been posted on the Mantle forum, which details the Mantle Core budget for the period from July 2024 to June 2025.The new proposal sets the authorized limit for USDx at 52 million and the total limit for MNT at 200 million.In the second budget period, the temporary budget for Mantle Core contributors is 15 million USDx and 50 million MNT. The MNT allocation accounts for about 1.5% of the circulating supply of MNT, which is lower than the industry standard.

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