Mantle initiated a budget discussion proposal for the second budget cycle, with the total MNT limit set at 200 million
According to ChainCatcher news, Mantle has announced that the new proposal from the Mantle Core Contributors team has been published on the Mantle forum, which details the Mantle core budget for the budget cycle from July 2024 to June 2025. The new proposal authorizes a USDx cap of $52 million and a total MNT cap of 200 million. In the second budget cycle, the interim budget for Mantle core contributors is $15 million USDx and 50 million MNT. The MNT allocation is approximately 1.5% of the circulating MNT supply, which is lower than the industry standard.
