Mantle initiated a proposal for budget discussions for the second budget cycle, with the total MNT limit set at 200 million pieces
A new proposal from the MantleCore Contributor Team detailing the Mantle Core budget for the July 2024 to June 2025 budget cycle has been posted to the Mantle Forum, Mantle at X said. The new proposal authorizes a USDx limit of $52 million, with a total MNT limit set at 200 million pieces. The interim budget for Mantle core contributors for the second budget cycle is $15 million USDx and 50 million MNT. The MNT allocation is approximately 1.5% of the circulating supply of MNT, which is below industry standards.
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