Mantle initiated the budget discussion proposal for the second budget cycle, with a total limit of 200 million MNT

ChainCatcher message, Mantle indicates on X that a new proposal from the Mantle Core contributor team has been published on the Mantle forum, detailing the Mantle core budget for the budget period from July 2024 to June 2025.

The new proposal authorizes a USDx cap of 52 million tokens, with a total MNT cap set at 200 million tokens.

In the second budget period, the interim budget for Mantle core contributors is 15 million USDx and 50 million MNT. The MNT allocation accounts for approximately 1.5% of the circulating supply of MNT, which is below the industry standard.