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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bernstein lowers Lockheed Martin target price to $614
Trending news
MoreAccording to a document submitted to the SEC, the Board of Directors of Lululemon Athletica has formally recommended that company shareholders vote "in favor" of the three board nominees proposed by the company at the upcoming vote.
In a key strategic deal in the defense communications sector, All.space, a satellite communications technology company backed by Rochford, has agreed to be acquired by York Space Systems, Inc.
Crypto prices
More
