Mantle Proposes reducing the core budget cap for the fourth cycle to 40000000 USDx and 150000000 tokens MNT
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AT A GLANCE
Mantle Proposes reducing the core budget cap for the next 1 cycle to 40000000 USDx and 150000000 tokens MNT。
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Mantle Proposes reducing the core budget cap for the fourth cycle to 40000000 USDx and 150000000 tokens MNT
PANews October 28 According to a message from Mantle the official governance forum, the core contributors team published MIP-35 a discussion proposal to set the core budget cap for 2026 year July to 2027 year June at 40000000 units of USDx and 150000000 tokens MNT, lower than the 1 previous cycle's 52000000 units of USDx and 200000000 tokens MNT. The budget covers personnel, administration, marketing, the ecosystem, infrastructure, and security; financing, treasury strategies, liquidity provision, and investments are not included in the above limits. Actual or projected spending exceeding category or total caps must still be discussed and voted on separately. The proposal remains at the discussion stage.
Mantle The core contributors team published MIP-35 a discussion proposal.
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The proposal would set the core budget cap for 2026 year July to 2027 year June at 40000000 units of USDx and 150000000 tokens MNT。
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The previous 1 cycle's budget cap was 52000000 units of USDx and 200000000 tokens MNT。
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The budget covers personnel, administration, marketing, the ecosystem, infrastructure, and security.
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Financing, treasury strategies, liquidity provision, and investments are not included in the above limits.
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Actual or projected spending exceeding category or total caps must still be discussed and voted on separately.
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The proposal is currently at the discussion stage.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a governance proposal that has not yet been approved. If approved,Mantle the 1 annual core work budget cap available will be lower than that of the previous 1 cycle; spending above the cap will require further discussion and a vote.
Why it matters to readers
The budget cap covers core expenditures such as personnel, marketing, the ecosystem, infrastructure, and security; the final voting outcome may affect funding arrangements in these areas.
Newcomers should first distinguish between a “proposal” and an “approved decision”: at present, it can only be confirmed that the proposal is under discussion and it must not be treated as the final budget.
Risks and unknowns
It remains unclear whether the proposal will proceed to a formal vote or ultimately be approved.
The final budget amount may change.
The actual spending in each category and applications for exceeding the budget remain unclear.
The actual impact of the budget adjustment on ecosystem, infrastructure, and security investment remains unclear.
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Related concepts
Core budget cap
This term is not in the glossary yet. Browse related concepts in the glossary.
