Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The second $30 million capital call proposal of Mantle EcoFund, an ecological investment fund, was approved with a 100% approval rate

The second $30 million capital call proposal of Mantle EcoFund, an ecological investment fund, was approved with a 100% approval rate

2024/03/04 12:00

According to the Snapshot page, the second capital call and governance process update proposal (MIP-29) proposed by Mantle EcoFund has been approved by community vote with a support rate of 100%. As per the proposal, a second capital call will be made for an amount of $30 million (denominated in USDC), to be allocated from the Mantle treasury. The proposal also suggests expanding the investment scope of Mantle EcoFund to selectively invest in accelerators, incubators, startup studios, and funds to promote the growth of high-quality, innovative early-stage projects within the Mantle ecosystem. It is reported that this proposal was jointly put forward by Mirana Ventures and the core contributors team of Mantle with an aim to review the initial $10 million investment situation following authorization under MIP-24 for establishing a $100 million Mantle EcoFund while proposing changes to existing governance processes and expanding investment authorization scope.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Altcoin season index drops to 69
金色财经2025/09/14 22:51

Trending news

More
1
Sources: BlackRock executives continue to rise in ranking for Federal Reserve Chair interviews
2
Messari: Bitcoin's current average daily transaction fee revenue is less than $500,000, hitting a multi-year low

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,165.84
-0.71%
Ethereum
Ethereum
ETH
$4,605.44
-1.41%
XRP
XRP
XRP
$3.03
-2.75%
Tether USDt
Tether USDt
USDT
$1
+0.02%
Solana
Solana
SOL
$240.7
-0.86%
BNB
BNB
BNB
$926.73
-0.78%
USDC
USDC
USDC
$0.9999
+0.02%
Dogecoin
Dogecoin
DOGE
$0.2787
-3.51%
TRON
TRON
TRX
$0.3488
-0.29%
Cardano
Cardano
ADA
$0.8883
-4.45%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter