Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Mantle initiated a proposal for budget discussions for the second budget cycle, with the total MNT limit set at 200 million pieces

Mantle initiated a proposal for budget discussions for the second budget cycle, with the total MNT limit set at 200 million pieces

Bitget2024/08/14 07:01

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

You may also like

Trending news

More
1
UK government: US companies plan to invest over £1.25 billion in the UK financial services sector
2
UK and US to Sign Technology Agreement Focusing on AI, Quantum Computing, and Other Key Technologies

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,753.59
-0.15%
Ethereum
Ethereum
ETH
$4,675.6
-1.11%
XRP
XRP
XRP
$3.11
-0.14%
Tether USDt
Tether USDt
USDT
$1
+0.00%
Solana
Solana
SOL
$248.2
+2.28%
BNB
BNB
BNB
$935.29
+0.80%
USDC
USDC
USDC
$0.9998
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2894
+3.49%
TRON
TRON
TRX
$0.3510
-0.46%
Cardano
Cardano
ADA
$0.9236
-0.50%
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