Mantle Proposes to Lower Core Budget Cap to 40 Million USDx and 150 Million MNT

The Mantle official governance forum has released MIP-35 discussion proposal, aiming to set the core budget cap for the period from July 2026 to June 2027 at 40 million USDx and 150 million MNT, down from the previous cycle's cap of 52 million USDx and 200 million MNT. The budget covers personnel, administration, marketing, ecosystem, and infrastructure and security, while financing, treasury strategy, liquidity provision, and investments are not included in the above limits. Any actual or projected expenditures exceeding the category or total cap must be discussed and voted on separately. This proposal is still in the discussion phase.

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