Mantle Network community votes in favor of the proposal to establish the Mantle Ecological Fund.
2023-07-16 07:47
Odaily News According to official sources, the "MIP-24: Mantle Ecological Fund" proposal initiated by Mantle Network has been approved by the community vote.
It is reported that the proposal suggests that the community authorize Mantle Treasury to provide $100 million to establish the Mantle Ecological Fund, set up the Mantle Ecological Fund Investment Committee, and raise funds through an initial offering of 10 million USDC from Mantle Treasury.
The purpose of this proposal is to raise a $200 million fund pool within the Mantle ecosystem in the next three years through the efforts of the Mantle Ecological Fund and strategic risk partners. This $200 million fund pool will be composed of external matching capital invested by Mantle Treasury, Strategy Venture Partners, and the Mantle Ecological Fund.
The main objective of the Ecological Fund is to support founders and protocol technology partners in building within the Mantle ecosystem, promote the adoption of Mantle Network by developers and DApps, and incentivize strategic risk partners to support and invest in the Mantle ecosystem.
It is reported that the proposal suggests that the community authorize Mantle Treasury to provide $100 million to establish the Mantle Ecological Fund, set up the Mantle Ecological Fund Investment Committee, and raise funds through an initial offering of 10 million USDC from Mantle Treasury.
The purpose of this proposal is to raise a $200 million fund pool within the Mantle ecosystem in the next three years through the efforts of the Mantle Ecological Fund and strategic risk partners. This $200 million fund pool will be composed of external matching capital invested by Mantle Treasury, Strategy Venture Partners, and the Mantle Ecological Fund.
The main objective of the Ecological Fund is to support founders and protocol technology partners in building within the Mantle ecosystem, promote the adoption of Mantle Network by developers and DApps, and incentivize strategic risk partners to support and invest in the Mantle ecosystem.
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