Mantle EcoFund proposes second $30 million capital call and expands investment scope

Odaily News Snapshot page shows that the second capital call and governance process update proposal (MIP-29) proposed by Mantle EcoFund has opened community voting, and the voting will end on March 4. The proposal, co-authored by Mirana Ventures and a team of core Mantle contributors, provides an update on the $10 million investment in the initial capital call under the MIP-24 authorization to establish the $100 million Mantle EcoFund, while proposing changes to existing governance Changes to processes and expansion of investment mandates. According to the proposal, a second capital call of $30 million (in the form of USDC) will be made from Mantles treasury. The proposal also recommends expanding the investment scope of Mantle EcoFund, including selective investment in accelerators, incubators, entrepreneurial studios and funds to promote the growth of high-quality, innovative early-stage projects within the Mantle ecosystem.