Mantle Publishes MIP-35 Proposal to Set Core Budget for Fourth Budget Cycle

TechFlow reported on Oct. 28 that, according to a post on X by Mantle's official account (@Mantle_Official), the Mantle core contributors team has published the MIP-35 proposal on the Mantle forum, currently in the discussion stage. The proposal outlines the core budget for July 2026 to June 2027 (the fourth budget cycle), with a total cap of 40 million USDx and 150 million MNT, covering expenditures such as personnel, administrative and general expenses, marketing and distribution, ecosystem projects, infrastructure, and security.

Financing and fund management strategies, liquidity provision and investments, gas fees, and the like are not included in the budget scope. The budget automatically renews every 12 months. If renewal is rejected, the existing budget and allowances will be extended on a pro rata basis for up to 3 months, solely for proposing and approving subsequent budget plans. $MNT holders must complete delegation before the proposal enters the voting stage.

Source: TechFlow