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Mantle proposes lower budget caps for July 2026-June 2027 cycle, reducing spending limits.

Protocol Fundamentals
28 Oct 2026, 18:48 WIB
Tokenpost
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Mantle proposes lower budget caps for July 2026-June 2027 cycle, reducing spending limits.

Mantle's core team proposed reduced spending limits for its fourth budget cycle from July 2026 to June 2027, setting caps at 40 million USDx units and 150 million Mantle (MNT) tokens, down from the previous cycle's 52 million USDx units and 200 million MNT tokens. The budget covers key areas like personnel, marketing, and security, but excludes fundraising and investments. Any spending beyond these caps would require additional approval. The proposal, known as MIP-35, is still under discussion.

Mantle's proposal to lower its fourth-cycle budget caps for 2026-27 provides context for readers following cryptocurrency developments. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 28, 2026 22:22 WIB: out of 50 priced major cryptocurrencies tradable on Pluang, 38 rose and 11 fell today. Notable movers include LTC (Litecoin) at Rp1.059.671 with a 1-day change of +3.76% and Pluang order activity of 53% Sell / 47% Buy, EGLD (MultiversX) at Rp61.081 with a 1-day change of +3.71% and 0% Sell / 100% Buy order activity, and CAKE (PancakeSwap) at Rp38.106 with a 1-day change of +3.49% and 29% Sell / 71% Buy order activity.

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