The Mantle Network community voted to approve the proposal to establish the Mantle Ecosystem Fund

ChainCatcher According to official news, the "MIP-24: Mantle Eco Fund" proposal initiated by Mantle Network has been approved by community voting.

It is reported that the proposal suggests the community authorize the Mantle Treasury to provide $100 million to establish the Mantle Eco Fund, form the Mantle Eco Fund Investment Committee, and raise an initial fund of 10 million USDC from the Mantle Treasury.

The proposal aims to raise a $200 million funding pool in the Mantle ecosystem over the next three years through the efforts of the Mantle Eco Fund and strategic venture partners. This $200 million funding pool consists of external matching capital when the Mantle Treasury and Strategy Venture Partners co-invest with the Mantle Eco Fund.

The main goal of the eco fund is to support founders and protocol technology partners in building within the Mantle ecosystem, promote the adoption of the Mantle Network among developers and DApps, and incentivize strategic venture partners to support and invest in the Mantle ecosystem, etc. (source link)