The proposal "Using treasury funds to promote network applications" has been approved

ChainCatcher message, the MIP-26 proposal initiated by the Mantle Network Economics Committee regarding the use of treasury funds to promote network applications has been approved.

According to the MIP-25 framework, the following new strategies and allowances have been authorized: liquidity support for applications: up to 60 million USDx, 30,000 ETH, and 120 million MNT; seed liquidity for stablecoins supported by RWA yields: up to 60 million USDx; liquidity support for third-party cross-chain bridges: up to 10 million USDx and 5,000 ETH.

The proposal notes that the above allocations may overlap and are maximum limits, and reaching these limits may take some time.