TechFlow news, Mantle Core, an Ethereum Layer 2 network developed by the BitDAO ecosystem, submitted a proposal on February 26 to BitDAO's governance forum to establish a $200 million Web3 ecosystem fund called Mantle EcoFund, aiming to promote developer and Dapp adoption of the Mantle network.
According to the proposal, BitDAO’s treasury will contribute $100 million in stablecoins, with another $100 million coming from external matching capital provided by "strategic venture partners." If approved, Mantle EcoFund and its venture partners will co-invest in projects at a 1:1 matching ratio. Funds expressing interest in participating include Dragonfly Capital, Pantera, Folius Ventures, Play Ventures Future Fund, Spartan, Lemniscap, Selini Capital, Cadenza Ventures, and QCP Capital. Original link
