TechFlow reports that the Ethereum Layer2 network Mantle Network community recently released a proposal on using the Mantle Treasury to promote ecosystem development. The specific terms include:
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Providing applications with up to 60 million stablecoins, 300,000 ETH, and 120 million MNT;
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Providing seed liquidity of up to 60 million stablecoins for RWA-backed stablecoins;
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Offering liquidity support of up to 10 million stablecoins and 5,000 ETH for third-party cross-chain bridges.
Notably, the above allocations may overlap.
The proposal also authorizes the Mantle Economic Committee to engage discussions with service providers and top-tier on-chain trading firms, and to negotiate cooperation agreements or other commercial arrangements regarding liquidity deployment when necessary. Additionally, the proposal outlines selection criteria for service providers, including risk management and execution systems, reporting requirements, principal protection and collateral, deployment strategies, risk controls, fees, and incentive structures.
