Mantle Network plans to provide $238 million in liquidity support for ecological applications, RWA stablecoins, and cross-chain bridges

ChainCatcher message, the Ethereum Layer2 network Mantle Network community has initiated a proposal to promote ecosystem development using the Mantle Treasury, which includes providing up to $160 million in liquidity support for applications, offering up to $60 million in seed liquidity for RWA-backed stablecoins, and providing up to $18 million in liquidity support for third-party cross-chain bridges.

The proposal also authorizes the Economic Committee to collaborate with service providers and top on-chain system trading firms to support the deployment of the above strategies. This includes discussions with various parties and negotiating terms of cooperation or other commercial agreements regarding liquidity deployment when necessary. The Economic Committee is solely a decision-making body and must not directly handle treasury assets.