MANTRA Chain has put a new funding plan in front of its token holders. Governance Proposal #39 went live on October 2, 2026, and voting closes on October 8, 2026. The proposal asks the community to approve two things: a Community Pool for ecosystem funding and a new vehicle called the MANTRA Assistance Fund, or MAF. One is a grant budget. The other is a buyback machine with a cross-chain twist. The most notable detail may be what the proposal leaves out. It does not change existing token emissions, and it does not issue any new tokens. What Proposal #39 actually does Start with the Community Pool. It is designed as a discretionary pot of money for ecosystem development. The stated targets are liquidity provision, support for applications building on the chain, and better integrations. The MAF is the more interesting piece. MANTRA operates a validator on a separate network, the NVNM Chain, and that validator earns fees from stablecoin transactions. Under the proposal, the MAF is expected to use those fees to buy $MANTRA tokens on the open market. Put simply, activity on one chain would be recycled into demand for the token of another. NVNM is positioned toward institutional and priv...
MANTRA opens governance vote on Community Pool and Assistance Fund
1 month ago
33
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