[Mantle Proposes Lowering Core Budget Cap to 40 Million USDx and 150 Million MNT for Cycle 4] According to the Mantle official governance forum, the core contributor team has released MIP-35, proposing to set the core budget cap for the period from July 2026 to June 2027 at 40 million USDx and 150 million MNT, lower than the previous cycle's 52 million USDx and 200 million MNT. The budget covers personnel, administration, marketing, ecosystem, and infrastructure and security; financing, treasury strategies, liquidity provision, and investments are not included in the above limit. Any actual or projected expenditures exceeding the category or total limit will still require separate discussion and voting. This proposal is currently under discussion.