Mantle EcoFund, promulgated through a Mantle Governance vote, MIP-24, in July 2023 as one of the largest ecosystem funds of its kind with a catalyzed capital pool of $200 million and operated by Mirana Ventures, announced it has completed deploying $10M in investments from its initial capital call. Mirana Ventures will make the second capital call of $30M in accordance with MIP-24 to invest in new Mantle Ecosystem projects in the coming months.
Six Mantle Ecosystem DeFi projects received fresh funding — Merchant Moe, an automated market maker (AMM) decentralized exchange (DEX) built by the Trader Joe team; INIT Capital, an upcoming “Liquidity Hook” money market on Mantle Network; Butter.xyz, a Mantle-native DEX emphasizing trend-driven opportunities and fostering a transparent and fair environment; Renzo, an EigenLayer liquid restaking hub; MUFEX, a multichain decentralized perpetual exchange offering a trading experience akin to a centralized exchange (CEX); and TsunamiX, a gami

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