Mantadao - Proposal

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MIP-200

Build ~$79k of TIA/MNTA liquidity

Completed

Proposer: kujira1cyg...nzcsnq5cg0

Proposal Tx 52D739DA02...2FB2C42B56

Execute Tx 0E829355B0...5C9B9C9E17

Upon execution, this proposal will transfer 39.5k axlUSDC alongside an equivalent amount of MNTA + 10% volatility buffer (=61,370 MNTA at current price) to Mike’s operational wallet. Mike will then IBC transfer the axlUSDC to Osmosis and/or Injective to swap for TIA. He will send the TIA back to Kujira and pair with the MNTA in a BOW LP. Finally, he will send back the LP tokens alongside any MNTA left over to the DAO treasury.

Total Actual Spending

89,295.2 USD

61,370.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2024-02-09 20:13:49	39.5k	$1.00	39.5k	AXLUSDC	LP Building
2024-02-09 20:13:49	100.0	$1.00	100.1	USK	Operations
2024-02-09 20:13:49	61.4k	$0.81	49.7k	MNTA	LP Building
2024-02-15 13:32:54	6.9k	$10.66	73.1k		LP Investment
2024-02-15 01:01:06	16.8k	$0.82	13.8k	MNTA	LP Building
2024-02-06 19:48:19	100.0	$1.00	99.7	USK	Operations