MIP-205
Divest the WINK/MNTA LP and sale WINK OTC to fund the DYM/MNTA LP
Completed
This proposal is aimed to divest the WINK/MNTA LP and sell the WINK from the LP alongside the WINK currently sitting in the treasury in an OTC transaction at a price of $0.12. Discussion here: https://discord.com/channels/1095005002201833495/1205260764550799390/1205260764550799390. Upon execution, this proposal will send the WINK/MNTA LP which currently includes 63,586 WINK, alongside the 181,643 WINK in the treasury to MantaDAO’s ops wallet. Mike will then dismantle the LP and execute the OTC deal, selling ~245.2k WINK for ~29.4k USDC and return the funds to the DAO treasury alongside the MNTA portion of the LP. The proceeds will be used to fund a DYM/MNTA LP, which will be done in a separate proposal after this one has been completed, for accounting purpose.
Total Actual Spending
36,319.8 USD
0.0 MNTA
DateTypeAmountPrice ($)Value ($)TokenTag
2024-02-14 19:14:44181.6k $0.12 21.4k WINKOTC Deal, Bonding and DCA
2024-02-14 19:14:4423.5k $0.63 14.9k
LP Investment
2024-02-11 10:08:55100.0 $1.00 100.0 USKOperations
2024-02-15 13:32:2829.0k $1.00 29.0k USDCOTC Deal, Bonding and DCA
2024-02-15 00:53:469.0k $0.83 7.4k MNTALP Building
2024-02-14 19:14:44100.0 $1.00 100.1 USKOperations
Made with Manta passion
Disclaimer
All data presented are for educational purposes only. There is no guarantee that any of the data is correct.
Price data provided by CoinGecko
version: 1.2.18b1