Mantadao - Proposal

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MIP-212

STARS/USK LP building in partnership with Stargaze

Completed

Proposer: kujira1cyg...nzcsnq5cg0

Proposal Tx DC578A993E...C34E7E4FB6

Execute Tx E643639C7D...E9FBE70A26

Upon execution, this proposal will send 68,400 USK to Stargaze LiquidityDAO multisig (Kujira account: kujira1m5kqsp0n8rqaaw3tlytwknz2md92r2hqessj4403qkakx9yparqs9cgk00) which will act as an intermediary for the transaction. Stargaze will contribute an equivalent value in STARS that will be paired into a STARS/USK LP on BOW. See Part 1 of the deal proposal here for details: https://commonwealth.im/stargaze/discussion/13859-sustainable-liquidity-building-proposal-for-starsusk-on-kujira. Once the LP will have been built, the LiquidityDAO multisig will send half of the LP tokens back to MantaDAO treasury.

Total Actual Spending

68,042.2 USD

0.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2024-03-25 19:39:11	179.0k	$0.41	72.7k		LP Investment
2024-02-21 02:45:40	100.0	$1.00	100.0	USK	Operations
2024-03-15 00:06:24	68.4k	$0.99	67.9k	USK	LP Building
2024-03-15 00:06:24	100.0	$0.99	99.3	USK	Operations