Mantadao - Proposal

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MIP-251

Repay 50k USDC an 50k USK from MNTA/stables levered LP positions (part 1)

Completed

Proposer: kujira1cyg...nzcsnq5cg0

Proposal Tx BC87AD852C...DC98E5DE42

Execute Tx 60F337E5F7...D78DB46DED

This proposal aims to accomplish the first part of the plan to repay 50k USDC an 50k USK from MNTA/stables levered LP positions. Upon execution, this proposal will: 1) Withdraw 50k USDC from Ghost Lending. 2) Grant the Kujira team ops wallet admin right to the CW1 holding the MNTA/USDC levered LP position (kujira1tkz2mpshewhcrl57kfgycxa047jlgxc2dcuwc60nwwyzndxkr9hsex6jj4). Note that the CW1 holding the MNTA/USK levered LP position already have a 100k USK reserve deposited into it and the Kujira Team ops wallet already has admin right, so the above is only required for the MNTA/USDC position. Full discussion here: https://discord.com/channels/1095005002201833495/1228674186013184002

Total Actual Spending

50,240.4 USD

0.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2024-04-18 08:19:31	100.0	$1.00	100.4	USK	Operations
2024-04-14 20:02:50	100.0	$1.00	100.1	USK	Operations
2024-04-18 08:19:31	50.1k	$1.00	50.1k	USDC	Lending Deposit
2024-04-18 08:19:31	45.8k	$1.10	50.1k	xUSDC	Lending Investment