Mantadao - Proposal

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MIP-254

Repay 50k USDC an 50k USK from MNTA/stables levered LP positions (part 2)

Executed

Proposer: kujira1cyg...nzcsnq5cg0

Proposal Tx 057C8B2F0B...F34BBEA09C

Execute Tx 5E36C516A1...3D47711150

This proposal aims to accomplish the second part of the plan to repay 50k USDC an 50k USK from MNTA/stables levered LP positions. Upon execution, this proposal will send 50k USDC 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. One the funds will be on both CW1s, the Kujira team will act as intermediary for the DAO to repay the debt. Full discussion here: https://discord.com/channels/1095005002201833495/1228674186013184002

Total Actual Spending

50,099.8 USD

0.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2024-04-15 15:54:13	100.0	$1.00	100.0	USK	Operations
2024-04-18 17:33:44	100.0	$1.00	99.8	USK	Operations
2024-04-18 17:33:44	50.0k	$1.00	50.0k	USDC	No Tag