Mantadao - Proposal

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MIP-263

Build $25.8k of wETH/USDC and $24.2k of wETH/USK

Completed

Proposer: kujira1cyg...nzcsnq5cg0

Proposal Tx 27E258C606...A28DF7B640

Execute Tx C4FC15843A...F6E8722744

The goal of this proposal it to continue to build wETH/stable liquidity, targeting a ratio of 2/3 wETH/USK and 1/3 wETH/USDC. Upon execution, this proposal with transfer 50k USK to MantaDAO ops wallet to complete the following actions: - Buy ~$25k worth of native wETH. - Buy ~$12.9k worth of native USDC. - Pair ~$12.1k USK with ~$12.1k wETH in a xyk BOW LP. - Pair ~$12.9k USDC with ~$12.9k wETH in a xyk BOW LP. - Return the LP tokens to the treasury. Exact values might vary slightly depending on the price of wETH at the time of execution, the goal being to get close to the 2/3 USK, 1/3 USDC target. Full discussion here: https://discord.com/channels/1095005002201833495/1235651064145907742

Total Actual Spending

49,534.7 USD

0.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2024-05-15 16:34:29	50.0k	$0.99	49.4k	USK	LP Building
2024-05-17 00:40:25	236.9M	$0.00	26.4k		LP Investment
2024-05-12 15:08:48	100.0	$1.00	99.9	USK	Operations
2024-05-17 00:40:51	203.4M	$0.00	23.9k		LP Investment
2024-05-15 16:34:29	100.0	$0.99	98.9	USK	Operations