Mantadao - Proposal

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MIP-43

Building $100K yieldETH/MNTA POL on Kujira: borrow extra 26.5K USK on Ghost

Completed

Proposer: kujira1q6n...tlg4l0cucz

Proposal Tx FBE4890083...62B96C539C

Execute Tx C8C74357E9...2CD022F3E5

Following up on the stage 1 of the execution process https://discord.com/channels/1095005002201833495/1141353387636572281, this proposal is aimed to borrow extra 26.5K USK on Ghost. This will increase the liquidation price of MantaDAO’s debt position from $0.02 to $0.04 and TVL from 6.29% to 10.75% at the current price of $0.2.

Total Actual Spending

103.8 USD

0.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2023-08-22 08:05:45	100.0	$1.04	103.8	USK	Operations
2023-08-22 08:05:45	26.4k	$1.04	27.5k	USK	Loan
2023-08-19 07:25:15	100.0	$1.03	103.3	USK	Operations