Mantadao - Proposal

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MIP-44

STRD <-> MNTA token swap deal. Send $100k worth of MNTA to Kujira team operational address.

Completed

Proposer: kujira1q6n...tlg4l0cucz

Proposal Tx AA5EE226A4...94C9BD46A8

Execute Tx A0B72CDE8D...B71E1C7F51

This proposal is aimed to execute the actions from stage 1 according to the discord discussion: https://discord.com/channels/1095005002201833495/1141984048135291030: 1. The Kujira team (codehans) will act as the intermediary for Kujira on-chain operations. MantaDAO launches and votes on the proposal to send $100k worth of MNTA from the governance-controlled MantaDAO treasury wallet to Kujira team operational address: https://finder.kujira.network/kaiyo-1/address/kujira1zspr6va4ev78lpsh48s57nv6szxj4cdywt2kkg. $50k of this amount will be used for direct exchange with the Stride community. The remaining $50k MNTA will be used for LP matching with $50k STRD received from the Stride “Community Pool - Growth” (https://www.mintscan.io/stride/accounts/stride1lj0m72d70qerts9ksrsphy9nmsd4h0s88ll9gfphmhemh8ewet5qj44jc9). The amount of requested MNTA is calculated as follows: ($50K MNTA as 10d TWAP + $50K MNTA to match with STRD at current price) * 1.15 = (249500 + 229890) * 1.15 = 551299 MNTA Source: https://docs.google.com/spreadsheets/d/1H69r9hkMPluI3DDcA30pb9SLDe2l6dlKhU8D6cJI_Qc/edit?usp=sharing

Total Actual Spending

114,386.9 USD

551,299.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2023-08-22 08:57:10	551.3k	$0.21	114.3k	MNTA	Token Swap Deal
2023-08-22 08:57:10	100.0	$1.04	103.8	USK	Operations
2023-08-29 10:45:08	551.3k	$0.22	121.7k	MNTA	Token Swap Deal
2023-08-19 14:47:43	100.0	$1.03	103.3	USK	Operations