MIP-71
Increase the wBTC/MNTA POL from ~$120k to ~$220k
Completed
This proposal is aimed to execute the action points 1-3 from https://discord.com/channels/1095005002201833495/1152210008935768065 1. Put 3m MNTA as collateral on MNTA - axlUSDC market. 2. Put 1.5m MNTA as collateral on MNTA - USDC market. 3. Borrow 50k axlUSDC on MNTA - axlUSDC market. At the current MNTA price, that will result in ~6% LTV and $0.03 liquidation price.
Total Actual Spending
1,388,631.0 USD
4,500,000.0 MNTA
DateTypeAmountPrice ($)Value ($)TokenTag
2023-09-19 04:54:581.5M $0.31 462.8k MNTACollateral Deposit
2023-09-19 04:54:5849.9k $1.00 49.9k AXLUSDCLoan
2023-09-19 04:54:58100.0 $1.00 99.6 USKOperations
2023-09-19 04:54:583.0M $0.31 925.7k MNTACollateral Deposit
2023-09-18 10:20:23100.0 $0.99 99.4 USKOperations
Made with Manta passion
Disclaimer
All data presented are for educational purposes only. There is no guarantee that any of the data is correct.
Price data provided by CoinGecko
version: 1.2.18b1