Mantadao - Proposal

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MIP-71

Increase the wBTC/MNTA POL from ~$120k to ~$220k

Completed

Proposer: kujira1q6n...tlg4l0cucz

Proposal Tx DA9012BE53...21C27F8DBE

Execute Tx 4C1290FF77...AA159E2AEF

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

Date	Amount	Price ($)	Value ($)	Token	Tag
2023-09-19 04:54:58	1.5M	$0.31	462.8k	MNTA	Collateral Deposit
2023-09-19 04:54:58	49.9k	$1.00	49.9k	AXLUSDC	Loan
2023-09-19 04:54:58	100.0	$1.00	99.6	USK	Operations
2023-09-19 04:54:58	3.0M	$0.31	925.7k	MNTA	Collateral Deposit
2023-09-18 10:20:23	100.0	$0.99	99.4	USK	Operations