Mantadao - Proposal

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MIP-76

$100k KUJI<>MNTA Token Swap with Kujira Community Pool

Completed

Proposer: kujira1q6n...tlg4l0cucz

Proposal Tx E842368CA0...963D2935E7

Execute Tx 24C345C1CE...B228D32258

This proposal is aimed to execute the action point 1 from the Deal Mechanics (page 5): https://drive.google.com/file/d/17Y7l7__wcF7PPI6CsKgJT8wmKxBMKL5Z/view :\n\n1. MantaDAO community launches and votes on a proposal to send $200k worth of MNTA (~736.9k tokens) from the governance-controlled MantaDAO treasury wallet to Kujira team's operational wallet.\\n‒ $100k of this amount will be used for direct exchange with the Kujira Community Pool. The remaining $100k MNTA will be used for LP matching with the $100k KUJI received from the Kujira Community Pool.\\n\\nDiscussion on Kujira forum: https://discord.com/channels/970650215801569330/1153299784199835679\\nDiscussion on MantaDAO forum: https://discord.com/channels/1095005002201833495/1110654912456572979\\n\\nThe amount of MNTA requested is calculated on a TWAP basis (https://drive.google.com/file/d/17Y7l7__wcF7PPI6CsKgJT8wmKxBMKL5Z/view , page 8) + 15% in case of volatility.

Total Actual Spending

283,715.7 USD

847,489.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2023-09-24 15:16:21	847.5k	$0.33	283.6k	MNTA	Token Swap Deal
2023-09-27 15:00:41	206.9k	$0.93	193.5k		LP Investment
2023-09-27 15:00:59	229.0k	$0.31	71.2k	MNTA	Token Swap Deal
2023-09-21 13:13:23	100.0	$1.00	99.9	USK	Operations
2023-09-24 15:16:21	100.0	$1.00	100.1	USK	Operations