Mantadao - Proposal

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MIP-78

Building $100K yieldETH/MNTA POL on Kujira

Completed

Proposer: kujira1q6n...tlg4l0cucz

Proposal Tx 165AD8FD20...3BFDCB2988

Execute Tx 28D394839C...BE792096F1

Send 50k USDC and $50k worth of MNTA (+15%) to the MantaDAO ops wallet. 50k USDC will be used for acquiring yieldETH on Ethereum, bridging it back to Kujira and matching with MNTA in BOW. yieldETH/MNTA LP tokens along with the rest of MNTA will be sent to MantaDAO treasury as a final result of this operations. This proposal is a part of MantaDAO commitment for SOMM <-> MNTA treasury swap deal. Discussion link: https://discord.com/channels/1095005002201833495/1141353387636572281

Total Actual Spending

108,636.6 USD

178,638.0 MNTA

Date	Amount	Price ($)	Value ($)	Token	Tag
2023-09-26 10:45:07	24.4k	$0.31	7.6k	MNTA	LP Building
2023-09-25 17:41:58	50.0k	$1.00	50.0k	AXLUSDC	LP Building
2023-09-25 17:41:58	178.6k	$0.33	58.5k	MNTA	LP Building
2023-09-26 10:45:32	1,653.7M	$0.00	95.8k		LP Investment
2023-09-22 17:14:52	100.0	$1.00	99.9	USK	Operations
2023-09-25 17:41:58	100.0	$1.00	100.0	USK	Operations