diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md
index 3939e101..ab5a6639 100644
--- a/entities/internet-finance/futardio.md
+++ b/entities/internet-finance/futardio.md
@@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 
 - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
 - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
+- **2026-03-03** — [[manna-finance]] fundraise launched targeting $120,000, closed next day in refunding status with only $205 committed
 ## Competitive Position
 - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
 - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."
diff --git a/entities/internet-finance/manna-finance.md b/entities/internet-finance/manna-finance.md
new file mode 100644
index 00000000..e2f28f98
--- /dev/null
+++ b/entities/internet-finance/manna-finance.md
@@ -0,0 +1,32 @@
+---
+type: entity
+entity_type: company
+name: "Manna Finance"
+domain: internet-finance
+status: failed
+founded: 2026
+website: "https://manna.finance/"
+twitter: "https://x.com/MannaFinance"
+platform: "Solana"
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  raise_target: "$120,000"
+  total_committed: "$205"
+  raise_outcome: "refunding"
+  launch_date: "2026-03-03"
+  close_date: "2026-03-04"
+---
+
+# Manna Finance
+
+Manna Finance is a zero-interest CDP (Collateralized Debt Position) protocol on Solana modeled after Liquity V1. Users deposit SOL as collateral to mint solUSD stablecoin with a one-time borrowing fee and no ongoing interest. The protocol maintains its peg through redemption mechanisms and liquidations via a Stability Pool. Governance was planned via MetaDAO futarchy.
+
+## Timeline
+- **2026-03-03** — Launched fundraise on Futardio targeting $120,000 for 12-month runway to cover audit, mainnet deployment, and team operations
+- **2026-03-04** — Fundraise closed in refunding status after raising only $205 of $120,000 target (0.17% of goal)
+
+## Relationship to KB
+- [[futardio]] — fundraising platform
+- [[metadao]] — planned governance mechanism
+- Attempted to implement [[futarchy-based fundraising creates regulatory separation because there are no beneficial owners and investment decisions emerge from market forces not centralized control]]
diff --git a/inbox/archive/2026-03-03-futardio-launch-manna-finance.md b/inbox/archive/2026-03-03-futardio-launch-manna-finance.md
index 51ad91a2..dfa52656 100644
--- a/inbox/archive/2026-03-03-futardio-launch-manna-finance.md
+++ b/inbox/archive/2026-03-03-futardio-launch-manna-finance.md
@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/5whxoTjxW4oKeSN4C8yf5JUur7pcSChkPWgmhSZQ8oD5"
 date: 2026-03-03
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Failed fundraise for Liquity-style CDP on Solana. No novel claims—standard CDP mechanics and futarchy governance already covered in KB. Entity created to track the failed launch. Source contains detailed competitive analysis and go-to-market strategy but represents a single failed attempt, not evidence of broader patterns. The 0.17% funding rate itself is a data point, not a claim about futarchy or CDP viability."
 ---
 
 ## Launch Details
@@ -186,3 +190,12 @@ We're not pitching to VCs. We're raising from the community that will use and go
 - Token mint: `DQuz3AeodGAoyXV5MG56F1ZqvgRpn1VhFwFskW6Jmeta`
 - Version: v0.7
 - Closed: 2026-03-04
+
+
+## Key Facts
+- Manna Finance raised $205 of $120,000 target (0.17%) on Futardio (2026-03-03 to 2026-03-04)
+- Manna planned 125% minimum collateralization ratio for SOL-backed solUSD
+- Manna's competitive positioning: zero ongoing interest (one-time 0.5% fee), SOL-only collateral, MetaDAO futarchy governance
+- Manna roadmap: audit in Month 2-3, mainnet June 2026, DAO transition Month 7-12
+- Monthly burn planned: $10,000 ($7,000 team, $1,000 infrastructure, $1,500 marketing, $500 security)
+- Solana stablecoin landscape includes USX (Solstice), USDv (Solomon), jupUSD (Jupiter), USDGO (OSL)