rio: extract from 2026-03-03-futardio-launch-manna-finance.md

- Source: inbox/archive/2026-03-03-futardio-launch-manna-finance.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>

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 2026-03-04 with only $205 committed, entered refunding status
 ## 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."

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 only a one-time borrowing fee and no ongoing interest. The protocol maintains its peg through redemptions (solUSD exchangeable for $1 of SOL) and liquidations via a Stability Pool. Governance was planned via MetaDAO futarchy from launch.
+
+## Timeline
+- **2026-03-03** — Launched fundraise on Futardio targeting $120,000 for 12-month runway covering audit, deployment, and initial operations
+- **2026-03-04** — Fundraise closed in refunding status after raising only $205 of $120,000 target
+
+## Relationship to KB
+- [[futardio]] — fundraising platform
+- [[metadao]] — planned governance mechanism
+- Positioned as Solana-native alternative to Liquity with futarchy governance and SOL-only collateral

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 extracted — protocol design is standard Liquity V1 fork with futarchy governance plan. Entity created to track the failed raise as data point on Futardio launch outcomes. Competitive analysis table contains useful market positioning data but no arguable propositions. The 0.17% raise success rate is a factual outcome, not a claim about mechanism effectiveness."
 ---
 
 ## Launch Details
@@ -186,3 +190,10 @@ 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% success rate) on Futardio 2026-03-03 to 2026-03-04
+- Manna planned 12-month runway at $10,000/month burn rate: 70% team, 10% infrastructure, 15% marketing, 5% security/legal
+- Manna competitive positioning: SOL-only collateral, 0% ongoing interest, 125% minimum collateral ratio, redemption-based hard peg
+- Manna roadmap: audit prep (Month 1), audit execution (Months 2-3), mainnet launch June 2026 (Month 4), MetaDAO governance transition (Months 7-12)