--- type: entity entity_type: company name: "Manna Finance" domain: internet-finance status: pre-launch founded: 2026 headquarters: "Cayman Islands (planned)" website: "https://manna.finance/" twitter: "https://x.com/MannaFinance" key_people: - role: "Founder" name: "Unknown" key_metrics: protocol_type: "CDP (Collateralized Debt Position)" collateral: "SOL" stablecoin: "solUSD" interest_rate: "0% (one-time fee only)" min_collateral_ratio: "125%" governance: "MetaDAO futarchy" planned_launch: "2026-06" tracked_by: rio created: 2026-03-11 --- # Manna Finance Manna Finance is a zero-interest CDP protocol on Solana modeled after Liquity V1. Users deposit SOL as collateral to mint solUSD stablecoin, paying only a one-time borrowing fee with no ongoing interest. The protocol maintains its peg through redemption mechanisms (solUSD exchangeable for $1 of SOL) and liquidations via a Stability Pool. Governance will be implemented through MetaDAO's futarchy system from launch. ## Timeline - **2026-03-03** — [[manna-finance-futardio-fundraise]] launched on Futardio seeking $120K for 12-month runway; failed to reach target and entered refunding status - **2026-03-04** — Futardio fundraise closed in refunding status with only $205 committed against $120K target ## Relationship to KB - [[MetaDAO]] — planned governance infrastructure - [[futardio]] — attempted fundraising platform - Implements zero-interest CDP model similar to Liquity V1 but on Solana - Competes with [[solomon]] (USDv), Jupiter (jupUSD), and other Solana stablecoins - Represents futarchy-governed DeFi protocol category