--- 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]]