teleo-codex/entities/internet-finance/manna-finance.md
Teleo Agents 618cab3a6b 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 2)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 06:24:38 +00:00

1.6 KiB

type entity_type name domain status founded headquarters website twitter key_people key_metrics tracked_by created
entity company Manna Finance internet-finance pre-launch 2026 Cayman Islands (planned) https://manna.finance/ https://x.com/MannaFinance
role name
Founder Unknown
protocol_type collateral stablecoin interest_rate min_collateral_ratio governance planned_launch
CDP (Collateralized Debt Position) SOL solUSD 0% (one-time fee only) 125% MetaDAO futarchy 2026-06
rio 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

  • 2026-03-03manna-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