618cab3a6b
- 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>
41 lines
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1.6 KiB
Markdown
41 lines
No EOL
1.6 KiB
Markdown
---
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type: entity
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entity_type: company
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name: "Manna Finance"
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domain: internet-finance
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status: pre-launch
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founded: 2026
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headquarters: "Cayman Islands (planned)"
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website: "https://manna.finance/"
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twitter: "https://x.com/MannaFinance"
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key_people:
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- role: "Founder"
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name: "Unknown"
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key_metrics:
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protocol_type: "CDP (Collateralized Debt Position)"
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collateral: "SOL"
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stablecoin: "solUSD"
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interest_rate: "0% (one-time fee only)"
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min_collateral_ratio: "125%"
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governance: "MetaDAO futarchy"
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planned_launch: "2026-06"
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tracked_by: rio
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created: 2026-03-11
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---
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# Manna Finance
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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.
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## Timeline
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- **2026-03-03** — [[manna-finance-futardio-fundraise]] launched on Futardio seeking $120K for 12-month runway; failed to reach target and entered refunding status
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- **2026-03-04** — Futardio fundraise closed in refunding status with only $205 committed against $120K target
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## Relationship to KB
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- [[MetaDAO]] — planned governance infrastructure
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- [[futardio]] — attempted fundraising platform
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- Implements zero-interest CDP model similar to Liquity V1 but on Solana
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- Competes with [[solomon]] (USDv), Jupiter (jupUSD), and other Solana stablecoins
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- Represents futarchy-governed DeFi protocol category |