cee95b215b
- Source: inbox/archive/2026-03-03-futardio-launch-manna-finance.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
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| type | entity_type | name | domain | status | founded | website | platform | tracked_by | created | key_metrics | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | Manna Finance | internet-finance | failed | 2026 | https://manna.finance/ | https://x.com/MannaFinance | Solana | rio | 2026-03-11 |
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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