teleo-codex/entities/internet-finance/manna-finance.md
Teleo Agents f3e167b489 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 6)

Pentagon-Agent: Rio <HEADLESS>
2026-03-12 15:42:21 +00:00

1.3 KiB

type entity_type name domain status founded website twitter 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
raise_target total_committed raise_outcome launch_date close_date
$120,000 $205 refunding 2026-03-03 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 only a one-time borrowing fee and no ongoing interest. The protocol maintains its peg through redemptions (solUSD exchangeable for $1 of SOL) and liquidations via a Stability Pool. Governance was planned via MetaDAO futarchy from launch.

Timeline

  • 2026-03-03 — Launched fundraise on Futardio targeting $120,000 for 12-month runway covering audit, deployment, and initial operations
  • 2026-03-04 — Fundraise closed in refunding status after raising only $205 of $120,000 target

Relationship to KB

  • futardio — fundraising platform
  • metadao — planned governance mechanism
  • Positioned as Solana-native alternative to Liquity with futarchy governance and SOL-only collateral