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What is Manna?
Manna is a Liquity V1-style CDP protocol built on Solana. It lets you mint solUSD — a decentralized stablecoin — by depositing SOL as collateral.
Why Manna?
- Zero ongoing interest — pay only a one-time minting fee (0.5% base)
- 125% minimum collateral ratio — maximum capital efficiency
- SOL-only collateral — pure, simple, no multi-asset complexity
- Governed via MetaDAO — futarchy-based governance, not token voting
- Built on Solana — fast, cheap transactions
How It Works (in 30 seconds)
- Deposit SOL as collateral
- Mint solUSD against your collateral
- Deploy your solUSD however you like — DeFi, payments, savings
Your position (called a Trove) stays open indefinitely with no interest accruing. Repay your debt anytime to withdraw your collateral.
Links
- Launch App — Coming soon